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These people chose a job that offered a career path to become super wealthy. These hours are the price for their shot at massive riches.
by valuearb 6y ago
These people chose a job that offered a career path to become super wealthy. These hours are the price for their shot at massive riches.
- minikites 6y agoSo it should be accounted for directly instead of laundering it through "exempt" status.
- valuearb 6y agoSo you would prefer them to work only 40 hours per week, and pay Goldman Sachs the difference in value they are accruing?
- minikites 6y agoNo, I'm saying that if they work more than 40 hours in a week, they get overtime pay at a higher rate than their usual pay instead of working 90 hours and getting paid for 40. Maybe an extra tax on Goldman's end so they're discouraged from scheduling people in this way.
- valuearb 6y agoThe end result would be to force first year hires to work for free as interns, since their job involves a massive transfer of value from GS to them in terms of future earnings.