@London Bankers- Working time Regulation= max 48hrs p/w of work?!

London bankers, I'm due to sign full time FT at a BB. Did your bank make you aware of the UK Working Time Directive Regulations?

''Under The Working Time Regulations 1998 and The Working Time Regulations 2003 you are entitled to work no more than an average of 48 hours per week, over a rolling 17 week reference period.  However, the Regulations permit you to consent to work additional hours.''


--If I opt to not provide consent, I would have to provide timesheets of working time, breaks etc. But does that mean I can only be asked to work 48 hours maximum by the bank? Has anyone else done this? Are there any negatives?

 
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…you’re kidding right? There’s a reason why everyone opts out, you’re going to get no bonus and probably not progress much in your career. Assuming they don’t rescind your offer.

 

Pretty much all my friends (finance & non-finance) including myself were given the 'choice' to opt-out of this regulation. Everyone has chosen that they are happy to work more than 48 hours.

I guess technically you couldn't be let go for not choosing to work 48 hours a week but I'm sure you'll be edged out over time. If you're frequently working over 48 hours, those regulations will become a hassle.

I work at a firm where facetime is irrelevant but I am sure if we hired someone who didn't opt out of only doing 48 hours we would take a dim view of it. 

I think there are very few positives to not opting out and really if you boiled it down and measured every break, I think many people probably don't do more than 48 hours a week. (90 hours in the office will be a lot of sitting around waiting for comments which might be classed as a break if you're being fussy). 

 

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