It encourages carpooling. Increases job satisfaction because if you have a bad job you don't care. It eliminates vacations because people would rather come to work. It makes fellow employees look better. It makes the cafeteria food taste better.
Bosses are more likely to hand out raises when they are wasted.
Salary negotiations are a lot more profitable. Suddenly, farting during a meeting isn't so embarrassing. No one will remember your strip act at the Christmas Party. I few weeks ago a subscriber wrote me and complained about Things to do at Walmart in my newsletter. So I might as well include them here.