Monday, December 08, 2008

The Buck Stops Here

One of those things that has mystified me: how can executives of major corporations agree to work for $1 a year? If I try to pay an employee less than minimum wage, I'm in violation of all sorts of labor laws, regardless of the employee's willingness to work for the negotiated wage. But apparently if the employee agreed to work for me for $1 a year, there'd be no problem at all, right?

Seriously, I'm not sure how this works... why is it okay for some people to work for far less than minimum wage when it's illegal for most everyone else to do the very same thing if they so desired?

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