Re:Why Taxpayers Pay McKinsey $3M a Year for a Recent Colleg...
by opencl on Thursday December 05, 2019 @04:58PM
(#21717067)
100 hours a week at federal minimum wage is less than $38k. These people are not making anything remotely close to minimum wage.
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Re:Why Taxpayers Pay McKinsey $3M a Year for a Recent Colleg...
by solveit on Thursday December 05, 2019 @07:23PM
(#21718208)
But federal minimum wage ($7.25) is a lot smaller than, say, the NYC minimum wage ($15), which is more relevant. At the NYC minimum wage, 100-hour work weeks get you about 80k a year, which is about the base pay for an undergraduate new hire at McKinsey.