> Those investment bankers must be bad at math - for overtime-exempt employees, each extra hour worked past 40 reduces your hourly pay rate by 2.5%. It's not a

> Those investment bankers must be bad at math - for overtime-exempt employees, each extra hour worked past 40 reduces your hourly pay rate by 2.5%. It's not about the OT pay working at an IB; it's about the bonus -- which is often a multiplier of your base salary.