• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
Australian billionaire reveals controversial stance on coffee runs after saying he wants to 'hold staff captive all day long'

Home> News

Published 14:56 29 Aug 2024 GMT+1

Australian billionaire reveals controversial stance on coffee runs after saying he wants to 'hold staff captive all day long'

Mining tycoon Chris Ellison had gone to extreme lengths to keep staff 'glued' to the office

Britt Jones

Britt Jones

The way that the workplace has evolved is remarkable, but billionaire Chris Ellison isn’t on board with flexible arrangements.

Now that we can all kick our feet up at home, sip on a coffee while lying on the sofa to complete our daily tasks on the clock, it’s hard to think about what it was like before remote work was created.

Not only has it been hailed as the ultimate solution for those who want more of a work-life balance, but it’s also been great to see how productive workers can be when not bogged down by office politics and a manager breathing down their necks.

But while it’s been uber popular among employees, Ellison isn’t a fan of this change to the workplace and he even admitted that if it were up to him, his staff would never leave the office.

Advert

It’s safe to say that there’s no flexible options at his company, Mineral Resources Ltd.

Ellison wants to keep his staff where he can see them. (Getty stock images)
Ellison wants to keep his staff where he can see them. (Getty stock images)

But now he’s coming after coffee breaks.

That’s a step too far, Ellison.

Advert

The mining tycoon explained to Fortune on Thursday 29 August (today): “I want to hold them captive all day long.

“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’s firm boasts a giant headquarters in Perth, Australia which features work perks such as a wellness Center, restaurant, gym, creche, a reflection room and yes, a café.

He claims that his staff ‘love working’ there and because the office holds so many amenities, it ‘kept them glued’ inside instead of crossing the road for a quick espresso.

Advert

That means there’s no room for asking to work from home a couple of days each week, even if it’s for childcare reasons.

Following an earnings update at the company, a transcript of the call reported him as saying: “I have a no-work-from-home policy.

“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.”

Advert

The billionaire is even coming for our coffee trips. (Getty stock images)
The billionaire is even coming for our coffee trips. (Getty stock images)

While many companies down under are happy with their employees choosing to work two days at home and three days in the office, or vice versa, it’s a no-go with Ellison.

Instead, he has incentivised his office to prefer to work in the office through a daycare scheme.

Ellison explained that his company’s daycare center charges A$20 ($13.58) a day, while most private nurseries charge A$180 a day.

Advert

He said: “Drop the little tykes off next door.

“We’re going to feed them, but mum and dad will be working in our office.”

He might be going against science with his staunch beliefs, though.

Sociologist Juliet Schor of Boston College, has been outspoken about the improvements in employee physical and mental health and work-life balance, as well as higher job satisfaction and general life satisfaction when adopting a 4-day work week.

There was also evidence of burnout reductions which have been maintained over the past year.

So, maybe flexible working really is the way forward, Ellison?

Featured Image Credit: Fairfax Media / Contributor / Getty
Money
News
Travel

Advert

Advert

Advert

Choose your content:

2 days ago
  • The Diary of a CEO / YouTubeThe Diary of a CEO / YouTube
    2 days ago

    Neuroscientist's astonishing story on how she communicates with her dead husband every day

    Her discovery is a 'revelation'

    Science
  • d3sign via Gettyd3sign via Getty
    2 days ago

    Shocking study reveals where AI chatbots really get their information from

    It might not be where you expect

    News
  • SOPA Images / Contributor via GettySOPA Images / Contributor via Getty
    2 days ago

    Google take ‘giant leap’ with launch of ‘Nano Banana' that will change the AI game forever

    Google makes image editing easier than ever

    News
  • Andrew Harnik / Staff / GettyAndrew Harnik / Staff / Getty
    2 days ago

    OpenAI warn they could call the police over your ChatGPT conversations

    It's privacy versus prevention

    News