<story><title>CEOs are running companies from afar even as workers return to office</title><url>https://www.bloomberg.com/news/articles/2024-08-15/starbucks-victoria-s-secret-are-part-of-broader-trend-of-remote-ceos</url></story><parent_chain><item><author>bearjaws</author><text>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.&lt;p&gt;5 jobs later, its been the same at any company that isn&amp;#x27;t a startup. Execs have never been in the office, they have &amp;quot;offsite&amp;quot; meetings.</text></item></parent_chain><comment><author>darth_avocado</author><text>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.&lt;p&gt;Edit: In case it wasn’t clear, this is not just about CEOs and “executives”. A director level can sometimes be just “manager of managers”. I’m talking about upper middle management here.</text></comment>
<story><title>CEOs are running companies from afar even as workers return to office</title><url>https://www.bloomberg.com/news/articles/2024-08-15/starbucks-victoria-s-secret-are-part-of-broader-trend-of-remote-ceos</url></story><parent_chain><item><author>bearjaws</author><text>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.&lt;p&gt;5 jobs later, its been the same at any company that isn&amp;#x27;t a startup. Execs have never been in the office, they have &amp;quot;offsite&amp;quot; meetings.</text></item></parent_chain><comment><author>LiquidSky</author><text>A friend of mine is an attorney and during the pandemic as soon as in-office work was allowed again the entire firm was ordered to return immediately to their Manhattan office only to find that the managing partners were still calling in from their homes in Long Island or Connecticut.</text></comment>