Pushed to the limit as a banking intern
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Re: Pushed to the limit as a banking intern
#2This is stupid behavior from the banking people. Don't they realize that they are less productive working all-nighters?
Re: Pushed to the limit as a banking intern
#3Isn't this all just a matter of supply and demand? There are a lot more young people willing to work in this industry than there are positions, so those people who actually get the jobs have to put up with all kinds of stupid shit.
I've never understood why these employees (who are clearly quite intelligent) don't just pursue another career where they have more leverage. After all, I don't think they have any particular love for banking. Being on HN, the obvious suggestion would be software development (not a bad choice, considering the current state of the market), but there are a lot of other options out there as well.
Re: Pushed to the limit as a banking intern
#4This is stupid behavior from the banking people. Don't they realize that they are less productive working all-nighters?
The product is billable hours in a lot of cases. Productivity doesn't matter.
Re: Pushed to the limit as a banking intern
#5Isn't this all just a matter of supply and demand? There are a lot more young people willing to work in this industry than there are positions, so those people who actually get the jobs have to put up with all kinds of stupid shit. I've never understood why these employees (who are clearly quite intelligent) don't just pursue another career where they have more leverage. After all, I don't think they have any particu…
Because banking makes a hell of a lot more money.
Re: Pushed to the limit as a banking intern
#6This is all really, really wrong. I wonder how we, as a society, have managed to lower our values this much. Working days and nights and for what? Even if you do become rich, then what? You can't have your health back and you wasted years of your life chasing a dream. When you're on the patio of your beach house with your high blood pressure, anxiety and depression, what have you accomplished? Is reality like the dream you once chased?
I don't think so.
Re: Pushed to the limit as a banking intern
#7Well,I'm not taking that job.
Re: Pushed to the limit as a banking intern
#8What does a banker even do during those long hours? I'm genuinely curious.
Re: Pushed to the limit as a banking intern
#9Isn't this all just a matter of supply and demand? There are a lot more young people willing to work in this industry than there are positions, so those people who actually get the jobs have to put up with all kinds of stupid shit. I've never understood why these employees (who are clearly quite intelligent) don't just pursue another career where they have more leverage. After all, I don't think they have any particu…
Because banking makes a hell of a lot more money.
The intern was set to make £45,000 / pa (not including bonuses) as an Analyst, but I suppose it opens doors.
Re: Pushed to the limit as a banking intern
#10This is stupid behavior from the banking people. Don't they realize that they are less productive working all-nighters?
The product is billable hours in a lot of cases. Productivity doesn't matter.
That actually makes a lot of sense then. They have an overabundance of interns who are willing to work pointless exhausting hours to prove their mettle allowing them to make bank on man hours.
The question become then, why do clients allow them to get away with it? Do they satisfy their clients to such an extent that they don't care about bloated costs or do the clients just not know?
Edit: changed metal to mettle >_<" thanks