I discuss melatonin's effects on sleep & its safety; I segue into the general benefits of sleep and the severely disrupted sleep of the modern Western world, the cost of melatonin use and the benefit (eg. enforcing regular bedtimes), followed by a basic cost-benefit analysis of melatonin concluding that the net profit is large enough to be worth giving it a try barring unusual conditions or very pessimistic safety estimates.
Full essay: http://www.gwern.net/Melatonin
I imagine many people here will not be in the kind of job where you are actually paid by the hour and can easily adjust your income by adjusting the number of hours you work. I certainly haven't been in a job like that since graduating from university.
Even so, it seems unlikely that people will consistently be hired to work less than the ideal amount.
The amount of time you spend working tends to be about the same regardless of your job. It's not inherent in the job. It's the jobs being geared towards how much people will work.