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Antiwork

Capping bankers’ hours

I like how one of the banks is capping hours at 80 per week. Wow. Effectively saying that they want to be sure bankers don’t do anymore than double the common load. And here’s the delicious part, there are allowable exceptions to this cap like if there is an active deal. But there are almost always active deals. So, it’s window dressing and not very good window dressing at that. https://www.wsj.com/finance/banking/bank-america-jpmorgan-overtime-work-hours-f9f204a7


I like how one of the banks is capping hours at 80 per week. Wow. Effectively saying that they want to be sure bankers don’t do anymore than double the common load. And here’s the delicious part, there are allowable exceptions to this cap like if there is an active deal. But there are almost always active deals. So, it’s window dressing and not very good window dressing at that.

https://www.wsj.com/finance/banking/bank-america-jpmorgan-overtime-work-hours-f9f204a7

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