On my blog, I had recently written about the market for minus attendance, with the attendance in question being the attendance for company PPTs. I had written about the pricing of PPTs and how some juniors tried to undercut each other in order to make some quick money.
The last couple of days have seen some interesting structured products and barters coming into this market. For example, I have been able to buy a couple of -PPTs by paying madman aadisht in terms of blogposts. I write stupid posts like this one and get him to go for PPTs instead of me! Then, liquor has also entered the market. A friend of mine got a junior to go for him by paying him two swigs of some expensive beer. There is this other junior who takes payments only by way of cigarettes!
I had also mentioned in that blogpost that there doesn’t seem to be a concept of variable compensation here, compensation varying with the length of the PPT. Two of my friends struck one such contract a few hours ago. Rs. 200 (note the substantial increase) for the first 1 1/2 hours and Rs. 50 for every additional half hour! Unfortunately for the guy who bought the -PPT, the talk ended in half an hour!