I value working remotely because it allows me to save time and live in an area that fits my lifestyle. And it costs my company money as they need to pay my travel expenses when I do visit the office, as well as some HR and legal overhead. Many managers also find an employee's presence in the office valuable in and of itself.

I work remote full-time because it's something that I negotiated up front my with employer, but most of my team members are required to come into the office every day (or at least most days). If they work from home too often their manager will notice and "have a chat" with them eventually.

So from that perspective it definitely feels like a perk, and something that I am fine negotiating over as part of a larger compensation package.