elawler24
It’s not simply more hours in, more money out. It’s the desire to work hard that matters.

This is the difference between junior investment bankers and engineers. Both have to work hard at the beginning of their careers to justify being paid for their work for all future years. Investment bankers are paid to be available to make decks, crunch numbers, etc at all hours of the day. I’m curious how many of those hours are spent doing something of value vs just being available to the partner. In comparison, a software engineers time is not valued for simply being available, but rather in creating something useful. Both are motivated to work many hours, but one is intrinsic and the other is extrinsic.

al_borland
It also matters how productive a person is during those hours. I had a boss tell me that he’d give someone a project/task and after 3 weeks they still had nothing to show, but if he gave it to me he’d have it back in a couple hours. When it comes time for promotions and raises, will it go to the person producing results or the one who isn’t?

People have drastically different rates of output. Longer hours is one factor, since we can assume people aren’t working late just to slack off, but there are people who need to work long hours just to keep up with some more productive co-workers who still head out the door at 5.

underseacables
About 20% of the variance in lifetime earnings can be explained by differences in hours worked…

Perhaps in a vacuum… It is far, far more important to be well liked than to do a good job these days. Hopefully a person can be both well liked and do good work, but the social aspect of any "work" environment is more important.