WORK PERKS

Here's how much salary Texans would willingly forfeit to continue working from home

Employees prefer the kitchen table to the boardroom. Photo by Maskot/Getty

For some, working from home is starting to look like the new normal. But whether your office is gearing up for reopening or you're looking at taking calls from your couch for the foreseeable future, one thing is for sure: Texans love that WFH life.

Finance website RealBusinessSavings.com recently surveyed 3,500 American employees to evaluate their attitudes about offices in the current circumstances, and the results showed an overwhelming preference for our makeshift home desks.

The average American employee would take a $316 pay cut per month in order to continue working from home after lockdown, with Texans specifically willing to give up $278 each month to avoid going back to their place of work.

Nationally, 57 percent of employees say they will request to continue working from home to avoid contracting coronavirus in the workplace. One in 10 are happy to be far away from office politics, and two in three say they have been more productive working from home.

When it comes to reasons people prefer to continue working from home, 30 percent of employees say saving money on transportation is the best thing, followed by no daily commute (28 percent). An additional 22 percent say the best part is saving money on lunch and afterwork drinks, while 8 percent said their favorite part is not having to wear business attire (hooray for yoga pants!).

Broken down across the country, it appears Californians are most keen on keeping their WFH routines after lockdown, as the average employee there would forfeit $495 of their salary in order to continue to do so. Comparatively, Hawaii employees are ready to go back to the office, with the average respondent there forfeiting only $71 of their salary each month in order to continue working from home.

And if we ever do return en masse to the boardroom, it seems the days of high-fives and handshakes with your coworkers are over. Results say that 75 percent of employees do not think handshakes will ever return to the work environment, and in their place should be the elbow tap (65 percent), a simple nod (28 percent), the balance-testing foot tap (5 percent), and the formal bow (a mere 2 percent).

Perhaps most telling is this result: One in three workers say that since WFH began, they have felt their bosses have been friendlier and with a more relaxed attitude toward employees. Long live the Zoom meetings.

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This article originally ran on CultureMap.

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Building Houston

 
 

VR training startup, HTX Labs, has raised funding from an outside investor for the first time. Courtesy of HTX Labs

HTX Labs, a Houston-based company that designs extended reality training for military and business purposes, announced last week that it has raised its first outside capital.

The company has received a $3.2 million investment from Cypress Growth Capital. Founded in 2017, HTX Labs — developer of the EMPACT Immersive Learning Platform — has been granted funding from the Department of Defense as well as grown its client base of commercial Enterprises. The platform uses virtual and extended reality that "enables organizations to rapidly create, deploy, measure, and sustain cost-effective, secure, and centralized immersive training programs, all within engaging, fully interactive virtual environments," per a news release.

“We have been looking to secure outside capital to accelerate the growth of our EMPACT platform and customer base but we hadn’t found the right partner who provided an investment vehicle that matched our needs,“ says HTX Labs CEO Scott Schneider in the release. “We found everything we were looking for in Cypress Growth Capital. They have a non-dilutive funding model that aligns with our capital expectations and have the level of experience that really makes this smart money.

"Cypress has a decade-long track record of success in helping emerging software and services companies achieve scale," he continues. "It is clear that the team’s collective entrepreneurial and operating experience will be of tremendous benefit to us as we focus on expanding our customer base in a very intentional way.”

The fresh funding will go toward growing and scaling the company's operations — both within the current Department of Defense and expansion opportunities into key commercial markets, like heavy industry, manufacturing, and higher education. Additionally, the funding will support increased customer adoption.

“Scott and his team have built an exceptional business that is poised for dramatic growth,” says Cypress Partner Pat McCaffrey in the release. “HTX Labs’ modern, immersive training solution provides clients with a force multiplier for modernizing training and an unmatched ROI.”

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