The hours suck, but at least you get paid for them!

dfratz's picture
Rank: Monkey | banana points 45

I'm currently working in Big 4 in the Financial Services Group. My hours since starting 2 months ago have been quite bad. Common to be at client sites from 8-9 7 days a week. I am told that this will continue until MARCH, albeit the amount of weekend work may subside! Man, I want to switch to banking just so I can get PAID for the hours I put in. I feel seriously undercompensated, especially when you factor in all of the studying I must somehow do to eventually get my professional designation. But, at least the summer isn't busy. How do you guys do it all year around? And would you still do it if you were getting paid literally half the money?

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Comments (5)

Nov 21, 2006

you think you get PAID for the hours you put in in Banking - LMAO....the grass is always greener....

Nov 21, 2006

I'm guessing the pay at IB is still be more than that of accounting ( a lot more if including bonuses.....
)

However, dfratz, IB hours will only get worst.....

Nov 21, 2006

IBankers MAY get paid for those hours(debateable), but they aren't getting paid for the stress and the sacrifices they had to make, that comes with those hours.

Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

Nov 21, 2006
dfratz:

I'm currently working in Big 4 in the Financial Services Group. My hours since starting 2 months ago have been quite bad. Common to be at client sites from 8-9 7 days a week. I am told that this will continue until MARCH, albeit the amount of weekend work may subside! Man, I want to switch to banking just so I can get PAID for the hours I put in. I feel seriously undercompensated, especially when you factor in all of the studying I must somehow do to eventually get my professional designation. But, at least the summer isn't busy. How do you guys do it all year around? And would you still do it if you were getting paid literally half the money?

Continue until March...so that means eventually they'll stop?

Whereas in Ibanking...they'll NEVER stop...

Think before you speak...and just maybe you'll realise it isn't so bad after all...

What the bloody hell...13 hrs a day...even ECM/DCM will work more than you in a whole year since 12-13 is their norm...

Nov 21, 2006