As someone who has actually done porn, I can confirm this. It optimistically works out to more like 200 an hour (for women), or at least that's how it was about 5 years ago. Obviously rates varied based on how rich the company was, but you couldn't be picky because work was spotty. I once only got paid $200 for an hour of caning which left my butt bruised for two weeks.
The worst part is that it's a lot of work to find constant work unless you have a really good manager or you're famous. Sure, the hours are short, but I found that having stable hours and not having to live shoot pay check to shoot pay check is preferable, even if it's a considerably lower hourly wage.
While Jarin's estimate was a bit high, that's still a fantastically good hourly wage. The average Goldman Sach's employee makes $520k/year. Guesstimating that they have a 60 hour work week and 4 weeks vacation (fairly typical for the big banks), that's about $180/hour.
Right, but they get paid continuously, porn stars only get paid when they have a gig- there is no way they're making as much once you consider the hours spent trying to get work.
If you have enough stamina to have sex 60 hours a week, chances are you already have a midget riding you and caning your butt while you run around in circles chasing a mechanical rabbit.
The worst part is that it's a lot of work to find constant work unless you have a really good manager or you're famous. Sure, the hours are short, but I found that having stable hours and not having to live shoot pay check to shoot pay check is preferable, even if it's a considerably lower hourly wage.
(Much like contract programming work!)