‘Lunchflation’ makes going back to work expensive

  • Home
  • Articles
  • ‘Lunchflation’ makes going back to work expensive

Returning employees are being greeted with much higher prices for everything — commute, gas prices, daycare, groceries, clothes, and even food. The increase in the latter has contributed to a new phenomenon called “lunchflation.”

According to the US Labor Department, the index for food away from home increased 7.2% over the last year. The Bureau of Labor Statistics added that food prices jumped by 9.4% in April — the biggest jump since April 1981. 

Gas prices are hitting record highs due to the Russia-Ukraine war. According to AAA, the average for a gallon of regular gasoline in the United States (US) is now $4.60. Parking prices also surged compared to the pre-pandemic prices, with some spaces adding $8 to their rates per day. Even buying work-appropriate clothes is also a burden as apparel prices went up by 5.4% year-on-year in April. 

These price increases tend to eat up the income of most employees, especially if their salaries aren’t keeping up.

Kelly Yau McClay, a worker based in Potomac, Maryland, said that “lunchflation is 100% real, everything is more expensive.” As a hybrid worker, she stated that she spends $30 to $35 a day on work-related expenses — such as lunch, coffee and snack runs, and parking.

To combat the inflation, New York-based insurance worker Sarah Hill shared that she brings things from home, “whether it’s leftovers or a cup of noodles to get me through the day.”

While most companies are looking forward to welcoming back their employees to the office, price inflations seem to be getting in the way. And this phenomenon not only adds to the expenses of the employees but also to their stress level.

That is why employers should think deeply before implementing full-time remote work. If hybrid workers are already suffering the effects of inflation, what more could happen if they have to go back to the eight hours-five days a week format of the pre-COVID era?

Read more here.

Start your
journey today

  • Independent
  • Secure
  • Transparent

Access fantastic talent at world-leading prices

Scale your business fast while reducing costs —
the average all-in employment costs in the
Philippines are typically 70% less than its
Western counterparts

Philippines United Kingdom Australia United States
Software Developer
$7,221
$39,913
$62,653
$81,994
HR Manager
$9,506
$46,669
$66,518
$78,007
Team Leader
$7,152
$31,174
$45,428
$75,823
Accountant
$5,959
$58,479
$67,190
$72,923
Copy Writer
$4,767
$52,088
$56,600
$62,653
Customer Service
$3,337
$22,137
$29,717
$35,275
Virtual Assistance
$2,285
$39,066
$42,240
$31,797
Select a role to view salaries
Philippines $7,221
United Kingdom $39,913
Australia $62,653
United States $81,994

Avoid guesswork. Talk to the experts, free.

Get 3 free quotes

You can save 70% on staff costs, whilst driving quality & growth. Connect with an outsourcing expert to see how outsourcing can transform your business.

Why choose us?
  • Independent and unrivalled expertise
  • We carefully match you from 2,300+ leading suppliers
  • Access to Outsourcing Savings Calculator & Report

Get Started

How many staff to outsource?

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO).

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between world-leading outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 3,900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.