[danieltillett]

I wish that was true, but in some organisations working hard (or at least appearing to work hard) seems to be all that matters.

The further you are from the owner of the business the more likely you are to be rewarded for non-productive proxies.

[WalterBright]

This tends to be true, and is the core reason why, in free markets, companies do not grow indefinitely, but tend to become encrustified and fail.