An anti-remote work Australian mining CEO wants workers to stop stepping out for coffee: ‘I want to hold them captive all day long' [Fortune]
MINERAL RES LTD UNSP/ADR (MALRY)
NASDAQ:AMEX Investor Relations:
mineralresources.com.au/investors-and-media.html
Company Research
Source: Fortune
“I want to hold them captive all day long,” Ellison, chief executive officer of Mineral Resources Ltd. said on Thursday. “I don't want them leaving the building. So I don't want them walking down the road for a cup of coffee. We kind of figured out a few years ago how much that costs.” Ellison was championing the perks of working at the firm's two-year-old Perth headquarters , which boasts a cafe, restaurant, gym, creche, reflection room and wellness center. The 67-year-old mining veteran said that staff “loved working” in the building and its facilities “kept them glued” there. “I have a no-work-from-home policy,” he said in the transcript of a call with analysts following an earnings update. “I wish everyone else would get on board with that, the sooner the better.” “We can't have people working three days a week and picking up five days a week pay.” Ellison's office policy is something of an outlier in Australia, where working from home has become the norm for white-collar
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