How many weeks of paid vacation do you get a year? How plugged in to work are you expected to be during your vacation?
Curious how many weeks of vacation you guys get per year. I get 3 weeks which is decent but know people who get 4 weeks (in AM) and 6 weeks in tech (sheesh, this is where I regret joining a dying industry)
I wonder if there are any jobs (ideally in the investment world) that offer 6 weeks which IMO feels like the perfect amount (2 weeks in winter / 2 in spring / 2 in late summer) to really relax / unwind / travel / etc
How plugged in are you expected to be? At my firm more senior people (analysts and above) are usually always somewhat plugged in despite being on vacation. This honestly bothers me because if I'm on vacation, unless a name is blowing up, there shouldn't be any reason to be working at all IMO. Maybe checking your phone once a day for urgent comms and that's it would be the ideal. What is your situation like?
3 weeks but i can't take more than 10 business days consecutively which is pretty damn stupid. At least I have 10 days though, right?
I have no respobsibilities other than transfering my duties to my coworkers while I'm gone. It's outside of my pay grade B-)
Yeah that's an annoying constraint. At the junior level unofficially you can only take off 10 consecutive biz days during winter (Xmas / New Years time), otherwise more than ~7 days is frowned upon where I work
When I was in Scottland some dudes from Brazil flew in on a morning with the plan to spend 3 days flying out on the 3rd. I guess it depends on what you want to do with your time and your budget. Just bringing it up because I assume you want to travel and not take a 10+ staycation.
I used to have 3 week vaca 1 week personal. I switched banks a couple years back and they put me at 2 weeks vaca 1 week personal. That increases to 3 weeks in a year or so I believe. 1 week personal is the max I believe
At either shop, I'm likely not taking it all. Some folks may, but they were usually more senior and had been in their roles for a long time. Some of the senior folks get 4 weeks or sometimes more. I believe my old MD had 6 weeks... He would take a 10 day vacation at the end or beginning of each quarter... But he was available for fire drills if necessary and had been there for 8 or 9 years. He built the department from scratch so he sort of did what he wanted
I had plans to take a 2 week trip to SE Asia in Summer of 2020 with some friends who were finishing B School and COVID hit, so I rolled all of that time, and now have stopped accruing since I'm maxed at the 150% allowed
I'm on a smaller team now, there's only 4 of us, so this may be different for others who work in larger groups. At my previous bank there was 14 total, so we could cover for each other more effectively. It can be difficult to step away entirely with fewer hands on deck
Since I'm maxed, I've been trying to take 2 days a month to make for a long weekend to avoid losing the accrual, but its been difficult so far. It doesn't help that we obviously didn't perform too well last year since so many deals fell out. We're getting as many deals done as we can now, which is keeping me from taking time. And frankly, I'm fine with that, because we have ground to make up
I think a one week trip a year, plus sporadic long weekends or additional PTO adjacent to company holidays is fair. Whenever I leave, I typically work extended hours running up to the trip, make a very detailed summary of everything I've been working on and have prep meetings with colleagues prior to going, so they know what to do when things move one way or another on all of those different files. They can always reach me by text/email when I'm OOO but are instructed to call only when there's a fire they can't put out themselves. If you have a fluid team it shouldn't be an issue. Time away is meant to be time away, and people respect that, because they want it to be that way when it's their turn
When you're more junior, if you follow the sort of practice I outlined above, they should leave you alone for the most part. After a few promotions, having to be available for this type of thing sort of comes with the territory in my opinion. If you have peers who can step in for you, that's great, but in certain situations it just isn't possible and they need to reach out. Clients tend to call my cell direct anyway. I'll usually update my VM to have an alternative contact but check my phone each morning/evening at a minimum
If you're performing, any reasonable management team shouldn't have an issue with you taking your allotted vacation. Working how most of us do isn't sustainable without taking a step back from time to time. You need to reset
You should be taking 0, even if you're allotted more than zero vacation days. Otherwise, it is a sign of a lazy work ethic and a feeble mind.
Username checks out
Lol literally the definition of "I'm miserable so everybody around me should be too"
Officially have 4 weeks, usually use 3 weeks of it (although tracking is pretty spotty). I'll try to do at least one long (1-2 week) vacation a year, usually late summer with another 1-2 weeks off around the holidays (I'll rarely "report" those days) and a handful of Fridays off for weekend trips. I'm always at least a little plugged in but generally make sure I communicate vacay far in advance so most of the time it's just responding to emails and directing workstreams to the right people. If a deal heats up when I've got vacation looming I'll usually just cancel vs. trying to go and juggle to two because (a) it's extremely frustrating to be working on a tiny laptop on the beach while your friends/family are off galivanting; and (b) it buys you some goodwill. Depends on the type of vacation though (if it's a low key couples trip vs. a bigger trip with friends you've been planning and coordinating schedules for a while).
