San Francisco Leads the Nation In No One Wanting To Work In an Office

Bad news for anyone hoping that Bay Area workers return to the office for good: San Francisco leads the nation in how many days employees want to work from home. According to a recent survey co-conducted by Stanford economics professor Nicholas Bloom, workers want to cut how many days they spend in the office by more than 53%, a nation-leading number. That’s 4 percentage points more than New York and 6 percentage points more than Los Angeles.

San Francisco also ranks third — behind New York City and Los Angeles — in how much less they intend to spend in the city while they are in the office. According to a slide deck provided by Bloom to SFGATE, the average San Francisco office worker will spend an average of $5,293 less per year compared with before the COVID-19 pandemic. He first presented these findings at a conference at New York’s Federal Reserve Bank, as first reported by Bloomberg. “Employers value working from home — they really like it, as it’s a huge hiring and retention policy,” Bloom said. “Why wouldn’t you do something that makes them more productive and happier?”

Bloom went on to say that “tech workers, on average, value working from home two to three days a week as much as an 11% pay increase,” reports SFGate.