Associate Holidays (US & London)
I did search for the answer, but couldn't find anything.
How many days holiday does one get in M&A/CorpFin/Capital Markets as a First-Year or Second-Year Associate in a) US and b) London?
Does it get much better as VP and further on? Thanks.
Depending on the bank, about 22-23 days in London. That doesn't mean that you'll be able to take 23 working days off in any calendar year. Banks add an extra day per year for every 3-5 years with the bank up to a max of about 30. The system varies, but, generally, the more time you spend with a bank, the more days off you get ... in theory.
No idea about the US, but of all the questions you should be asking, this really isn't it!
For NY analysts, there aren't any holidays written into the contract. Similarly so for associates, from what I heard. Is this the standard for all BBs or am I being shortchanged?
i'm at a BB and i definitely have 4 week's vacation or 20 days written into my contract...i'm pretty sure two is the street's standard though.
Oh my God I can't believe this. Am I the only one who doesn't have holidays written into his contract?
No Delirium2, you're not.
I have 15 days in my contract
I think I have 9 (?) in mine. Perhaps I'm way off.
25 Days - London....and i'm actually encouraged to take them. It all depends on country laws. My counterparts in the NYC get 10 days and don't really take them.
I also know that in canada you are entitled to 2 weeks only after you finish one whole year.
4 weeks as well in my contract
25 days in London for analysts and associates. You're meant to take a two week block in the summer though. I don't think many people end up using the full allowance, just take a long weekend here and there as well as some time off at Christmas.
Same for me - 25 days - although this is standard in London! I heard in NYC it is 10 - 11...
U.S. MM, 0 days as an analyst
That bad? as oconnor stated above....it is highly encouraged at a lot of banks to take your full holidays! Maybe a move to London would be advised lol!
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