I'd like to add that the statement "If you’re salaried, you’re working for free" is inaccurate in two very important dimensions:
1) Equity stake. The 40 hour workweek was invented for laborers, not owners. Would the author admonish a business owner to only work 8 hours a week? At what level of ownership stake does it become acceptable to work more than 8 hours?
2) Compensation increase through recognition and achievement. Working extra hours may not increase one's immediate paycheck but after many years in this business I feel comfortable saying that consistent hard work generally results in rather substantially increased compensation and opportunity in the long term.
I'd like to add that the statement "If you’re salaried, you’re working for free" is inaccurate in two very important dimensions:
1) Equity stake. The 40 hour workweek was invented for laborers, not owners. Would the author admonish a business owner to only work 8 hours a week? At what level of ownership stake does it become acceptable to work more than 8 hours?
2) Compensation increase through recognition and achievement. Working extra hours may not increase one's immediate paycheck but after many years in this business I feel comfortable saying that consistent hard work generally results in rather substantially increased compensation and opportunity in the long term.