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What blows my mind is the fact that the return to office policy doesn’t help ANYONE. The company continues to pay to run a physical building with limited seating, makes the company pay expensive contractors for repairs/parking/security/etc, and kills productivity across the board. People are worried about leaving on time or else they’ll be stuck in traffic, instead of worrying about finishing an important task.
If the company owns the office buildings then no tenants would devalue the asset.
American business leadership tends to think level of income is correlated with effort, and as a consequence assume anyone below them on the corporate ladder is a lazy bum. Lazy bums obviously need to be in the office so they can be supervised. Evidence to the contrary is just exceptions to the rule, and cannot dictate policy.
See also: Prosperity Gospel, Calvinism.
Income is correlated with effort, just inversely
Income is mostly inversely correlated with how much the work improves society. Source: David Graeber
It satisfies the desire of those at the top who don't believe work gets done if they can't see it physically happen.