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My first interview out of school was with a company like that and basically they wanted a programmer analyst, not for programming but for tech support (and offering sub-par tech support pay for it).
It was a 2 year contract for 18000$ a year (canadian), and big as day, that clause was there. I took it home and had a lawyer friend of the family look at it. Basically ANYTHING that ever produced any commercial benefits was OWNED completely and totally by the company (even if in an unrelated field...this was a company who developped alarm/monitoring systems).
I asked my interviewer, "so the way this is worded, if I decide to write a novel in my spare time, the company owns it?". His quick response "Yes. That's correct. But we would work with you for 'equitable' compensation, I mean we don't have to, but its fair." They outright refused me crossing out the clause, "Its a legal thing" he said.
Instead of saying no and laughing in their face, I told them I'd take the job, IF they quadrupled the salary because I told them that that clause meant in effect that I was working FOR them 24 hours a day, 365 days a year and if that's what they wanted, they could pay me for it.
Talk about an alarming trend.
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Body and soul
Usual lamer caveat, IANAL
Organized religion: Old farts preying on man's fear of death and dying, making promises that are empiracally unverifiable, encouraging you to believe giving them a lot of money is a good thing, none of which is taxabe.
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You've got to watch it
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