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15 important things you need to know about American executives

necktie1.gifEver wonder what’s on the mind of your annoying boss? A survey by TheLadders.com, world’s largest online service catering exclusively to the $100k+ job market, reveals the how American executives feel about money, love, office politics and their prospects for getting ahead.

In summary, they say cash is king; secret crushes are commonplace; holiday parties can cause commotion; and Spanish skills are special. Here are the 15 things you must know about them:

  1. When it comes to MBA, 57% of executives said the advanced degree is nice, but not necessary in the real world.
  2. 61% of executives said it was Spanish, followed by 16% who chose Chinese.
  3. On stock options, 32.5% said stock options are an integral component to a pay package; 24.9% would prefer more cash; and 20.5% said options are “gravy” but not a big motivator.
  4. 70% of executives said the prospect of an overseas assignment would be an exciting opportunity.
  5. 75% of executives surveyed said physical fitness is critical for career success at the executive level.
  6. On office romance, 68% of executives said they’ve harbored secret crushes on their co-workers; 17% confess to having inter-office affairs. (how many are lying? Hehe)
  7. On power dressing, 79.1% of executives said they prefer to wear either business casual or outright casual attire for work and another 62% said that business casual is now standard office dress code.
  8. On family, 62% of men in the country’s top income bracket said they would put their careers on hold to become stay-at-home dads. (really???)
  9. Work or vacation? 79% of executives planned to take a vacation in 2007 and few of them planned to stay connected to the office. 51% said they’d check in once or twice and 34.5% said they wouldn’t check once.
  10. On glass ceiling, 72% of executives said men get paid more than women for the same work, and 66.3% said women do not have as many opportunities as men to become company CEOs.
  11. On age discrimination, 69% of executives said they’ve fallen victim to age discrimination, yet 51% said they plan to continue working after “retirement.”
  12. On job loyalty, 52% of executives in the $100k+ job market said they actively search new job listings at work.
  13. On religion in office, it depends on where you live: 44% of executives from “Red States” said religion does belong in the workplace, while just 24% of their “Blue State” counterparts agreed.
  14. 89.2% of executives said it is a company’s duty to be socially responsible, and 87.3% said they would not work for a company that had a reputation for negative social responsibility.
  15. On biggest holiday mistake, drinking too much alcohol is the number one mistake, according to 79% of executives; flirting with co-workers ranks second with 53% of the vote; followed by dirty dancing (42%) and inappropriate outfits (41%).

photo via GentlemanJoe

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  4. The 50 Most Important People on the Web
  5. Bad language is most punishable workplace offense– TheLadders.com

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