About Us  |  About Cheetah®  |  Contact Us

Survey finds American workers spend an average of $3000 a year on coffee and lunch at work

American workers spend an alarmingly high amount of their hard earned cash on somewhat average daily expenses, according to a new Workonomix survey by Accounting Principals. The survey found that 50 percent of the American workforce spends approximately $1000 a year on coffee, or a weekly coffee habit of more than $20. And the spending doesn’t stop there. Two thirds (66 percent) of working Americans buy their lunch instead of packing it, costing them an average of $37 per week — nearly $2,000 a year.

Despite these high costs, the survey suggests workers are unclear about the biggest drain to their wallet. When asked which work expense they most want to be reimbursed for by their employer, 42 percent of employees chose commuting costs and only 11 percent chose lunch expenses. However, the average American’s commuting cost is $123 a month or approximately $1500 a year, which is well below the average annual lunch tab of $2000.

“Small — but consistent — expenses add up quickly over time, and it can be difficult for consumers to realize it because they’re only spending a few dollars at a time. But, as our survey shows, those few dollars can quickly turn into a few thousand dollars,” said Jodi Chavez, senior vice president, Accounting Principals. “Additionally, when you look at it over a worker’s lifetime, that number grows exponentially. Consider the average American who works for about 40 years, starting their first job around age 22. By the time they retire at age 62 they would have spent at minimum $120,000 on coffee and lunch, not including inflation.”

This is especially true for young American workers. The survey found that younger professionals (ages 18-34) spend almost twice as much on coffee during the week than those ages 45+ ($24.74 vs. $14.15, respectively). They also shell out more for lunch, spending an average of $44.78 per week on lunch compared to their older colleagues who spend $31.80 per week. However, it seems American workers of all ages are starting to realize the effect this incremental spending has on their personal bottom line. According to the survey, one-third (35 percent) of employees have made it a financial goal to bring lunch instead of buying it in 2012.

Other survey findings include:

  • Better food and coffee in the office might help cut back personal spending. Perhaps because of how much they’re spending outside the office, American workers would like companies to invest in better food and drinks in the office. One-quarter (25 percent) of Americans wish their company would invest in better vending machine snacks and 22 percent of American workers would like their company to invest in better coffee in the office.
  • Employers should focus on the “simple pleasures” to keep employees happy. Although better food and drinks would be a plus, employees most want to see their companies invest in better office equipment (46 percent) and more comfortable office chairs (32 percent) in 2012.
  • Corporate discounts do not factor into employees’ purchase decisions. Companies looking to attract new candidates shouldn’t focus on corporate discounts as a selling point. The majority (82 percent) of employees say corporate discounts matter little or not at all when buying a new product or service.

“As the recovery gains momentum and companies look to attract and retain talent, they should consider worrying less about big-ticket discounts and focus instead on what will impact their employees’ happiness every day,” said Chavez. “Small improvements around the office, such as better equipment, food and drinks, can make a big difference in workers’ morale. After all it is often the little things in life that tend to make people the happiest.”

Source: Accounting Principals; www.accountingprincipals.com.

The death of George Floyd and organized labor’s mixed history on race relations: What the next chapter may look like

July 7th, 2020

By Dr. Jim Castagnera, Esq.
Organized labor nonetheless has a historic opportunity to redeem its uglier chapters.
Race arguably has been the most virulent and tenacious domestic problem in all of American history. Despite the ’64 Civil Rights Act and the ’65 Voting Rights Act, race remains our most divisive demographic. As champions [Read more...]

State bar associations offer law firm-specific guidance on COVID-19 back to office reopening

July 2nd, 2020

By Joy P. Waltemath, J.D.
State bar associations providing specific recommendations for reopening law firms generally have suggested a cautious and conscientious approach.
Although almost all state bar associations have devoted some part of their internet presence to COVID-19 resources, and most have a dedicated page or pages containing COVID-19 specific guidance [Read more...]

ON THE LABOR FRONT—Addressing calls for reform of police unions

July 1st, 2020

By Michael J. Soltis, J.D.
America needs strong labor unions. But can a labor union be too strong?
Calls for “reform” of police unions are coming from just about every constituency within the labor movement—unions, supportive politicians, and typically labor-friendly publications.
The tragic killing of George Floyd by a Minneapolis police officer has [Read more...]

Trump signs Executive Order to overhaul federal hiring process

July 1st, 2020

By Wayne D. Garris Jr., J.D.
The EO aims to open the federal workforce to the two-thirds of Americans who do not hold a college degree.
On June 26, the White House announced that President Donald Trump signed an executive order on Friday that changes the federal government’s hiring practices to “to replace one-size-fits-all, [Read more...]

DOL guidance clarifies FFCRA leave eligibility for kid’s camp closures; when school is ‘in session’ for FLSA child labor rules

June 30th, 2020

By Joy P. Waltemath, J.D.
The FFCRA allows parents to take leave if their children’s summer camp plans are closed due to the coronavirus. A new field assistance bulletin explains how to determine if camp is “closed.”
With school and summer activity schedules greatly altered as America continues to re-open in the [Read more...]