Tomes have been written about how hard and stressful an investment banker's life can be. 80-120 hour work weeks. Being a slave to excel, being on-call 24/7. You know the spiel...
And yet you have some of the fittest bodies in banking. I have seen bankers around the FiDi (Financial District for you less hip types) who look like they have been pumping iron 8 hours a day. Gelled hair, Armani suits, Pierre Cardin watches....I guess it must take 45 minutes to get dressed in the morning. And oh, I forgot the sun tan-unless the banks are handing out tanning lotions and have tanning salons in the office, where do they get that bronzed tan if not by sitting on the beach :-)
Truth be told, I am sure they work pretty hard-but so do consultants, marketing and sales people and operations people. Imagine being a supply manager in a large oil and gas company-how much stress would there be in your life. How much of the company's money is riding on you doing your job well. It sure can't be fun. Or being a sales lead on telecom projects who is putting together tender after tender for large multi-million projects-with a slim to nothing chance of success. No job is more accountable than sales.
So why exactly do bankers make multi-million dollar and pound bonuses?
And yet you have some of the fittest bodies in banking. I have seen bankers around the FiDi (Financial District for you less hip types) who look like they have been pumping iron 8 hours a day. Gelled hair, Armani suits, Pierre Cardin watches....I guess it must take 45 minutes to get dressed in the morning. And oh, I forgot the sun tan-unless the banks are handing out tanning lotions and have tanning salons in the office, where do they get that bronzed tan if not by sitting on the beach :-)
Truth be told, I am sure they work pretty hard-but so do consultants, marketing and sales people and operations people. Imagine being a supply manager in a large oil and gas company-how much stress would there be in your life. How much of the company's money is riding on you doing your job well. It sure can't be fun. Or being a sales lead on telecom projects who is putting together tender after tender for large multi-million projects-with a slim to nothing chance of success. No job is more accountable than sales.
So why exactly do bankers make multi-million dollar and pound bonuses?
5 comments:
women in the workforce, lechers/professors in b-schools, taxi drivers in singapore, poor oil and gas workers and now THE i-bankers, no one is safe from the tongue lashing unleashed by the Big R.
BTW, didn't you know the i-banking motto???
"if greed is a sin, then welcome to hell!!"
-A
What about "greed is good" made famous by Michael Douglas in Wall Street?
-R
You have to admit that I am an equal opportunity tounge lasher :-)
-R
equal opportunity ehh...
'ow'bout them firang expats now???
-A
Aiyooo
The I bankas I talk about are expats. I won't be talking about desis getting a sun-tan.
-R
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