If junior bankers are constantly working long hour, sometimes needing to pull all nighters +, why don't they invest in areas or equipment that would allow juniors to catch a quick 30 min break that would exponentially increase their productivity for however long after they will work? If this is already a thing at some places, would love to hear about it.
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It’s cause that implies the bank encourages that lifestyle, which would look awful from a PR perspective.
I agree with you though, would be great if they did. I was literally at the office all night Sunday night and a nap on a sleeping pod would’ve been amazing
CS (rip) 11 madison ave has one
My bank has a nap room in our office. Have to admit it is a total game changer being able to pop in lock the door and snooze for 45 mins during a rough week
Highly reccommend other banks get on board
Go home after dinner and pop in and out of your own bed as needed.
I’d honestly go a step further, and suggest that banks with large offices create a few hotel rooms for employees (IB analysts during some deal closings, ER associates
during earnings, etc…) that they can rent at an affordable rate, given MD permission.
Bro, putting BEDS in the building… If my MD approved, there would’ve been a lot of “interncest.”
That’s an excellent point I did not consider. I’m not quite as…imaginative…as I should be😂😂
We have a few hotel-tier rooms in our offices, actually, to be used by clients, for the brass during their (rare) all-nighters, and for the same people if they know they'll get absolutely unholy shitfaced and don't want to drive home (if they live in NJ, for instance).
I was on an all nighter as an analyst and decided to sleep on my MDs office couch. It was the one morning he came in early and when I woke up at 830, he had been there for an hour. He was cool with it and “decided not to wake me up” but that was weird af. The MD was a total jerk but I think he saw that as commitment to the job
Based and "we're all in the trenches together"-pilled
don't get confused, he was cool because he scrubbed his dick over your face while sleeping
there's no free meal my friend
Girl dinner?
I also note a couple months *after* I had my nap, two analysts had sex on the same MDs couch.
I don’t keep a couch in my office
Well that's just inviting them to use the desk
If they can pull it off on the standing desk, more power to them I suppose
i nailed my then lawyer girlfriend on her partners swivel chair
Everyone’s got to do it once and get it out of their systen
Did they get found out?
Most people have home office setups now and just go home to work after a certain hour. If you're pulling all nighters in the office these days you're kinda retarded.
Underrated comment but half-agree. This should have been the case pre-COVID globally but implementing this now is redundant / is a bad look for the culture
The half-disagree comes from the fact that I have wished many a time for a nice sleep pod to take a well needed mid-day nap, and ended up dozing off for 15-20 mins in a locked private bathroom instead
Depends on what you're pulling an all-nighter for. If it's anything remotely collaborative, I still prefer to be in the office. All those bright overhead lights and the lack of a bed also make it easier to push through
because it would require a ratio of 10 sleeping podsareas vs. 1 desk area. 10 analysts planning their nap hour in a rotational mode so as to always have 8 sleeping and 2 on the desk. very abusive imo, so no rest allowed.
How bout they just give us less work tho
*insert meme of guy getting pushed out of board room window*
Hey I actually bring in an air mattress to the office just in case I have to pull an all nighter.
I strategically tuck it under my desk so it’s not easily visible and the MDs don’t think I sleep instead of working.
Once in a while they see it when they come over to my desk and thank me for helping them win the pitch because of my near perfect WACC calculation.
I know in their day it was customary to sleep under the desk without a mattress so it feels kinda soft to bring one in. But the comfort is still worth the odd occasional glance.
if you're not in NYC and drive a car to work, park it somewhere out of sight and take your naps in the backseat
This is a classic lunchtime move in the military
When I did graveyard shifts in NYC we had showers at the office, a gym and sleeping rooms. They didn't have real beds or anything, but sleeping sofas. The were fairly comfortable. We were also given secure lockers so we could keep a change of clothes and shoes in there.
Damn imagine having to do these things just for your job. So glad I’m leaving banking won’t miss it at all!
It only takes one asshole rubbing one out in the nap room to ruin it for everyone else. Imagine running a black light over those beds.
I would definitely be that asshole
I heard Jefferies SF office has bunk beds…literally
I went to medical school before IB and some hospital placements we were given onsite accomodation and it literally makes an insane amount of difference for productivity. Like the removal of stress from having to think about getting up and catching the train on time as well as putting in the effort to leave etc just adds on stress to already stressful day. Whereas being able to wake up 15 minutes before starting work and not having to trek home everyday is a God send
Cuz you won't even have time to sleep at all
Didn’t Elon Musk get in trouble for adding beds because of a zoning policy? Might have been specific to SF but I’d imagine a live in office has some legal implications.
If offices go that direction we should go full Kowloon City and have our apartments in the same block of buildings as our offices along with some restaurants and shops. I guess Hudson Yards is a bit like that.
I thought everyone had a personal 'sleeping pod?' Isn't that just a fancy name for the area under your desk?
Janitorial cost is too high. When people are sleeping they’ve got saliva dripping, hair, sweat, body odor … all remain on that pod sheet. Girls may have bigger problems, blood. The pod would become unbearably insanitary after 4-5 people slept on it, meaning the sheets need changing every 2 hours. They need to set up a laundry house and hundreds of spare sheets … and it will increasingly look like a refugee camp.
Honestly I’ve been wondering this for a while, like why wouldn’t banks have subsidized living facilities either conjoined to the office or nearby with working stations within as a way of enticing young talent, incubating relations /ideas, fostering more of a work community. I can see why it hasn’t happened it’s kind of dystopian and far fetched but it just kind of makes sense and international folks or those from outside the region, would probably appreciate it. Idk, just spit ballin here. Maybe that’s how some of this empty commercial real estate gets soaked up as this progresses
Investment banks get shit on enough for their perceived (and actual) abuse of junior employees… adding nap pods or beds would stoke the flames one hundred fold. Imagine the memes.
Not to mention - if one bank did this, no one recruiting for IB would go to the bank that appears to treat their employees like prisoners.
It’s a good idea in theory though, would definitely work in an industry with a better WLB reputation
What’s worth more - increased productivity or good public image?
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