There have been some studies on this, turns out employees will give up quite a bit: https://www.library.hbs.edu/working-knowledge/charting-remote-works-value-w

There have been some studies on this, turns out employees will give up quite a bit: https://www.library.hbs.edu/working-knowledge/charting-remote-works-value-would-you-take-pay-cut https://www.library.hbs.edu/working-knowledge/charting-remot... https://anderson-review.ucla.edu/tech-workers-take-much-lower-pay-to-ditch-the-office/ https://anderson-review.ucla.edu/tech-workers-take-much-lowe... Just left a comment elsewhere (https://news.ycombinator.com/item?id=45192176 https://news.ycombinator.com/item?id=45192176), but it's likely this RTO push is partially to renegotiate to account for this perk.