Would you work for free?

[IndieMatty]

It's a picture of my TV...playing a lumberg scene in Office Space. It's also my picture Avatar on Stars and Absolute. (if I ever go back)

[turnipmonster]

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What they did was GROSSLY overpay these Ivy League cats like 55K starting to LEARN how to do Web design/Coding

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seems like a large % of dotcom casualties were unqualified to begin with.

--turnipmonster

[IndieMatty]

These consulting companies were a bit different, they were booming with real profit, because every company needed a web site/internal programs, train internal staff. They were all fighting for marketShare and employees...I remember I was getting ridiculous offers just because I had client contacts.
99 - 00 was awesome though. I wish I had been a few years older and I could have cashed in then instead of just being an intern/first year employee.

[lu_hawk]

"During my summers I work 80 hours a week and get paid for 40. I have no problem with it because my work saves millions of lives."

What do you do during the summers?

[mmbt0ne]

I hate the airline industry. This request doesn't surprise me at all, nor will the next round of paycuts that airlines ask from their pilots in the coming years as they dish out $2 mil bonuses to all 55 of their executive officers. Maybe some time I'll work up the energy to write out exactly what I think, but I don't feel like it right now.

[Oski]

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Interesting question. You need to ask yourself why the government subsidizes "necessary" industries to keep them afloat.

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You raise another good question.

Then you need to realize subsidizing a necessary industry is different then subsidizing an individual failing business.

FYI: My opinion isn't formed yet. Just thinking out loud....

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You don't need to ask that question when that individual failing business is within the subsidized industry. (In which, I might add, most [if not all] of the individual businesses are in precarious condition.)

[Oski]

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Then you need to realize subsidizing a necessary industry is different then subsidizing an individual failing business.

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If it's necessary why does it need subsidies?

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Because its regulated and is prohibited from working on a pure-market model.

[TimM]

Did this happen before or after the fact? There is a big difference in saying "you aren't going to get paid for next month" vs. "you aren't going to get paid for last month".

[Oski]

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Almost all salaried professionals that I know of have a bonus program

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Really? Many bonus programs are given across the board as a % of salary to both exempt and non-exempt employees. Middle to upper management bonuses are often based on merit, but there are many exempt positions that are not in that level of management.

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I don't know any attorneys (I don't know many other types of professionals, so let's keep my point of view to that) that operate on an "across the board" bonus structure. All non-equity partners get a bonus based on their billable hours.

[elwoodblues]

Agreed --- huge difference.