re: Michael Burry: The white collar employment bubble is bursting right before our eyes

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This entitled generation expect to be paid salary, but also get paid for anything over 40 hours. That's not reality. I had a kid we hire state that if he had to work late he wanted to be compensated "fairly". Employment and your salary is your compensation. If you want to work hourly, then you will get paid HOURLY, at a much reduced rate. Someone is feeding kids a line of bullshite, and a lot of it is from the "ok, boomer" crowd. The entitlement and poor work ethic of these children out of college is mind boggling. In order to be entitled, you have to EARN IT.

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the vast majority of people change jobs several times before they are 30. They are building a resume, not a legacy with your firm. You are almost better off paying them hourly instead of a salary if you are wanting to work over 40 hours, at least they have the motivation to do it.

working over 40 as a salaried employee is working for free. frick that.