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Here's the plan. (New video from LTT)
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I've always viewed off-hours events as a sort of shitty way to show you're a "fun company" (tm). For workers who are already expected to put in well above 40 hours per week in a stressful environment asking them to cut further into their free time for work events really isn't very helpful. It's just one more obligation to the company that you are now being pressured to fulfill
IMHO, there's anything wrong with the occasional one-off optional event, like a bowling night or picnic. That said, I've always felt like events are more of a risk/liability/personality assessment - if my manager doesn't think I'm a fun activity buddy, does that mean I'm screwed?