Last month there was a thread by one of our very own in which he expressed his concern regarding the misconceptions the WSO community has about "good" and "bad" salaries, ultimately claiming that reading this site has ruined his concept of what it means to earn good money (and in some ways, of what it means to be successful).
You can check out the thread here if you haven't already seen it or need a refresher
But has WSO also given you an overinflated idea of what "normal" working hours are?
The other day I talked on the phone to a friend of mine who has been struggling to find a job in her field of choice since graduating summa cum laude from a top program. This field is extremely specialized and there simply aren't many career-track positions, so it has, quite understandably, been a long process for her.
In the past month or two, she received an internship that is basically exactly what she wants to do, and being the diligent investment banker in training that I am, I immediately exclaimed "alright then, this is your chance to break in, you've done it etc etc etc", thinking that this was THE opportunity for her.
During our most recent conversation, however, I learned that she actually quit her internship because the workload was too heavy. She was working from about 8am to 8pm Monday through Friday, and explained that she had absolutely no free time and it was driving her insane. Granted, she was being paid a weekly "salary" that was adjusted to 40 hours, which I find to be rather questionable (but unfortunately, it seems that most internships these days are questionable to begin with...). But hey, I did the same thing, unpaid.
But, come on, 60 hours a week and it's too much? That's chump change. Weekends off? Must be nice.
If there is one trend that I've realized is true among successful people that I've met throughout my life, it's that people work WAY more than 40 hours, regardless of what industry they are in. People who want to be leaders in their field, who want to make money, who want stability in their lives work a lot -- in a lot of cases because they enjoy their jobs, and in a lot of cases because they have to.
Perhaps investment banking hours are truly the worst, but I don't think it's uncommon to work 50-60 hours in most other industries, especially at the entry-level.
What do you guys think? Has WSO ruined your concept of what a normal work week should be?
Thanks for reading.
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