""Much like the weekly screen time summaries on a smartphone, this tool is about awareness-not enforcement. It's designed to support transparency, wellbeing, and encourage open conversations about workload.""
""Junior investment bankers were working 100+ hours a week-and one banker even died. Wall Street's famous 'always on' culture of intense, sleepless workdays has started to show cracks as of late.""
""His death spurred attention to the long hours and health declines of overworked investment bankers. That same year, junior bankers were logging 100-hour workweeks-more than double the 40-hour load of many professionals.""
JPMorgan is launching a pilot plan to compare junior bankers' self-reported hours with their actual activity recorded by IT systems. Weekly reports will show discrepancies between claimed hours and computer activity, including video calls and keystrokes. The initiative is intended to promote awareness, transparency, and open discussions about workload, rather than for evaluation. This effort addresses concerns over excessive work hours, particularly following incidents highlighting the dangers of overwork in the banking industry, where junior bankers often logged over 100 hours weekly.
Read at Fortune
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