BofA Recommends Junior Employees Stop Doing That Thing It Never Condoned In The First Place

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.

BofA Says Junior Bankers Should Take Some Weekends Off [Bloomberg]

Related: Goldman Sachs Spells Out New “Saturday Rule” For Junior Employees; Christmas Come Early For JP Morgan Junior Employees

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11 Responses to “BofA Recommends Junior Employees Stop Doing That Thing It Never Condoned In The First Place”

  1. Guest says:

    glad to see the shazar-like speed they institute this considering what happened to their intern in London.

  2. Sam says:

    Exhibit 98645 of Herd mentality on Wall St.

  3. B. D. says:

    Please do not come in for 4 week end days a month. As opposed to the weekends you previously would come in and just sit here because, as we are BofA, we have no deals or work for you.

    Moyni Moyns

  4. BoA Sales Tr Quant says:

    But we were running met labs in the conference rooms during the weekends….

  5. marga says:

    Life isn't about waiting for the storm to pass…'s about learning to Dance in the Rain!

  6. Guest says:

    "I don't want you to work too much on this. You should relax this weekend. Just show me a draft Sunday night."

    -Every MD ever

  7. Ashley says:

    I think that is a good decision -I hope they will use their freetime to spent more time with their families and release the stress from the week.

  8. Guest says:

    The firm doesn't encourage analyst to have families…or a life..

    The firm