The owners just want people in the office to have the control factor... 600 hours?? Lol that's insane
You might aswell look for an other job
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When you switch jobs you loose those 600 hours and 400+ vacation hours I have and seniority and all kinds of stuff, so I am staying put. And when you get a new job in USA you get a maximum of ten days of vacation a year, not like when you have seniority and get like 20+ like me...
That's bad, 10 day a year is peanuts... But you could ask for a much better wage beside smart working