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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

#32
Sure, especially in leadership you will often find sociopaths, but there's plenty of people leading by example as well. The company I'm working at comes to mind, where every level of the hierarchy, including leadership, is on a an employment contract that pays a regular salary, allows WFH/remote, and has just regular paid vacation days. Despite everyone having the option of being fully remote, it is the leadership who is generally in the office, while I'm typing this from another country. They have to be in our home country - where we make most of our sales - while I'm free to travel the other side of the globe. I haven't heard a peep of complaint.

Almost all of my previous employers have been some variation of the above for the past 10 years. If instead I chased the highest paying jobs without thinking about quality of life, becoming a small cog in some behemoth of a company that doesn't care if I wear down, then that'd be on me.

If you're in tech, nobody forces you to work for a company that may pay you 200k/year, but asks you to work and commute 60 hours a week. There's plenty of other choices once you realize that beyond a certain point, salary matters much less than everything else for your quality of life.

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

#34

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…

They'll be there when the VIPs are. > Both executives have agreed to commute frequently for their role. Starbucks will allow Niccol to use its corporate plane, and Victoria’s Secret will cover Super’s travel expenses. They'll probably be ferrying the VIPs on said jet, making a brief appearance, then golf and a fancy dinner.

‘Commuting’ on a private plane or with all expenses paid.

That is not commuting.

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

#35
CEOs of medium/large companies are the face of the company which means making a couple key decisions per week (a few work hours) and meeting with current/prospective clients (leisure activities). Coupled with making far more $ than the rest of the employees, I suspect they're both bored at the office and feel downgraded to a regular employee. Thus, out-of-office with nothing to show.

But if the company is _coincidentally_ doing great, then the CEO gets credit. If it's tanking, the CEO leaves for another CEO position because the main prerequisite of being a CEO is having been a CEO, regardless of performance.

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

#36

Earlier quoted context omitted.

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.

I don’t see why you should be able to do anything about this legally as an employee. As a shareholder you have more of a claim.

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

#38
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…

Executives work insane hours. The jobs are there if you want to gun for them. Yes there are lazy executives, but successful companies focused on shareholder value tend to weed them out.

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

#40
A recurring theme in so many startups I've seen inside is how the CEO in particular is extremely aloof with regards to presence. Sometimes that translates to aloofness for staff, but what more often happens is that when the CEO _does_ come in they expect other people to be there. So long as the alignment is good they don't care, but when it's not aligned, they just assume nobody is ever around and get real pissy about people showing up on time.

Fortunately the "good" ones are able to disassociate how much of that emotion is just them being lonely vs how much of it is actual synergy-seeking or whatever. The worst cases are people who get real tyranical, on top of just like... outright not showing up to do the actual day-to-day work that they are blockers on. A proper theory of the mind can often be quite absent.

My really glib take on this phenomenom is that a not-insignificant chunk of decision making for HR stuff is "make the CEO fill the tip-top of their Maslovian pyramind". And to a lesser extent other executives who have decided that their job is their life.

Very annoying to listen to post-facto RTO arguments when you can feel the loneliness as the driving factor. Make a fun space, and make people's work schedules be loose enough to where they can actually relax in the space, and some people will show up! Or at the very least, give the CEO a fun side project to work on or something.

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