Hazard of the Trade: Bankers' Health
The WSJ has an article on their site this morning about the health and mental impacts from working in investment banking. It’s about a study that followed 1st and 2nd year bankers to see how they coped, or did not cope, with the workload of young investment bankers.
About the work:
“During their first two years, the bankers worked on average 80 to 120 hours a week, but remained eager and energetic, she says. They typically arrived at 6 a.m. and left around midnight.”
And the side effects:
“By the fourth year, however, many bankers were a mess, according to the study. Some were sleep-deprived, blaming their bodies for preventing them from finishing their work. Others developed allergies and substance addictions. Still others were diagnosed with long-term health conditions such as Crohn’s disease, psoriasis, rheumatoid arthritis and thyroid disorders.”
Read the full article.