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The issue of the intense working conditions of junior investment bankers has again come to the fore following the circulation on March 17th of a Twitter slide deck on social media, which was formatted in the style of a Goldman Sachs presentation. The slide deck, put together by a group of first-year analysts at Goldman Sachs, detailed the stresses encountered by young investment bankers. Of the 13 analysts surveyed, an average workweek of 95 hours was reported, with 5 hours sleep, nightly beginning at 3 am. The analysts reported that the long working days were harming their physical and mental health.Â
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They ranked their satisfaction with both the job and the firm at an average of 2 on a scale of 1 -10, and a majority of those surveyed reported being blamed without justification.
The slide deck had previously been presented to Goldman Sachs management in February. In response, a statement was released in which they said, “We recognise that our people are very busy, business is strong, and volumes are at a historical level.†They further stated, “A year into Covid, people are understandably quite stretched, and that’s why we are listening to their concerns and taking multiple steps to address them.â€
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How We Can Help ?
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Our dedicated team has collective experience of over 100 years in work related claims and we are ready to advise and assist you. If you have experienced a similar situation in the workplace and you have questions about it, please fill-out this ‘Case Evaluation Form’ and one of our experience Solicitor at Coleman Legal will contact you.
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KEITH ROLLS
Senior Solicitor
(Coleman Legal-South)
 [email protected]
01-5313800
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Ciara Redmond
Senior Solicitor
(Professional Negligence)
 [email protected]
01-5313800
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Location
84 Talbot Street, Dublin 1
D01 YX60
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Free Phone: (1800) 844 104
Email: [email protected]
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