Right to disconnect - Australia

Anyone’s firm talked about this new rule announced on Monday? Have a feeling it won’t apply to most professionals as the contracts usually include a reasonable amount of overtime required.

2 Comments
 

Based on the highest ranked content on WSO, there isn't specific information about the "right to disconnect" rule in Australia. However, there are discussions about similar issues in the investment banking and consulting sectors, particularly regarding work-life balance and the enforcement of protected time off.

Key Points from the Knowledge Base:

  • Baird Analysts' Workload: Analysts at Baird have been working through protected long weekends, such as Labor Day, despite policies meant to protect this time. This has led to frustration and low morale among employees.
  • Baird's Initiatives in 2021: Baird leadership has implemented several measures to address workload and compensation, including:
    • Mandatory long weekends (Easter, Memorial Day, end of summer)
    • One-time retention bonuses for analysts, associates, and VPs
    • Mandatory five days of vacation every six months
    • Weekly checks to ensure no work is done on Saturdays without approval
  • General Work Culture: There is a recurring theme of intense work hours and the challenge of maintaining work-life balance in high-demand sectors like investment banking and consulting. For example, at Strategy&, late nights and lack of protected weekends are common.

Insights:

  • Enforcement Issues: Even when firms implement policies to protect employees' time off, these are often not strictly enforced, leading to continued overwork.
  • Compensation and Retention: Firms are trying to address these issues through financial incentives and hiring more staff to distribute the workload.

If you need more specific information about the "right to disconnect" rule in Australia, it might be helpful to look at local labor laws or company-specific policies.

Sources: Baird in 2021 - Hours & Comp?, , Q&A: I Work at Strategy&. Consulting, More negative press on Apollo, Just heard from hr friend my bb's diversity hiring programs already being axxed

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Cupiditate consequatur sed fugiat doloribus odio iusto ipsa aut. Doloribus nisi tenetur minus voluptatibus. Nam et fugit culpa sit incidunt et. Ut corrupti nulla nostrum ex. Sequi temporibus at eum numquam et voluptatem et. Magnam sequi voluptatem delectus rem illo. Aliquid et et et dolore rem quisquam asperiores.

Debitis expedita est voluptas. Temporibus et non corrupti commodi dolor. Dolorem id ratione non omnis nihil eligendi quasi. Qui quia doloremque qui sequi. Ut suscipit et libero. Nostrum consequatur qui et doloremque corrupti. Facilis non hic quae rem in laudantium neque.

Quis harum error dolor officiis illum ducimus omnis. Sed dolorem exercitationem illum vel laudantium placeat. Ipsam deserunt numquam corporis voluptatem. Pariatur magni debitis et voluptas distinctio ut distinctio.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”