Would you give up 10% for two days WFH?

[itjobs]

Better the devil you know.

If you're not that bothered about leaving, you can use the new offer to negotiate an increase with current client - but only you know how much they need/want you and hence how strong your hand is.

Hypothetically speaking, if you were travelling from BHX to Canary Wharf (around 2.5 + 2.5 hrs ) would you give up 10% for an extra day WFH?

[ShandyDrinker]

Hypothetically speaking, if you were travelling from BHX to Canary Wharf (around 2.5 + 2.5 hrs ) would you give up 10% for an extra day WFH?

Given that for me SWI->Canary Wharf is approx 1.5 each way at best I'd give up 10% for an extra day WFH. For your journey I think it's a no brainer.

[ChimpMaster]

Hypothetically speaking, if you were travelling from BHX to Canary Wharf (around 2.5 + 2.5 hrs ) would you give up 10% for an extra day WFH?

For 3 days WFH, yes. Time is precious and I have a young family. I WFH 2 days a week and enjoy the little moments like taking my kids to school, something that many fathers will not get to appreciate.

Fortunately though, I didn't have to take a rate cut to WFH. But everyone's position is different.

The question is very much specific to an individual's personal circumstances. So I cannot answer for you. Perhaps you're much younger than I am and you're still building that warchest so income is your main priority, in which case 10% over the course of a year is a large amount to forsake. If you're not married or don't have kids, perhaps you can stay over in the Wharf rather than travel 2.5 hours each way.

There was a time when money was important to me, but I'm over that now (largely speaking ). It's all about time now: buying time and freedom is why I chose to become a contractor in the first place. You can always make more money, but you can't make more time. You've just got to look at your reasons and hopefully you will be able to visualize your long term objective.

[SlipTheJab]

You commute from Brum to Canary Wharf, 2 days WFH is worth a lot more that 10% and I'm not talking about the money, I do Birm Intl to Euston and 2 days WFH is the only way I would ever entertain such a commute.

[LondonManc]

It's also a case of 10% of what - if the money is significantly different, then it becomes a personal call of money versus time.

[itjobs]

It's also a case of 10% of what - if the money is significantly different, then it becomes a personal call of money versus time.

I guess we can roughly equate 10% to around £50-£65 pounds.

[VillageContractor]

Me? Yes, because I'm trying build a large pile of savings, so money wins. However in the future it would be no, so depends on your circumstances

[itjobs]

For 3 days WFH, yes. Time is precious and I have a young family. I WFH 2 days a week and enjoy the little moments like taking my kids to school, something that many fathers will not get to appreciate.

Fortunately though, I didn't have to take a rate cut to WFH. But everyone's position is different.

The question is very much specific to an individual's personal circumstances. So I cannot answer for you. Perhaps you're much younger than I am and you're still building that warchest so income is your main priority, in which case 10% over the course of a year is a large amount to forsake. If you're not married or don't have kids, perhaps you can stay over in the Wharf rather than travel 2.5 hours each way.

There was a time when money was important to me, but I'm over that now (largely speaking ). It's all about time now: buying time and freedom is why I chose to become a contractor in the first place. You can always make more money, but you can't make more time. You've just got to look at your reasons and hopefully you will be able to visualize your long term objective.

Its not 3 days, its just 2 days. Even then, it makes a huge difference. I would say, my war chest is sufficient enough to get me through a year or two with out work. Having read different views, I guess I am leaning more towards to continuing with current client. Things may change by end of December (or any time) but that is expected in contracting. At least until then I can relax and enjoy the work I do now. After all, we all survive with our unique combination of skills that market needs.

[missinggreenfields]

You know that rate cuts might happen, and are prepared for that eventuality. You know how much you value working from home. Only you know whether it's worth one over the other.

Contract before this one, I accepted a lower rate to work from home the whole time. This contract is also 100% working from home and is nearly 25% more than the previous WFH one and about 15% more than the previous working away one. Working from home isn't always in line with a lower rate

[MrMarkyMark]

You know that rate cuts might happen, and are prepared for that eventuality. You know how much you value working from home. Only you know whether it's worth one over the other.

Contract before this one, I accepted a lower rate to work from home the whole time. This contract is also 100% working from home and is nearly 25% more than the previous WFH one and about 15% more than the previous working away one. Working from home isn't always in line with a lower rate

Totally agree with this statement.

For some roles, you just do not need to be in the office
I'm lucky in that I can do exactly what I want in the terms of location and flexing hours.