We work from home 4 days a week, we are more than free to go run errands or something if we need to, we have the freedom to spend some time on learning or on a "side project" which could help the company, some people have even gone over on vacation time with no issues, some people start at 7AM and cut out early, others start at 10 or 11 and leave later.
As long as your shit gets done and you are available for most meetings or calls you have a lot of freedom, and in turn I'm personally more willing to put in the extra time if a project is falling behind, or a product breaks at 7PM and the guy on call could use help. And for a while it was a big reason for me staying.
Yeah, another job offered me more money, but when I needed to go take the car into the shop would I need to take a day off? Will I be able to leave early on Thursdays? Will I be punished for spending 3 hours learning a new tool when I got stuck on my main project and needed to just switch gears for a bit?