4 weeks. Pretty plugged in...you find it annoying now as a junior I did as well back then hungover or pre-gaming before some beach etc...
When you get older (kids etc...). Its pretty easy to check work stuff/plugged-in around the daily schedule or before dinner after nap time. Plus as senior individual work does not stop cause it impacts your personal bottomline, as dude above said you may need to cancel it but its not due to someone is forcing you but rather you need to weigh pros/cons.
I agree Tech people even friends in high up roles have a totally different mindset.
That's pretty brutal, makes you wonder about if the rat race is worth it sometimes...
I get 4 weeks (20 days) and 3 study days (used for studying for things like the CFA). There's some kind of ladder where if you stay at the firm for while you get even more days (don't remember what the numbers are off the top of my head). I've generally taken time off roughly when everyone else does, so March break/summer vacation/winter vacation, just because the more people are off, the less likely they are to bug me lol - also the more efficient it is for work, because it's just impossible to work if there are three people on a team and person A is off Week 1, person B is off Week 2, etc. Makes way to sense to have people take roughly the same days off.
I leave my phone number with our admin assistant and then add an auto reply to my email saying I'm on vacation and to contact her in case of emergencies (in which case she will call me on my personal phone). Never been called a single time on all the vacations I've taken. I do not check email. I do not check messages. I will sometimes check stock prices... but that's a life habit even outside of work haha.
Oh wanted to add that my company lets employees rollover 10 days per year into the next year, so I usually do that and take the rest (if you don't you don't get paid out, you just lose it).
4 weeks paid this year. 3 weeks prior two years. Can roll 10 days per year. I have 30~ or so accrued/accruing by the end of this year if I don't use any.
Don't think I used a single PTO day in 2020. Generally don't work during Xmas or big holidays like thanksgiving / 4th. Hoping to take true holiday this coming summer, and aim to use 3-4 weeks by end of year. Last true holiday where I actually unplugged was 2019. I took two holidays that year and one of them I was working until 2AM while on holiday due to a deal process. Fucking. Sucked.
20 days PTO, increasing to 25 next year. Get all 10 federal reserve holidays as well. That said, I make fractions of what most people on here make (rarely work more than 40 hours a week though)
Got a job with the feds so 13 days PTO and 13 days sick, effectively making it 26, but all accrued instead of front-loaded as how at some places.
I'm 100% commission based so technically unlimited. in the past 6 months I've taken trips that in total only amounted to 10-12 weekdays out of office not including holidays. I'm sure there were a couple of others like leaving after lunch Friday, shit like that. I maybe had one email I responded to for all of those trips.
I'll write more about this in my long form summary of the "who here hates their job" thread, but the mantra I've found that best sums up my thoughts is this: imagine yourself on your deathbed, doing an accounting of your life much as we all do an accounting of our finances. what are the things you had wished you'd spent more time doing? do more of those things now and do not apologize for them. I do not wish to tell you what to do, I only wish to say you should be intentional with your time, for it is finite.
Love that framework brofessor. I really like Bezos's regret minimization framework which is basically a variation of what you lay out above. For me probably the biggest one would be travel. Issue is just lack of vacation days. I have a list of 20 countries I really want to go to and tbh could easily spend 1-2 weeks in each of them. So when limited to 15 vacation days it's hard to do it all & also make sure I spend time with family.
One thing I'm hopeful on is that due to COVID remote work has massively proliferated and the labor-side push in desk jobs for remote work post-COVID ought to drive more flex here. So ideally this can expand number of remote work days so I can spend all my PTO days on travel while WFH at the fam's place for maybe 6 weeks or so per year. Just trying to figure out how to squeeze the most juice from what we have. Any suggestions / thoughts you have here would be helpful
6 weeks would be a dream -- I'm strongly considering later in my career moving into a professor role at a top business school (grad or undergrad) -- assuming career success of course. Maybe a part time role if I've been financially successful, just would be great to have way more vacation days & while away the days, maybe write a book / play golf super often / travel / etc
Gotta have some work to keep you busy, but I think the key is doing something you love with total discretion over your time
Sounds like an excellent plan, and yes I think wfh will allow us all much greater flexibility
Completely plugged in and take 3 - 4 days "off" every 4 - 6 months.
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