AthenaI’m shocked. This is my shocked face
“Overall, the analysis, released as a pre-print, found that RTO mandates did not improve a firm's financial metrics, but they did decrease employee satisfaction.
Drilling down, the data indicated that RTO mandates were linked to firms with male CEOs who had greater power in the company. Here, power is measured as the CEO’s total compensation divided by the average total compensation paid to the four highest-paid executives in the firm.
Before the analysis, the researchers hypothesized that RTO mandates may be used to blame employees for poor firm performance. (…Snip…)
Although CEOs often justified RTO mandates by arguing it will improve the company's performance, "Results of our determinant analyses are consistent with managers using RTO mandates to reassert control over employees and blame employees as a scapegoat for bad firm performance," the researchers concluded.”
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