I know two offices in NYC at an employer that I probably shouldn't name. In one, an engineer toils away for 90 hour weeks and earns about $40k per year. In the other, an engineer works fairly typical Manhattan hours (my understanding is that that would be a little south of 50), and makes $120k.
The mistake made by the engineer in the first office? They were asked a fairly consequential question by a HR department three years ago, and said "Yes." instead of "No." Literally. One word.
The specific question was "Are you OK with your employer of record remaining our Japanese branch office?" The right answer would have been to get their employer of record transferred to the American subsidiary, which pays Manhattan wages to Manhattan workers, rather than Nagoya wages with a 25% hardship premium. He gets a gold star for loyalty, though.
That is about as close to a pathological case as I could think of, but in general, "hard work gets rewarded" is not something we repeat because it is accurate.
"Whenever there is a hard job to be done I assign it to a lazy man; he is sure to find an easy way of doing it" Walter Chrysler
I always thought that it was the lazy programmers and engineers who got more done because they always sought out the quickest/easiest ways to complete a task. Ergo it's the lazy ones who are the most productive and therefore valuable?
(Or have I just been beguiled by an old wife's tale?)