Vacation Days in Asset Management?
I've read a lot of posts about culture and work hours in AM but haven't seen many comments on vacation time. Is it similar to IB where you get 2-3 weeks of "vacation", but you never get to actually use the days? Do you have the ability to go to Europe for a week in June and take a week in the carribean in December?
I know this isn't a technical question, but lets be honest - what's the point in making good money if you don't have time to spend and enjoy it?
Where I work, it is very flexible when you get to use your vacation days and many people have the opportunity to use them all. Plus like 3 personal days per year.
Same. Pretty flexible with taking time off
You want vacation time? Go teach third grade, public school.
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I work for a $750B fund complex in the US and I would say that people are pretty good about using their vacation days. I'm sure it varies by group and office, but our company culture is very pro work/life balance. I came from a F50 where no one used their shitty allotment of 10 vacation days per year because you would be "seen" as a slacker. Fuck that mentality, life is way too short.
If you don't mind sharing, how much vacation time per year on average to people at your firm get?
2 weeks plus 3 personal days. Personal days don't accrue, but I think vacation days do up to a certain point. Granted I just started, so will only get 1 week for this year (which I probably won't use).
I get 15 vacation days per year and have no problem using them whenever, and for however long (i.e. a three week vacation), that I need. The more senior analysts get 4-5 weeks of vacation plus a sabbatical every few years. At least at my firm, it's totally different than IB where you are pressured to take as little vacation as possible.
at my old firm (600B AUM), i get 15 days + 2 personal days. I think I would get 20 days + 2 personal days the next year if I were still there.
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