Survey on Remote Work Flexibility and Salaries
September 24, 2025
A study by the European Central Bank explores whether workers would accept pay cuts in exchange for flexibility in remote work. In Cyprus, regulations regarding remote work are advancing, with the Minister of Labor set to announce coverage of remote work costs. The research indicates that hybrid work arrangements are the most favored. Workers are not willing to sacrifice significant pay cuts for remote work. Interestingly, 43% of those working fully remotely would prefer to spend fewer days working away from the office.