Ordered back to the office, top tech talent left instead, study finds

Yep. I'm willing to make 10% less to be fully remote. Given the alternative is fewer days of sleep each year, plus many more in time spent grooming and transiting, then the cost of transport and lunch, to ultimately get less done, both at home and at work (with the same deadlines) I might even take 15-20% less.

Work/life balance is more important than money.

My company is based in CA, and employs me remotely from the Midwest. They pay me above average for my area, but less than they would have to if I lived in the Bay area where they are based. I feel like this works out for both of us! They even go so far as looking at the zip code of every employee when considering raises, and thus far (3 years) I have received an annual raise which is higher than the cost of living increase for my area.

In my situation at least, me working remotely benefits both myself and my company. I just can't understand why so many larger companies are so adamant about return to office, especially ones in larger coastal cities.

Food and gasoline prices have skyrocketed. Infrastructure is a mess in most of the country so it takes longer and longer to get anywhere at peak times. Companies have cut costs in offices so they're just crowded and full of distraction and germs. So yeah, lots of time and money is saved by working from home.