Starbucks says incoming CEO Brian Niccol can live in his home in Newport Beach, California and commute to Starbucks’s head office in Seattle on a corporate jet.
It's sad to say, but there are people that work at Amazon (IC's, not even senior or middle management) that commute by plane.
They were hired on the basis that being 100's of miles away wasn't a problem, and were then told to commute to their nearest office 3x a week (now 5x). For many, spending their money on a commute is preferable to being unemployed, so some employees spend 3+ hours a day commuting, or fly in and get a taxi/train to the office.
It's obviously not to this level, but RTO initiatives make people do stupid shit in order to stay employed...
Y'all would be surprised at how common this has become. I have worked for or with several startups and medium-sized businesses where the company was paying for flights from the other side of the country every week and a corporate apartment or hotel for executives to stay at before flying home for the weekend.
A friend of mine just got a secretary job for a smallish company and I was surprised to learn that they fly the entire office around on a private jet sometimes just for shits and giggles.
It is kind of infuriating knowing that people are giving up meat and riding their bike in the rain to reduce their carbon foot print while the capitalist class gives zero fucks about our planet because they think their bunkers will save them.
But the rich forgot who built their bunkers. When the shit hits the fan, those workers who built the bunkers won't have any trouble pouring concrete over the air vents. We're all in this together and either we all work together to beat climate change or no one will survive climate change.
I don't get why he'd do that. That's a nearly 3 hour commute each way, so about 5-6 hours in the air each day.
Add to that, a charter jet company quotes the price for that flight at ~$18,000 each way. Maybe reduce the cost of that flight in half, but the yearly bill for transportation alone is going to be in the range $25,000,000+ per year. No CEO is that valuable.
Add to that, a charter jet company quotes the price for that flight at ~$18,000 each way. Maybe reduce the cost of that flight in half, but the yearly bill for transportation alone is going to be in the range $25,000,000+ per year. No CEO is that valuable.
That is sort of like arguing that "no medieval Duke or Baron is that valuable." Guys as rich as him are part of the owning class. They live in a completely different world than the rest of us and most of those positions are decided by nepotism. The MBAs working under the C-suite do all the real work of managing the company while the C-suite types fly around the world, play golf, party on yachts, etc.
Simple. 1. They have to show up to keep up the illusion that the company needs them. 2. They get off to bossing people around. How are they supposed to feel big and powerful if they can't see us grovel and jump up to please their every whim?
Had a VP who was forced to do this (but with commercial flights) 15ish years ago. It was hell and she quit after 4 months. Management was surprised due to their inability to understand people or reality.
Niccol successfully negotiated a similar deal when he became the CEO of Chipotle in 2018.
At the time, the fast-casual chain was headquartered in Denver, Colorado ... Chipotle moved its headquarters from Denver to Newport Beach three months after announcing Niccol’s appointment.
Checking out Newport Beach there's a John Wayne Airstrip right there, 5 minute drive. Will probably fly out of that.