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Credit Suisse & Goldman Sachs | How these firms are tackling burnout culture

How these firms are tackling burnout culture

When disgruntled staff have shared their grievances with their employer, whether its regarding fair pay, better workplace facilities or allegations of sexual harassment, it then falls on the employer to monitor the situation and offer a solution.

And this is something that investment banks Goldman Sachs and Credit Suisse have decided to do, following claims of unhappiness and working long hours among its workforce.

It was recently revealed that young workers at Goldman Sachs raised concerns over the hours they work each week and warned they could quit unless matters are improved. An internal survey among first year bankers discovered that they worked on average 95 hours a week and slept for five hours a night.

This sparked employees to ask for an 80-hour week cap, with no work on Saturday or after 9pm on Friday.

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