80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’

L4sBot@lemmy.worldmod to Technology@lemmy.world – 361 points –
80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’
cnbc.com

80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’::As some business leaders accept hybrid work as a permanent reality, others are backtracking on earlier pledges to let employees work from home.

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In response, EY announced a fund in February 2022 to reimburse up to $800 per year for commuting, pet care and dependent care costs for each of its 55,000-plus U.S. employees.

Sorry... a < .5% raise isn't enough to get me back in an office.

800 per year? My god what are these execs paying their nannies that they think this is anything substantial for such a massive sacrifice of time and energy to be in an office.

Yeah $800 would maybe cover my train tickets. Probably not quite. Pet care expenses? I don’t even really know what that means.

But dependent care???? They must be high.

Pet care... Dog walking, cat feeding. I assume.

$800 wouldn't cover childcare for 1 child for 1 month.

Knowing an exec who has a nanny, they’re paying them around $7,000 a year and trying to make them feel like they never do enough

Their nanny works around 75 hours a week