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by belly_joe
1917 days ago
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I think the chief complaint of the analysts is less about the total hours worked than the fact that much of the grinding is not productive. From what I recall, the issue was that management knew analyst time was not valuable at all, and so it was common practice for them to leave the office at 7pm with an "i need this by tomorrow" order for client materials that were meant for speculative pitching rather than supporting a live deal. Thus the analyst ends up getting holidays and weekends crushed repeatedly by projects that aren't really that meaningful and could have been spread out in a much more manageable way if the higher ups had given any consideration at all to what they were asking. |
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It's a fair complaint. This anecdote stood out:
"VPs create shells for decks that do not align with what senior team members want to show, which results in junior teams creating the wrong materials. Ultimately, senior team members see these materials and junior team members often have to start from scratch on incredibly short timelines (less than 24 hours) – resulting in unnecessary stress, subpar work, and lack of sleep" [1]
This is a problem! Also, when I was an intern, it wasn't uncommon for an MD to have a meeting at 11AM, be back to back until 5PM, to only drop a request on the associate's desk at 6 from that morning meeting.
[1] https://drive.google.com/file/d/1jyeu-wvS3Z10xQ0BlMIDOkh_INo...