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I guess this is geared towards the more junior folks as senior folks could be getting higher wages at 40-50hrs per week.
Work the same amount I do now for double the money? Where can I sign up at lol
This is like asking if you’d rather choose to keep working in ib now as an analyst and get paid the same to work half the hours, or continue to work the same amount but make double your current pay, such as by becoming an associates
This is also like asking an associate if you’d rather choose to keep working in IB and make good money or go to corpdev and make half the pay
Bingo
In France you may work that amount on some weeks but the pay is less at the analyst level. I saw another poll similar to this one comparing us corporate jobs to ib/m&a. Interesting to see how there are different results if more specifications are included in the question, where 69% selected the ib job instead of corporate
https://www.wallstreetoasis.com/forum/investment-banking/would-you-rath…
Private jet isn’t gonna buy itself, up that grindset bro.
😂😂😂
I bet a portion of the people who marked 80hrs have never in fact worked 80hrs and just want the money without knowing the WLB sacrifices, and some people who marked 40hr weeks are currently working 80hrs and hate it and want to get out of it.
I’m not trying to be Steve Cohen but I would like to be able to save way more than I spend, not worry about living, have kids and vacation.
The way I see it in NYC area:
40 hours of 250k+ mid 20s fine
40 hours 30s+ 400-1m+ and then I really will lose incentive.
Let’s hope inflation doesn’t go crazy in the next 10-15 years lol.
40 at $150k so long as those are a relatively predictable 40 hrs and I am not living in NYC
If you remove the long term career prospects associated with roles that are 80+ hours a week, and the question is which of these two options you would want for the next 40 years with no change, I can't see how anyone would choose the 80.
Tell that to every doctor lol
People choose to work that many hours in finance so they can have a higher paying job later on with fewer hours than what they worked as an analyst
Guess its muted for doctors compared to finance, but my understanding is they still have a less hours for higher pay trajectory over time
The vote is nearly even, which seems surprising to me. I would have thought 80 hours at $300k would get a lot more votes.
Many analysts out there probably want to get paid the same but work 9-5 instead of whatever they currently do lol
320 hours/week @ 1.2 mil/annum
168hrs max / week
I have transcended time
Lol looks a lot like the poll in the other forum but with very different results
Yea it depends what you’re doing. 150k driving a truck or 150k being an analyst? Different kinds of jobs
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