Asking to Work Remotely More Permanently?

Does anyone plan to ask to work remotely on a more permanent basis following this whole COVID ordeal? Finance as an industry tends to be backwards thinking / old school, but I don't see the need to come into the office any more. I plan on asking to WFH on Mondays and Fridays year-round, and all summer. 


Am I overreaching? Probably, but I'd rather be told no than wonder how much better my life could be. How about you guys, any plans to ask for more remote work?

 
Most Helpful

If you're in banking this won't happen. I work at a bank but in a strategic function. I've already asked to go 100% WFH and have been given the green light to do that.

I don't expect to survive the next management shake-up, if I choose to do that. The reality is we're eventually going to settle back into a normal office posture, and some chump working remotely from the middle of nowhere is going to light up an HR spreadsheet and get flagged for "reduction". I don't see banks as being on the progressive side of this at all. 

 

I agree there’s an element of truth to this, but as a counterpoint, a remote employee is actually a cheaper employee. There’s overhead associated with every person who works in your office building.

 

Sort of. They pay for the space, not for you. It's not like they can just give your seat back to the landlord if you go remote. All it's going to do is drive up vacancy.

 

As someone that helps manage a bank's real estate portfolio, I promise you all of this is such peanuts that nobody even considers it. I would not go in using any of this as an argument for why you should be able to go remote.

 

I don't plan to ask right away because I'm still pretty new but will definitely push for it once I snag a promotion. For a lot of us in research the work doesn't change at all being in office vs. remote so I'd like to think this shouldn't be an issue. My senior works remotely full time so there's literally no one I work with on a regular basis in the office anyway.

 

Non voluptatem error accusantium quod cupiditate. Labore ut soluta fuga dolores. Et corporis voluptas iusto et.

Voluptatum expedita delectus similique voluptas excepturi. Ut maiores fugit est ut.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”