I used to work for IBM’s CIC (colloquially known as the “cheap labor division”) and starting pay for a junior dev was only 30k/year. If you got assigned to a contract, you were told that you had to work 44 hours/week exempt, regardless of if you had work to do or not, and everyone knew it’s so they could charge the project more without actually paying the devs any extra. Needless to say I got out ASAP and have 0 intention of working for them again, in any capacity.
And they wondered why everyone kept jumping ship right after getting those nice required onboarding certs onto their resumes…