Technology

These elite CEOs probably work 100-plus hours a week and they're much more work-focused.

Oh ffs. I have nothing against Nick Bloom but this statement is so BS. Even if "elite CEOs" could work 24 hours per day, 7 days per week their salaries could not be justified by any means. There are just not enough hours in a day to actually do it.

The mandates symbolize the sharp disconnect right now between the way CEOs and employees think about work.

He's right about that though.

It was never about productivity. It was always about control.

It's also to make sure the commercial real estate market doesn't crash

These dingles are gonna flex like this just before another Covid surge, I guess?

Managers are managers because they're good at playing power games, not because they're good at their jobs. These games are harder to play if people aren't there. That's why they're so scared.

Good, they'll be left with second rate wage slaves while other companies who trust their employees will be more productive and competitive as a result.

This is the best summary I could come up with:

"Because the labor market is looser and there's more talent to be hired, I think the employers think they'll be able to get their way," Dr Grace Lordan, associate professor in behavioral science at the London School of Economics told Insider.

A certain kind of CEO — noticeably skewing male and older, she said — is drawing from this "command and control" playbook as a way to rebuild an employee base that fits their idea of being productive and diligent.

"This belief of a certain cohort of people, and they are represented across all sectors, that presentee-ism is productivity, for them it's perfectly rational that if somebody doesn't want to come into the office then that basically means they're not somebody who wants to add value to the firm," Lordan added.

Elon Musk is consistently adamant about workers at his companies from X to Tesla being present in office, going as far as calling remote work "morally wrong."

A number of firms that benefited from a pandemic bump in business, particularly in tech, went on a hiring spree — triggering the "Great Resignation" as workers quit for ever-higher salaries and perks.

That attitude means certain types of employees will lose out — and return-to-office mandates will likely hurt diversity too if they are strictly enforced.

The original article contains 512 words, the summary contains 215 words. Saved 58%. I'm a bot and I'm open source!

And by "look like" we mean "totally are"

This is terrible reporting, emotional, practically yellow. Two academics are quoted. The article and headline tell you how you should feel about this. This should have never gotten past the editor's desk.