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The reason CEOs want workers to Return To Office is because they want you to quit
(www.fastcompany.com)
this post was submitted on 19 Oct 2023
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Work Reform
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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.
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- 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.
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- Higher wages for underpaid workers.
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- Better and fewer working hours.
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That’s part of it. Another part is middle management can’t function without seeing you. Finally, it’s not worth it to a company to maintain a lease on a building if nobody works there and it’s not easy getting out of those leases.
I agree with most of this except the lease is a sunk cost, making people come in based on a variable that won't change is bad decision making, the discussion should be made independently of lease. I agree some managers think this way, it's usually the ones who could benefit from remedial business finance classes.
Yes and no. It's more like a trap that the company is trapped in. It's the corporate equivalent of having to keep renting an apartment you don't live in anymore and can't sub-let. The sunk cost fallacy applies, but also it's a case of "we're stuck with this and we're going to USE it even if it kills our wage slaves."
The larger issue may be that companies occupying the buildings supports interests of the owning class, and so its influence is being applied accordingly to shape the larger social forces.