PTO / Holiday in London

Recently moved from Big 4 to an IB and wanted to get views on taking the 24-25 days PTO (strictly in UK / Europe given the cultural difference). Heard from a few peers its encouraged at their shops but wanted to get a broader sense on whether its looked down upon or general comments? How much impact does it have on bonuses / feedback (if any)? Assume you are not 100% logged off during PTO days, so still available on email, laptop on hand if needed.

Thinking a week in Easter, 2 weeks spaced out in Summer (June to August), a week in Christmas, and rest for 2 long weekends / emergencies. Personally think if the difference in reward isn’t significantly meaningful then not taking PTO is just money left on the table.

4 Comments
 

just don't take anything more than 10 days in one go. and make sure you're holidaying in conventioanlly less busy deal flow periods, i.e., July/august and depending on your team. make sure you get your holidays booked in at least with 4-5 weeks notice. 

most banks will force you to take all 25 days and there isnt much room for carry over for the next year/or pay, in your contract.

 

Porro ut consequuntur voluptatibus eveniet facere vel omnis. Tempore officia est et. Quia aut dignissimos quia facilis.

Voluptas tempore aut harum ut eaque aut. Odio a accusamus iste. Et illo aut molestiae quam consequatur. Sint tempora aut quia dolor labore.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
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...”