Exclusive: Bank of America banker who died had sought to leave, citing long hours, recruiter says
Exclusive: Bank of America banker who died had sought to leave, citing long hours, recruiter says
The 35-year-old Bank of America (BAC.N) investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job.
Nothing more American than working an "employee" to death
Yeah, this feels like the system working as intended.
Time to destroy the system.
In America we give them lungs full of asbestos and veins full of toxic metals. 100 hour weeks leading to stress death is really more of an asian tradition.
100? Wtf?! How is that even legal?
'EXEMPT'. there's no cap on salaried employees
There is a cap on salaried employees but the cap is focused on contiguous hours worked and, AFAICT, no managers have ever been held responsible for not noticing people are working that many hours - the cap is usually enforced by workers saying "Fuck you I'm going home to eat and sleep" and being immune from retribution (not from the fuck you part though).
There are also a lot of laws around workplace safety that may kick in - I worked at a game studio and our boss started paying for cabs home after 7 PM after someone complained about our neighborhood getting noticeably less safe after the dinner rush for restaurants ended. They did that voluntarily but a labor lawyer I'd spoken to after speaking with my coworker said we'd likely be able to legally compell them.
Salary. It's how they enslave you.
Been there, done that. Salaried workers have no limit on how much they can be required to work without additional pay.
I've always treated salary as basically the idea that I should average about 40 hours of work a week, but that I get to determine if I need to work 80 one week and then 20 for two or whatever. When it's time to grind, I grind, and then I pull back on my hours. I don't ask for permission, I simply manage my own time.
I've been fairly fortunate it seems. I got called in once for not showing up to work for four days. I explained I did six hours of remote work during those four days related to staff questions and projects, but that I had worked seven straight 12-hour days the week before. I was then told how much the person I was talking to works, and I said they should probably take some time as well, and I ended the meeting.
As far as I'm concerned, having a salary means you don't have to pay someone to make sure I'm getting my work done. I manage my own tasks, I manage my staff, and I manage my hours. If they have a problem with that, they can take a flying fuck at a rolling donut, and I will go elsewhere to work.
Many years ago I worked at a small community bank. Was one of the better jobs I've had. Then a large regional bank purchased it, and overnight it became the worst job I've ever had.
Seriously though? That's 7 14 hour days...
14hr days still leaves him 8hrs for sleep and 2hrs for eating/excreting/hygiene what's the problem.
He's a wonderful value for the shareholders.
That averages to over 14 hours a day
It is disappointing to me that these hours are legal, but this guy was an analyst at a major financial institution.
Mandatory overtime wouldn't surprise me at all, it is fairly common and something I am subjected to as well. But I can almost guarantee nobody else forced him into 100 hour weeks.