Life Hacks during WFH | How do you avoid burnout?

Hi Monkeys!

There has been a lot of posts about how the WFH situation has impacted juniors and what banks can do to improve their lifestyle.

However, instead of focusing on what banks can do (which even if happens will take long time to be implemented) why do not look at what Analysts/Associates can do to cope with it? 

What are some life hacks that you use to remain sane these days?

 

I do try to reserve some time for myself.

I do not send the file immediately when finished unless super urgent, but i let it bake off for 10-15 mins that i use as break. This way i can have a second look being fresh and spot some errors and then send the file.

Second thing I do, is don't caring at all about the "active" status. I do everything that needs to be done and in the most efficient way I can, and as if I were in the office I would have gone round for a small walk, sometime I just have a 15-20mins walk and then come back. Again, I don't do this if I know tasks are really urgent with deadlines in the next hour, but try to do it whenever possible.

I'm always reachable via phone anyway and even so, if the VP or the associates call me and I'm out for some markups or things I don't mind telling him "can I call you back in 10 mins?". Just speak out, people don't see you but do understand and the world has not gone mad if they had to wait 10mins on a non-urgent task.

 
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I got hit by WFH cabin fever as badly as anyone via the combo of never leaving my apartment, and hours and work volume spiking overnight. My realization several months in was that pre-covid, I was very serendipitous and spontaneous in social activities (i.e. waking up on a Sunday morning and deciding to buy Broadway tickets for the matinee). Since that's no longer really possible between the elimination of most activities and the encroachment of work into all waking hours, I had to become more intentional and structured in separating work and life. Sounds robotic, but I fell so easily into the WFH slump that I had to take regimented action to force myself out of it.

1. Take a deep breath. I'm extremely guilty of being "on" all the time. I always strive for inbox zero, and that can include 20-second response times on emails, pulling even longer hours to finish backlog tasks just to get them off of my queue, and dropping non-work priorities halfway through (think cooking, working out) to answer work questions. The best thing you can do for yourself, and admittedly also the hardest thing, is to develop a mindset that most things can wait 10 minutes. I read this on a different thread years ago, but the phrase stuck with me: you need to develop a healthy respect for yourself and your time. I think a common perception of senior managers is that they're sitting by their computer waiting for your email back, waiting for your pitch deck, waiting for your answer. No doubt, there are sporadic tasks that require such urgency, but usually, as the low man on the totem pole, you have 1-3 things that require immediate attention, and your staffer or VP or MD has at least 25. They aren't going to notice 10 vs 20 minutes of turnaround time.

2. Incorporate physical activity into your routine, and stick to it. Morning stretching routine? 10 minute walk each way to pick up lunch? Late-night Peloton sprint? Find something to incorporate habitually. It becomes part of your daily schedule, and it helps clear the mind.

3. Invest in your home. You'd be surprised at how many people are still holding out on spending personal money on their WFH setups and apartments, 10 months into this situation. Yes, it's annoying, but you need to take the view that you aren't going to miss the marginal $1k, $5k, $10k on home improvements. Now that you spend 18 waking hours per day here, you should make it as comfortable and convenient as possible. There are tons of ways to do this:

  • Food and beverages. Buy any (healthy) snacks you like online and keep them stocked. Get a high-end coffee or espresso maker, or a Sodastream with flavorings. Upgrade your glassware and home bar offerings.
  • Fitness. Anything from bands to dumbbells to a Peloton, as long as it encourages you to work out.
  • Desk setup. Do you have a standing desk yet? What about an ergonomic office chair (Herman Miller and the like)? Large monitors and monitor stands? What about your sound situation? This could be a good chance to invest in quality speakers or headphones.
  • Bedroom / sleep. Are you happy with your mattress? Should you install blackout curtains? Any interest in something like Eight Sleep?
  • General home ambiance. Hang a couple pieces of art. Install those color-changing smart lights. Set up an Alexa or other to integrate with everything. Buy a more comfortable couch. If you have any musical instruments, buy proper stands for them and keep them on display.
  • Comfort purchases. This can be anything that makes you happy and eliminates a little bit of stress. You probably aren't wearing your watches as often as you used to -- purchase a watch gyroscope to keep them set. Do you have time to go to Chelsea Piers on the occasional weekend? Grab a new driver. Get a bespoke blazer or suit for when the world does open back up.

Again, you're going to be spending a good chunk of money here, but you'll be much happier to be working from home when you can turn around and enjoy your own office perks, so to speak. Moreover, these purchases will last you for years, and they'll pay unexpected dividends. What if you decide to start an ecommerce business in a few years and suddenly find yourself working a few extra hours at nights? You'll be happy you have the standing desk and office chair. And anyway, you'll make the money back pretty quickly.

4. Host friends. This by itself has done a ton for me. Have your close friends over on Friday or Saturday nights! It's not like anyone really wants to do outdoor drinks and dinner in January. The beauty of this is twofold: if you've invested in your living setup, people will want to come over, and if any work fire drills come up, you can handle them without ruining your night. I've enjoyed having people over for cocktails (thanks to that home bar investment I made), for example.

You'll notice that most of these don't relate to the work itself. IMO, there isn't a ton you can do about the actual tasks. What you can do is keep your general mood and affect as positive and healthy as possible. In short, I essentially found myself optimizing along two axes: one, making the job as comfortable as possible, and two, deliberately creating room for my mental and physical health.

 

MDs no longer have to travel for meetings and can schedule 30% more over zoom. In addition, everyone is home all of the time, giving seniors more time to work since they don't have vacation or family events they'd normally be offline for.

As a junior this means

- emails start coming in at 7am instead of 9am

- MDs don't send comments until 8pm or later because they don't have any time in between meetings (used to get comments or check ins throughout the day as they're traveling between meetings or waiting for a flight) which makes your night that much later

- your weekend that used to be a half day of work is now a full workday because your MD doesn't have to get to that soccer game in the afternoon

- your only interaction with seniors is very direct, often pissed off emails. They are no longer casually circling up the team to talk through something or having lunch with the juniors. The mentorship aspect is gone

- while you may be home to cook meals you are still expected to be responsive at all times and this can mean dropping your half-cooked meal to hop on the phone - in the office, people can see you're eating and you finish that before starting their project

- no bullpen camaraderie, you are sitting in your home all day with 0 human interaction

Etc

 

Early on in the quarantine my best friend suggested I get a dog and that has been a game changer for me. So I went to one of the local rescues and found me a deer head chihuahua, which is a perfect dog because he will always look like a puppy, even as an adult. If you're looking for a smart dog that's about 15 pounds but will always look like a cute puppy, I highly recommend deer head chihuahuas.

It's nice to have the company, he makes me laugh in between meetings (which blows off stress) and he's been a nice overall addition to my home life. Plus he gives me a good excuse for a 20 min walk around the block 3/day and I promise you that NO ONE will miss you if you log off for that. 

 

This is not a good idea in the context of IB and PE...especially when you're talking about solving a likely temporary issue (WFH, since its very unlikely WFH is permanent in these jobs) with a very, very long term commitment. Don't forget that many IB analysts end up in PE (which the lifestyle is not much better, if not same or worse) and/or MBA - these are both significant changes in an analysts future and each require a lot of commitment themselves.

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