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So it should be accounted for directly instead of laundering it through "exempt" status.

• valuearb 6y ago
  So you would prefer them to work only 40 hours per week, and pay Goldman Sachs the difference in value they are accruing?
  • minikites 6y ago
    No, 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 ago
      The 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.