French bankers get more holiday but are too scared to take it
It’s become a trope that bankers in Europe do no work in the summer. While American bankers have week long vacations interrupted by vice presidents with “please fix” requests, French bankers in particular are supposed to spend all August in small shorts in St. Tropez.
In fact, many are stuck in the office.
A survey of 200 bankers split between France, the UK and the US by banking automation company Upslide, found that only 59% of French bankers take all their leave, compared to 76% in the US and 66% in the UK. And while no one in banking thinks they have a good work/life balance, French bankers think their work/life balance was particularly bad – just 1.5% of French respondents said they were happy with it, compared to 3% in the UK and the US.
The results suggest that bankers everywhere who think Paris-based jobs are the promised land