I've worked in remote positions and on projects with participants in multiple countries and time zones. There are different types of "costs".
1) As Kristina mentioned, there are some costs to setting up a office or workspace at home - including some less obvious costs like additional electricity, heating, cooling, etc.
2) Remote workers normally need to put more conscious effort into building relationships with co-workers, keeping up on the office news, etc. (However, this effort is more under your control than when co-workers have loud, non-work conversations right next to your cube.)
3) If you're too remote to get together in person, it's harder to "be there" for the best and worst things. When a colleague was in a car accident, I couldn't visit him in the hospital or help with the kids. You can't go out for a celebration of a big success. (There are ways to celebrate remotely, but it's not quite the same thing.) Some companies exist to provide employee assistance for the bad things (especially for traveling employees). And some organizations have periodic physical get-togethers for remote employees to celebrate.
On balance, i like remote work, but ideally can physically get together occasionally with colleagues.
I'm curious to hear what others think.
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