81–90 of 289 posts
And what the "face to face conversations" narrative really means is: 1) I don't want to put things in writing, 2) I want to tell if you are lying.
RTO sucks
Gotta wonder how much of the compensation and investment portfolios of those CEOs is in commercial real estate.
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.
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…
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…
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.
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I come to this conclusion, b/c I think its extremely rare that the 'best' person to be the executive on day0 is rarely the 'best' person to be an executive in every stage of a company's lifecycle. but the executives can cling on, b/c they have low accountability (especially when they are the board).
Is it easy to win the lottery? No. Once you win the lottery, is life easier? Yes.
Earlier quoted context omitted.
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.
> Executives work insane hours. 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.
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…
Yes, I can imagine in some odd situations (say family businesses) you might have "figurehead" CEOs, but every CEO I've ever worked with put in a huge number of hours. I think there is plenty to honestly debate regarding CEO compensation, especially when it comes to egregious wealth inequality, but this idea that CEOs are just a bunch of lazy schmoozers sounds like an r/antiwork fever dream to me.