The majority of respondents are not changing their commuting practices and they’re not getting any help from their employers either. An overwhelming 80 percent of respondents say that their employer has not provided them with any benefits to help cope with the higher price of gas. Among the benefits being offered that are helping workers: telecommuting (8 percent), subsidized public transportation (four percent), compressed work schedule (four percent); and organizing/supporting carpools (three percent).
"There are several ways that employers can take a more active role in helping employees deal with higher gas prices," said Joyce Maroney, director of The Workforce Institute at Kronos Incorporated. "Whether it’s allowing employees to work from home when it makes good business sense, scheduling employees to work compressed workweeks, or connecting them with co-workers who live in their area and work similar hours for potential carpools, these tactics can go a long way in easing the financial burden on employees."
Cutting back
While American workers are not changing the way they commute to work, they are making other lifestyle changes to cope with gas prices and current economic conditions. Sixty-nine percent of respondents say they have cut back on unnecessary spending; 59 percent say they are driving less; 57 percent are going out to eat less; and 30 percent have postponed a vacation because of the state of the economy.
In addition, of those surveyed who hold more than one job, 61 percent say they do so because of financial obligations (mortgage, medical bills, debt repayment, etc.) while 43 percent say the higher price of gas is a factor.
"Between relentless price hikes in food and energy, flat paychecks, and falling home prices, family budgets are deeply stressed,” said Jared Bernstein, Director of the Living Standards Program at The Economic Policy Institute and board member of The Workforce Institute. “Of course, businesses are stressed too, and many can't afford to compensate their workers for the higher prices they face. Thus, workplace policies that facilitate less driving make a lot of sense right now."
Stay-cations on the rise
Of those respondents who say they have taken less vacation time this year, 65 percent say it is because they do not have the money to take a vacation. Likewise, of those who have taken vacations closer to home (within 200 miles), 38 percent say it is due to the higher price of gas.
"A lot of research points to the importance of taking vacation," says Maroney. "Vacations enable workers to re-charge their creativity, avoid burn-out and return to work with a fresh perspective. If you don’t have the money to travel, consider taking a ‘stay-cation’ where you take time off but stay at home or closer to home. It’s still time away from work, and that alone has benefit."