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CEOs are running companies from afar even as workers return to office

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Re: CEOs are running companies from afar even as workers return to office

#21

I think it's more important for CEOs to be located in the same city as the company HQ than it is for any randomly selected employee to be. When VIPs visit the company, they expect the CEO to be present, not on Zoom. Plus, there used to be this thing where leadership had a more than tenuous connection to the legacy and culture of the businesses they ran, and even to the cities their companies were a part of. That's ha…

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Re: CEOs are running companies from afar even as workers return to office

#22
post #2

Anyone surprised by this? I remember my first programming job it was FREQUENT that the execs would fly to other offices ~12+ weeks a year. Of course our office was in Orlando so every exec would also magically have their family flown in as well to go to Disney World. 5 jobs later, its been the same at any company that isn't a startup. Execs have never been in the office, they have "offsite" meetings.

Not only are directors and above immune to the RTO directives in most companies, they are also immune to location specific pay ranges in most companies. And for the few times they do require to go to the office, they can expense the entire trip, including airfare, dinners, hotels and more. The class asymmetry is ridiculous, but unfortunately most workers don’t know this fact.

Edit: In case it wasn’t clear, this is not just about CEOs and “executives”. A director level can sometimes be just “manager of managers”. I’m talking about upper middle management here.

Re: CEOs are running companies from afar even as workers return to office

#23
post #2

Anyone surprised by this? I remember my first programming job it was FREQUENT that the execs would fly to other offices ~12+ weeks a year. Of course our office was in Orlando so every exec would also magically have their family flown in as well to go to Disney World. 5 jobs later, its been the same at any company that isn't a startup. Execs have never been in the office, they have "offsite" meetings.

Not only are directors and above immune to the RTO directives in most companies, they are also immune to location specific pay ranges in most companies. And for the few times they do require to go to the office, they can expense the entire trip, including airfare, dinners, hotels and more. The class asymmetry is ridiculous, but unfortunately most workers don’t know this fact. Edit: In case it wasn’t clear, this is no…

No, they know. They can't do anything about it under the current legal framework, though.

Re: CEOs are running companies from afar even as workers return to office

#27
post #2

Anyone surprised by this? I remember my first programming job it was FREQUENT that the execs would fly to other offices ~12+ weeks a year. Of course our office was in Orlando so every exec would also magically have their family flown in as well to go to Disney World. 5 jobs later, its been the same at any company that isn't a startup. Execs have never been in the office, they have "offsite" meetings.

Not surprised in the slightest. Rules for thee, not for me.

Re: CEOs are running companies from afar even as workers return to office

#30

Earlier quoted context omitted.

Yes? To counter your anecdote, I have never worked for a company (6) where the CEO wasn’t local. My team and I are fully remote but our execs are not and are not permitted to be.

The use of the word "permitted" makes me think about how working for individual investors is a lot more like a normal job than heading a public company.

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