51–60 of 289 posts
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.
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.
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…
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.
Almost everyone in my network that can't get a job is running a "company".
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…
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.
Often quite a bit less than it looks on-paper when you remove the "working lunch" and "client dinner" and "meeting (at the country club)" and "reading emails while lounging on the private jet" bits.
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…
The next version of the equal-pay-for-equal-work fight is going to be pretty interesting, and will probably start to boil over sometime in the next 5-10 years.
More telecommuting is going to be generally unstoppable despite a few fits and starts, but since NYC and SF can't afford to just get completely hollowed out in the space of a few years, they need Kansas City to help out with the rent. And it will work too, since some places are more politically important than others. But it won't work forever.
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…
Meeting with current and prospective clients is not leisure, it's stressful as fuck even if it's over dinner.
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.