More than a third of U.S. technology workers said they would accept a salary cut of up to 10% if they could work from home and avoid the expense of commuting to the office, according to a poll conducted by Dice Holdings.

That makes sense. Computer Zone Online calculates that he average employee who drives 20 miles to work and gets 15 m.p.g. will soon be paying $229 more per month on gasoline than he or she did one year ago. That means commuting costs will increase about $2,752 over the next year.

But it’s not just the employees who save. Studies also show telecommuting employees are more productive and are willing to commit more hours each week to work. When you add these benefits to others such as lowered corporate and individual carbon footprints, increased employee morale, decreased office expenses, lower employee turnover, and many more, you’ll experience some serious savings, too. Even if you don’t cut those salaries.