Popularized in films like Limitless, legal smart drugs called Nootropics are becoming more and more prevalent in board rooms and on Wall Street.Keep reading »
Following moves by Goldman Sachs and JP Morgan to give junior bankers 36 hours off each weekend and one whole weekend off a month, respectively, Bank of America has announced that its young worker bees should go ahead and think about taking a couple Saturdays or Sundays off every now and again.
Bank of America Corp., the second-largest U.S. lender, said it’s improving working conditions by joining competitors in recommending junior bankers take some weekends off. “While we do not encourage weekend work, effective immediately, we recommend that analysts and associates take a minimum of four weekend days off per month,” Christian Meissner, head of global corporate and investment banking, said in a memo to employees today.
To recap, if you were previously working through the weekend, which BofA never told you to do, please cut that to half of all weekend days moving forward.