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

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41–50 of 289 posts

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

#42

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.

There is a very easy way to do something about it, don't work for those companies.

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

#43
post #41

I mean, I do go to the Orlando office 4 days out of the 14 that my family and I stay at a 5 star resort .. ok maybe 3 and a half days with the 3rd afternoon spend at twin peaks

And while we’re on the topic, does anyone appreciate how difficult it is to get my 4 bed 2 bath 3200 sf accommodation for 14 consecutive nights with less than 3 months notice? And when you get there the service has really declined. In 2013 the maids would load the dirty dishes from anywhere around the unit into the dishwasher and run it for me every single day as well as a full cleaning. Now they never even load the dishwasher for me anymore and sometimes don’t even wash the balcony floor everyday!

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

#45

Earlier quoted context omitted.

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.

An ethically aligned company goes to reasonable lengths to allow employees to become shareholders.

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

#47
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…

Everybody knows. We all have the same Internet as you

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

#49
post #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 _coincident…

I honestly wonder if the secret to quality of life is just to save up money and buy a profitable small or medium sized business mostly financed against the business. If you want to grow it, you can. Otherwise, you can get relatively passive income out of it and experience as a CEO that allows you to apply to other CEO jobs if it fails.

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

#50
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.

One company I worked for expanded to an Europe office that consisted of just 1 employee. A coworker tried to get the office address, but could never get a straight answer.

When layoffs came around the COO was so out of touch at that point he literally complained about having to fly his family back from Europe.

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