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Go down, Moses,
Way down in Egypt’s land.
Tell old Pharaoh
To let my people go!

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I’m going to scream if I hear from one more person that they’re working for free to gain experience or they hope for a big payoff down the line.

When did this happen? Why did we decide as a nation that it was okay for workers to submit to slavery?

*It could be the proliferation of so-called career experts who shoot their mouths off without thinking. Many have recommended that not just college kids, but individuals in the prime of their working lives offer their services for free as a way to get a job. (It’s illegal in this country to volunteer your services to a private employer folks.)

*Maybe it’s the desperation in the air. The unemployment rate is nearing 10 percent and there are a growing number of discouraged workers who can’t find jobs.

*Or maybe there just isn’t enough money to go around for the average working stiff.

Did you see the headlines today about Kenneth Lewis, the outgoing CEO of Bank of America?

The government is making him return $1 million of his pay before he heads out the door. But don’t cry for him yet. His parting gift from the bank is nearly $70 million.

The government’s pay Czar Kenneth Feinberg made the decision to have Lewis cough up the million because the package he was leaving with “was large enough, and possibly too big,” according to the Wall Street Journal.

Ya think?

When I hear about big payouts like this at a time when I keep hearing from readers and friends that they’re volunteering their time to for-profit entities, I can’t help but think something twisted has happened to our economy. No where in the books I’ve read about capitalism does it say, “and workers will work for free.”

Clearly, a worker can’t buy junk and spur the nation’s GDP if they’re not getting paid. It’s a simple formula — pay workers and they will shop.

We hear constantly from so-called compensation experts that you need to pay top executives at companies the big bucks or they won’t take the gigs.

CEOs won’t work for free. But for some reason you’ll work for free for them.

Come on. You know who you are. You worked on those days you were supposed to be furloughed. You’re working for that start up because they say they’re not making money right now, but you want to put the experience on your resume. Or maybe some of you are waiting for something like the dotcom payouts. I have to say, at least many of those people got minimal salaries and shares in the firm.

There are companies actually connecting the unemployed with companies that say they have no money to pay them. This from a Reuters article titled “Crisis spurs people to work for free - good or bad?”:

Jobnob.com, a website that tracks salaries, held its first so-called “happy hour” — to link unemployed people with mostly start-up businesses that have work but are unable to pay.

“The job seekers have time,” said Julie Greenberg, co-founder of Jobnob.com. “It’s really dangerous for them because once you are unemployed for a few months, there’s this proverbial white space on your resume that’s growing.”

Happy hour? Maybe for the company getting free labor.

If you’re working for free it’s unlikely an employer is suddenly going to think you’re worth a lot and pay you what you’re worth. And you’re not helping your fellow job seekers and job holders out there by volunteering for gigs that should be paying jobs.

You all have to start thinking you’re worth a lot, just like CEOs do. And they’re getting paid for not doing their jobs.

Under Lewis’ direction Bank of America took government bailout money, lost $1 billion in the third quarter, and has plans in place to cut up to 35,000 jobs.

Come to think of it, maybe a volunteer CEO would have done better.

Here’s Louis Armstrong doing his job:

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