Protected Weekends

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What firms, including EB, BB, and MM, consistently have protected weekends or protected Saturdays? Which firms expect you to come in (or log-on) everyday?  

Comments (81)

 
  • Analyst 1 in IB - Ind
Sep 15, 2020 - 8:05am

Baird has a very strict protected Saturday policy.  Senior bankers get dinged if you work on Saturday without approval.

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  • Analyst 1 in IB - Ind
Sep 15, 2020 - 8:44am

I don’t think UBS has protected Saturdays

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  • Analyst 1 in IB - Ind
Sep 15, 2020 - 9:47am

WF gets one protected weekend a month 

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Sep 15, 2020 - 11:35am

A lot of times protected saturdays means they kill you on sunday - friday

path less traveled

 
  • Incoming Analyst in IB-M&A
Sep 15, 2020 - 12:10pm

Mm bank - one protected weekend a quarter

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  • Intern in IB - Gen
Sep 15, 2020 - 12:52pm

What is gs policy for protected weekends?

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  • Analyst 1 in IB - Ind
Sep 15, 2020 - 1:03pm

I heard from someone that left that they have protected Saturdays but virtually no one adheres to them

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Sep 15, 2020 - 3:19pm

BofA's are pretty well protected but it might vary by group. Some groups have Sunday quasi-protected as well where you should only be doing deal work or work for a Monday/Tuesday meeting, doesn't work as well but its something.

 
  • Intern in IB-M&A
Sep 15, 2020 - 10:02pm

PWP?

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  • Analyst 1 in HF - EquityHedge
Sep 15, 2020 - 11:44pm

RBC has protected Saturdays unless the request is specific for a live deal.

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Sep 16, 2020 - 12:08am

Serious question, to what extent is it protected these days? I understand bank HR have opportunities to keep track of junior banker utilization per senior banker but to what extent is this enforced? I have always thought that in a client-driven business and especially with PE clients such as my firm (who unfortunately regularly demand work product fri night - sat; look it affects me too), it was more a PR move / strong suggestion rather than an enforceable move.

 
  • Analyst 1 in IB - Gen
Sep 16, 2020 - 12:28pm

it doesnt rly mean shit cause net net we end up doing the same amount of work by the end of the week

 

my bank promotes "protected weekends for IB employees" on the career page but rly just a PR move

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Most Helpful
  • Analyst 1 in IB - Ind
Sep 16, 2020 - 12:55pm

I really disagree with this statement.  I went from a bank that had no policy to a bank with a very strict protected Saturday policy and my life changed dramatically.  Having a free day where you know nothing is going to come up workwise made banking tolerable and did wonders for my work life balance.  Yes the rest of the week sucks, but being able to make plans on Saturdays and enjoying one stress-free day is a lifesaver in this industry.

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  • Analyst 1 in IB - Ind
Sep 16, 2020 - 12:58pm

At banks where it works, MDs are expected to push back on clients demanding Saturday work.  The vast majority of clients are understanding, but you are always going to get pushback from some.  The Saturdays that I have had to work is more related to time-sensitive pitch work and is almost never due to client demands on a live engagement.

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  • Analyst 2 in IB - Ind
Sep 16, 2020 - 3:28pm

My bank has a soft policy and it’s pretty crap. People typically try to protect Saturday and less so Sunday. However, even if you don’t have work you can’t really enjoy the time because you’re still on call. You also can’t plan anything more than a few days in advance because there’s no hard rule. Additionally, I have found on holiday weekends when they are protected, usually it puts the impetus on the MDs to give you work earlier in the day / week rather than wait till the last minute to get around to it. 

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