wageslaving

3 ms·

1. 1.▲
   by wageslaving 9y ago

   someone taking this job for $150,000 while working 70 hours a week is helping to depress wages across the entire industry. I don't care how much I love the work, I get paid the value of my labor or I walk. If that means $800,000 year f
2. 2.▲
   by wageslaving 9y ago

   the name of the game is leveraging explosive, unsustainable growth into a high rate of return into cheap capital into a big payday for founders everything else is long-term
3. 3.▲
   by wageslaving 9y ago

   This is my industry. I don't want to companies to start expecting a minimum of 70 hours of work for 40 hours of pay. Until they start adding "one-and-a-half compensation for overtime" to these job, I will always see this as a
4. 4.▲
   by wageslaving 9y ago

   All I can see are the economics of it. If he was paying his engineers $600,000 / yr in compensation for all the overtime they're working, I would have no trouble with the arrangement. However, software engineers rarely get any for
5. 5.▲
   by wageslaving 9y ago

   Personally, I would expect at least time and a half applied to those last 30-40 hours as well. Which would be 85/40 to 100/40.
6. 6.▲
   by wageslaving 9y ago

   The issue with yielding to investors is that investors are primarily interested in making money for themselves, rather than growing the companies they are investing in. An investor will always vote to have large companies take loans in orde