863

CEOs will finally admit next year that return-to-office mandates didn’t move the productivity needle, future of work experts predict (fortune.com)

submitted 10 months ago* (last edited 10 months ago) by SuperSpaceFan@lemmy.ca to c/workreform@lemmy.world

147 comments fedilink hide all child comments

Paywall-free link: https://archive.is/eV7A5

you are viewing a single comment's thread
view the rest of the comments

[-] SquiffSquiff@lemmy.world 5 points 10 months ago

In this particular case, a combination of factors:

The company must ensure that all work-related communications for the traders (the people directing billions for the organisation and its customers) are recorded, not just recording all phone calls and emails, literally everything. They like to have these people work onsite for this because of course nobody can ever be trusted and nobody ever goes to lunch...
Management is all boomers - literally can't get their heads around remote work. They think that if you aren't in the office suffering then you are skiving. It's literally about an identity and conformity.
Management is completely focussed on traders - 'if they all have to be here then so must everyone else'
They pay exceptionally well. Absolutely a horrible environment but if you move the needle at a hedge fund then they will pay you more than any other type of employer.

[-] Zeshade@lemmy.world 2 points 10 months ago

I see. Really weird to hear about these old school boomers' mentality. I thought they were the minority because "why would I work for you if you say shit like that?" In the tech industry where I work this wouldn't fly. Or companies push for rto just to push people out. But I can now imagine how it can be in other industries.

this post was submitted on 29 Dec 2023

863 points (96.9% liked)

Work Reform

9856 readers

31 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

founded 1 year ago

MODERATORS

seeCseas@lemmy.world

tintory@lemm.ee

TinMod@lemmy.world