Cost of work commute doubles in two years: Regus
The cost of travelling to work has almost doubled in the past five years and currently stands at 5 percent of a worker's net take-home income, a research done by Regus revealed.
The global workplace provider Regus surveyed more than 44,000 senior business people in more than 100 countries to arrive at the results, the company said in a statement yesterday.
Global workers spent an average of 3 percent of their annual take-home pay on their way to work in 2010, but the situation has now significantly worsened, according to the statement.
Costs are much higher than the 5 percent average for workers in some parts of the world like South Africa, Brazil, France, India and Mexico, where country averages have reached 6 percent, Regus said.
Moreover, more than a third, around 34 percent of respondents, spend more than the average of 5 percent on work commute, Regus said.
“With living costs rising, every penny counts for the world's workers, yet travel expenses are accounting for a larger and larger slice of their yearly outgoings, in some cases making the commute into work prohibitively expensive and deterring prospective talent,” Harsh Lambah, Regus country manager in Bangladesh, was quoted as saying in the statement.
Regus Bangladesh has two business centres in Dhaka -- at Crystal Palace on Gulshan South Avenue in Gulshan-1 and UTC Building in Karwan Bazar.
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