Cutting your salary by 40%
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Cutting your salary by 40%
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Re: Cutting your salary by 40%
#2After a lot of criticism on a Facebook post by Andrew Ng[3] (where you can still find residual evidence of the "work 70-90 hours/week" claim), they modified it to, "many of us routinely work and study 70+ hours a week".
So to be precise, they were initially offering you a 43% to 56% pay cut.
Getting paid for 40 hours when you have worked for 70 hours is a 100 * (1.0 - 40 / 70) ≈ 43% pay cut.
Getting paid for 40 hours when you have worked for 90 hours is a 100 * (1.0 - 40 / 90) ≈ 56% pay cut.
[1]: https://www.deeplearning.ai/machinelearningsoftwareengjobdes...
[2]: https://www.deeplearning.ai/fullstacksoftwareengineerjobdesc...
[3]: https://www.facebook.com/andrew.ng.96/posts/1472272026162033
Re: Cutting your salary by 40%
#3The original job postings[1][2] were even more egregious. They originally said, "many of us routinely work 70-90 hours/week". After a lot of criticism on a Facebook post by Andrew Ng[3] (where you can still find residual evidence of the "work 70-90 hours/week" claim), they modified it to, "many of us routinely work and study 70+ hours a week". So to be precise, they were initially offering you a 43% to 56% pay cut. G…
Re: Cutting your salary by 40%
#4What happens when every company is doing this ritual?
I'm starting to notice a very bad trend. Just like how LA has record numbers of homeless people, it also has a high vacancy rate.
Similarly, despite plenty of "open positions", candidates are being denied left right and center, even as they do their best to signal that they will do anything for the job.
Re: Cutting your salary by 40%
#5Re: Cutting your salary by 40%
#6The original job postings[1][2] were even more egregious. They originally said, "many of us routinely work 70-90 hours/week". After a lot of criticism on a Facebook post by Andrew Ng[3] (where you can still find residual evidence of the "work 70-90 hours/week" claim), they modified it to, "many of us routinely work and study 70+ hours a week". So to be precise, they were initially offering you a 43% to 56% pay cut. G…
Do salaried jobs always specify a number of hours in their contracts? Otherwise you aren't being paid for 40 hours - you're just being paid to get the job done aren't you?
Re: Cutting your salary by 40%
#7Re: Cutting your salary by 40%
#8The original job postings[1][2] were even more egregious. They originally said, "many of us routinely work 70-90 hours/week". After a lot of criticism on a Facebook post by Andrew Ng[3] (where you can still find residual evidence of the "work 70-90 hours/week" claim), they modified it to, "many of us routinely work and study 70+ hours a week". So to be precise, they were initially offering you a 43% to 56% pay cut. G…
> Getting paid for 40 hours Do salaried jobs always specify a number of hours in their contracts? Otherwise you aren't being paid for 40 hours - you're just being paid to get the job done aren't you?
The job advert also states "full-time", which IIRC implies a certain hours a week.
Re: Cutting your salary by 40%
#9Cool post! What happens when every company is doing this ritual? I'm starting to notice a very bad trend. Just like how LA has record numbers of homeless people, it also has a high vacancy rate. Similarly, despite plenty of "open positions", candidates are being denied left right and center, even as they do their best to signal that they will do anything for the job.
Just look at Japan to see what a 12+ hour / day work culture looks like. Their population and their economy are both slowly going down the shitter thanks to it, depression is widespread, etc.
Re: Cutting your salary by 40%
#10The real clincher was that I was let go the day I got back from vacation. The first thing after he said "I gotta let you go" was "You didn't check in at all on your vacation".
That was incredibly disrespectful to me and shows a total lack of empathy for me and my family. I am happy to no longer work for him, although I am in a bit of a financial bind now.