Re: Wait... What?
Usually it's compensated for by more holidays, higher salary. However I have known a few places where they've taken the piss and the working hours become more like shift work with no compensation and a "salary" lower than some hourly rated jobs I've done. Strangely enough that business no longer exists.
It's also a kicker when you get told "no one gets a bonus as you're just doing your jobs" and then you're both expected to do silly hours, sometimes 7 days a week and find out that actually the senior managers also get tens of thousands in bonuses. Where I am now is much better. Time off in lieu and above inflation pay rises. But then they've earned the extra hours I put in and when I do put in silly hours I get to determine when I clock off. Hard to tell which is my favourite company to work for, but it has to be a close thing between this one and my first IT role.