Would You Take Lower Pay If It Meant Traveling More for Work?
Workplace benefits are an important part of a company’s compensation package. A recent report on job trends in 2017 projects that the pendulum is swinging back from trendy benefits to more traditional offerings. The lure of traveling more leads some job-seekers to look for companies that offer work abroad options or even employment opportunities to visit various parts of the country.
But how many people would accept a lower-paying job if it meant traveling more for work? According to a recent Booking.com survey, 30% of respondents would agree to this type of arrangement.
Blurring the lines on travel
Employees are accustomed to blurring the lines between work and personal time in terms of responding to phone calls, text messages, and email on an around-the-clock basis, but they may be blurring the lines in other ways as well.
According to the survey:
- 55% of business travelers say they like to travel for work
- 49% of business travelers have extended their business trips to a different city or country within the past 12 months
So where do these nomads like to roam? These are the most popular destinations:
- New York
- Hong Kong
The business travel bargaining trip
Ripsy Bandourian, director of product development at Booking.com for Business, believes that business travel is becoming a bargaining chip and a way to increase morale among workers. “We believe the priorities of today’s employees are changing faster than ever, and rather than being incentivized with a paycheck, employees are placing a higher value on life outside the four walls and looking to travel experiences to do so.”
Whereas business travel used to be viewed as an inconvenience, Bandourian tells GoodCall® that this perception has changed. “Today, traveling for business is increasingly seen as a time to expand horizons, find inspiration and progress in a career.” And according to the survey, 46% of respondents plan to travel more in 2017 than they did in 2016.
The downside of traveling more
However, a study by researchers in Great Britain and Sweden found that traveling more for work may not be as glamorous as it sounds. According to the authors, jet lag can last for almost a week and negatively affect judgment, emotions, and concentration levels. And by turning off the genes connected to the immune system, jet lag may even contribute to heart attacks. Other hazards of traveling more include exposure to germs, in addition to deep vein thrombosis from sitting for so long.
Also, there’s the stress of preparing for each trip, and the rush to complete prior projects at work and home before departing.
Interestingly, since frequent travelers develop such a broad range of experiences, the study states that they may feel that they can’t relate to their family and friends, and they may experience isolation. In addition, friendships and relationships formed while traveling tend to be expendable.
New York-based publicist Allison Gayne believes that the benefits of traveling for work, especially in exchange for lower pay, would vary from person to person and depend on their stage in life. “As a working mom, I am not at a place where I can travel for work and would not be interested in accepting lower pay in exchange for traveling more.”
On the other hand, Gayne tells GoodCall®, “However, someone who may not have a family or may be just starting out in the workforce may find traveling an appealing part of his/her job and be more inclined to accept lower pay in exchange for traveling more.”