Re:Young Goldman Sachs bankers ask for 80-hour week cap
by incrudible on Saturday March 20, 2021 @06:40PM
(#26526597)
There's nothing inherently profitable about abuse. Making your workers miserable generally makes them less productive.
The thing with banks is that they aren't productive in the first place. They're scalping off whatever they can get, with fierce competition. If you're fresh out of college and get hired into these places, you can't just walk away without risking your whole career. It's a monopsony. That's what
enables abuse, human nature takes care of the rest.
The thing with banks is that they aren't productive in the first place. They're scalping off whatever they can get, with fierce competition. If you're fresh out of college and get hired into these places, you can't just walk away without risking your whole career. It's a monopsony. That's what enables abuse, human nature takes care of the rest.