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My dad had a private office, and his secretary had one too. Both offices looked out over a lake, and were large rooms. My dad had an informal sofa area by the
by rwmj 4mo ago
My dad had a private office, and his secretary had one too. Both offices looked out over a lake, and were large rooms. My dad had an informal sofa area by the window, and the secretary's office was slightly less grand but still had plenty of space. He earned about the same as me inflation adjusted. His secretary obviously far less, though they both got a gold-plated final salary pension on top.
What are the chances of that happening today for anyone not in the C-suite?
I never had a private office until I started working from home. My pension comes out of my salary and all the risk of markets falling etc falls on my shoulders.
- mycall 4mo agoFor one thing, the rich were as rich in proportion as today. That alone would need to be reversed.
- Schiendelman 4mo agoRight, as a percentage of the total employed population, the benefits of your dad's job were much more rare than yours are today. Remember how many more people were working in manufacturing and agriculture at that point. This is a flattening. I'm also betting you make significantly more dollars, inflation adjusted, then he did.
- rwmj 4mo agoThe factory workers at the same company had respectable jobs and also gold-plated salaries. They were unionized but the only time I remember the union taking collective action was when the company was threated by a take-over by (what we'd now call) a private equity asset stripper. Together with management they successfully fought off the bid. And in case you're thinking this all sounds very inefficient, the same company still exists today.
- Schiendelman 4mo agoI think that sounds great. Very rare, but great. What do they make? Or what did they make back in those times?