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I don't buy that for a second. To C-level executives and the members of a board, if we're paying for an office, 99% of the time they're gonna say "use it". They
by willsmith72 3y ago
I don't buy that for a second. To C-level executives and the members of a board, if we're paying for an office, 99% of the time they're gonna say "use it". They're not thinking about sunk costs.
- jonas21 3y agoNobody thinks that way. If they could save money right now by not paying for utilities and support staff without sacrificing productivity, they absolutely would do it. And eventually that lease is going to come up for renewal, and they'd love to be able to cut costs then too. Bringing everyone back to the office makes that impossible, but they've decided it's worth it.
- willsmith72 3y agoJust not true. I literally know of business owners/C-levels who think this way. "We're not just gonna leave this space here empty when we're already paying for it". Things like utilities and support staff on large business park leases are often included or heavily discounted, not to mention that they're usually tax-deductible. Where are you getting your info?