When these sorts of companies enact work-life policies, why don’t they seem to stick?Look at the reward structure. You have an OK base salary, but then the bonus is allocated based on how you’re stacking up at the end of the year against your peers. It’s like a tournament. It’s like a race. And all you know is that the people next to you, against whom you will be measured, are … [...] about What Working Too Much Does to Your Body
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How Wall Street Deals with Banker Burnout
A former Citigroup analyst in New York who left investment banking last summer said that in normal times managers would often be busy traveling, or would leave the office at night, which allowed analysts periods to focus on their existing work without being assigned new tasks. Those breaks disappeared during the pandemic.“They were always available and working late,” he said of … [...] about How Wall Street Deals with Banker Burnout