Yeah, I know. Which is why those things tend to be outsourced… to Etrade, Ameritrade, Scottrade, etc. But if you don’t award stock options/equivalent to employees, how can you truly say that they are invested in the success of the company, much less properly compensated?
The point still stands - excessive overtime costs more than just the worker, it means fewer jobs, more stress, lower tax revenues… and a whole lot of peer and employer pressure to work many hours for free. You can require salaried exempt workers to go 24/7 and fire the ones who can’t keep up. Hell, some companies are replacing them with unpaid interns, thumbing their nose at the law in the process. They got an inch and now they’re taking a light year.
I retired at 40, depending on how you define it. I worked in the financial industry and it went right into total suckage as soon as I was graduated out of tech into managing techies and customer service reps… a fracking people job. Now I am back doing the tech side of the family business. I work, but for my wife and me alone. And no more people jobs.
Engineers and, it seems, anyone working on anything even remotely technical in an office. What I found in IT, and I’d be surprised if Engineering’s any different, is that having a workforce distributed across multiple continents means more late meetings which you always had to wait for. And even withing the same office, the possibility of staggering schedules to start as early as 6AM and finish as late as 7PM meant that most conference calls had to happen during lunch. I noticed, when I first started working at the place, that they had kitchens but no dining area in which to have your lunch…there was a clue, wasn’t it.