After a year of nonstop work from home, Wall Street’s junior investment bankers are burned out. Their bosses are responding with promises of paid time off, perks, and in some cases, special bonuses.
Here’s a breakdown of what firms have done so far.👇 businessinsider.com/wall-street-re…
Here’s a breakdown of what firms have done so far.👇 businessinsider.com/wall-street-re…
.@GoldmanSachs
🔸 A recent survey detailing “inhumane” working conditions went viral.
🔸 CEO David Solomon has since promised to protect junior bankers’ Saturdays off.
🔸 A leaked pitch deck showed analysts were pleading for changes since WFH started.
businessinsider.com/goldman-sachs-…
🔸 A recent survey detailing “inhumane” working conditions went viral.
🔸 CEO David Solomon has since promised to protect junior bankers’ Saturdays off.
🔸 A leaked pitch deck showed analysts were pleading for changes since WFH started.
businessinsider.com/goldman-sachs-…
Apollo:
🔸 A large portion of its associate class left and 7 of the 30 private-equity associates have left their NYC office.
🔸 It’s offering six-figure retention bonuses to some private-equity associates with the stipulation they stay until Sept. 2022.
businessinsider.com/apollo-global-…
🔸 A large portion of its associate class left and 7 of the 30 private-equity associates have left their NYC office.
🔸 It’s offering six-figure retention bonuses to some private-equity associates with the stipulation they stay until Sept. 2022.
businessinsider.com/apollo-global-…
.@CreditSuisse:
🔸 Dispersing $20,000 bonuses to analysts, associates, and vice presidents that could hit accounts as soon as Q2 this year.
🔸 Will also increase salaries for those in global capital-markets + advisory group at director level and below.
businessinsider.com/credit-suisse-…
🔸 Dispersing $20,000 bonuses to analysts, associates, and vice presidents that could hit accounts as soon as Q2 this year.
🔸 Will also increase salaries for those in global capital-markets + advisory group at director level and below.
businessinsider.com/credit-suisse-…
Jefferies:
🔸 Top executives at the investment bank sent an email to their 1,124 analysts and associated worldwide offering them their choice of gift to thank them for the past year.
🔸 The gifts range from Peloton bikes to Apple products.
businessinsider.com/jefferies-offe…
🔸 Top executives at the investment bank sent an email to their 1,124 analysts and associated worldwide offering them their choice of gift to thank them for the past year.
🔸 The gifts range from Peloton bikes to Apple products.
businessinsider.com/jefferies-offe…
Citi:
🔸 The company’s new CEO announced “Zoom Free Fridays” where no meetings will be held on Friday.
🔸 Issued May 28 as a companywide holiday and named it “Citi Reset Day.”
businessinsider.com/citigroup-ceo-…
🔸 The company’s new CEO announced “Zoom Free Fridays” where no meetings will be held on Friday.
🔸 Issued May 28 as a companywide holiday and named it “Citi Reset Day.”
businessinsider.com/citigroup-ceo-…
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