Remote employees ‘don’t work as hard’, says head of world’s biggest commercial landlord

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Remote employees ‘don’t work as hard’, says head of world’s biggest commercial landlord
theguardian.com

Steve Schwarzman of the Blackstone group said staff want to work from home so they can save money

The boss of the world’s biggest commercial landlord has accused remote workers of staying away from the office because it means they “don’t work as hard” and can save money.

Steve Schwarzman, the chief executive of investment firm the Blackstone group, made the claims about hybrid staff while speaking on a panel at the Future Investment Initiative summit in Riyadh, Saudi Arabia.

In remarks first reported by Bloomberg, he said employees had kept working from home because “they didn’t work as hard, regardless of what they tell you” and also due to the savings they make on their daily commute, lunches and work attire.

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I actually work harder (in general) than before because now I don't have to commute, 1-2 hours more a day I can spend getting stuff done

Why? Use those two hours for yourself!

Sometimes I do, sometimes I don't. But even when I do I'm still working, just on my own computer doing totally unrelated stuff.

I like that I have the choice to use those 1-2 hours to get stuff done for work, to clean up something at home, or just go onto the patio and stare at the sky for 5-30 minutes.

All of those bring me far more satisfaction than riding the train, and I'd happily do any of them instead.