Back in January, Bank of America did something radical. Something so wild that it had to be seen to believed. It told junior bankers to only work two full weekends a month. Now that enough time has passed for that to sink in, management is back with another drastic move affecting company youth.

According to someone familiar with the matter, the bank has decreed that summer interns shall not work more than 60 hours per week, essentially making them quarter-time employees.

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

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Comments (9)

  1. Posted by Guest | June 5, 2014 at 4:46 PM

    Is this for real or is it another data error, this time coming from HR.

  2. Posted by guest | June 5, 2014 at 4:51 PM

    T but F.

    -bri moy

  3. Posted by guest | June 5, 2014 at 4:53 PM

    so they have finally come to admit they are a retail bank.

  4. Posted by Guest | June 5, 2014 at 6:48 PM

    Heck, work 10 hours a week! We're all about balance and having fun at BOA. Just make sure you have those comp and cash flow model(s) that would normally take me 90 hours to update done by Friday, also those pitch books aren't going to update and print themselves you know.

    -Your muffin top slightly balding MD.

  5. Posted by Guest | June 6, 2014 at 11:25 AM

    Guy who used to be down the hall from me would come in at 3am on Mondays to increase the time he could spend with his kid on Sunday.

  6. Posted by AI | June 6, 2014 at 3:59 PM

    "Bankers' hours" has come full circle. Well played, Brian.

  7. Posted by Guest | June 6, 2014 at 8:41 PM

    *Working hours now defined as M-F 6pm to 2 am and Sa-Sun 10 am to 8pm.
    **Non-working hours will be reclassifed as "Hours you're expected to be in the office, killing time for your fucking MD to get around to looking at your 'urgent' edits you turned last night" and will be M-F 9 am to 6pm.

  8. Posted by Be our Guest | June 9, 2014 at 7:37 AM

    Oh yeah, and working 60/week will not really give us an accurate picture with regard to your individual capabilities and how you might fit into the cultural soup known as "BAML". Good luck to you and thanks for coming in.

  9. Posted by Guest | June 14, 2014 at 11:30 PM

    William fucking Egan can suck my balls