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Morgan, Citigroup and more)  \n• A closer look at which banks performed best/worst across various categories  \n• Quotes from employees at these banks  \nPart 3 (Thursday April 21st)• Comparisons between 2021 and 2022  \n• Deep dive on what has improved, what has worsened, and what has stayed the same since 2021  \nMessage from Patrick Curtis  \nWall Street Oasis at its core is a community of students trying to break into careers in finance and young finance professionals trying to thrive and build meaningful careers. For years, we have been frustrated by the lack of change at the investment banks and have tried to bring transparency to the realities of the job.  \nThis includes releasing detailed data on \\# of average hours worked by bank in the WSO Company Database as well as other lifestyle metrics the candidates have used for years to help them make informed decisions. Unfortunately, this has done little to curb some of the banks with the worst reputation since there are still many more qualified candidates than seats in the industry.  \nInspired by the report released by the Goldman 13 and some of the concessions we are seeing, we decided to conduct a wider industry wide survey and publish the results outside of the database so that we can hopefully continue to shine a light on some of the worst parts of the industry. We all know with Covid and WFH, the chain of threads on WSO over the past year has shown that the current situation at many banks is not sustainable.  \nOur hope is that publishing these numbers continues to get the attention of leadership and try to reduce the mental abuse at the junior levels that is still far too common. We still strongly believe that investment banking is an incredible career and leads to a very attractive set of options, however, we want to make sure we put the mental health and safety of our community first.  \nThis is the 2nd annual report and in Part 3, we will include comparisons to the 2021 report found here.  \nDemographic Breakdown (1/2)  \nThe survey was taken by 485 banking professionals March 2022 (the professional status of each respondent has not been verified) . 72% of the respondents are currently analysts.  \nLevel of Experience Analyst Breakdown Type of Firm  \n23 16  \n98  \n348  \nAnalysts  \nAssociates  \nVPs & Directors  \nFirst Year Analyst  \n Second Year Analyst  \nThird Year Analyst  \n24  \nBulge Brackets  \n Boutiques  \n Middle Market  \nDemographic Breakdown (2/2)  \nBanks -Of the 30% of respondents that specified their bank, below is the  \nbreakdown: Groups  \n9%  \nJP Morgan  Goldman Sachs  \n Citigroup  Deutsche Bank  \n Bank Of America Jefferies & Company  \n Barclays  RBC  \n Macquarie  SunTrust  \nWells Fargo  Other  \nM&A TMT  \n Real Estate  Natural Resources  \n Industrials  Healthcare  \n FIG  ECF  \n Leveraged Finance  Generalist  \n Other  \nLocations  \nChicago  London  \n NYC  San Francisco  \nAtlanta  Charlotte  \n Los Angeles  Other  \nHours & Sleep  \n“While I currently work less than 70 hours a week because of the prevalent workload, I am expected to go to 90+ when its required with limited appreciation for doing so.” – Associate, Generalist, IB  \nQuestion First Year Analyst Second Year Analyst Associate  \n\n| How many hours have you worked per week on average so far in 2022? | 78.12 hours | 78.29 hours | 76.77 hours |\n| --- | --- | --- | --- |\n| How many hours do you sleep on average per night? | 5.97 hours | 5.98 hours | 5.97 hours |\n\nOn average, what time do you go to sleep?  \n12:28 am 12:16 am 12:10 am  \nWFH and Pay  \n“WFH is great when hours are lax. During busy weeks it's hell, you don't get up from your seat for 12 hours but you're in your o","cbCaipHochDgY0cg","https://ap.wps.com/l/cbCaipHochDgY0cg","pdf",290863,13,"English","# Part 1 (Thursday April 7th) - CURRENT VERSION\n## Overall 2022 results\n## Quotes from a range of employees at various firms\n## Demographic Breakdown (1/2)\n## Level of Experience Analyst Breakdown Type of Firm\n## Demographic Breakdown (2/2)\n## Hours & Sleep\n## WFH and Pay\n## Treatment (1/2)\n## Treatment (2/2)\n## Mental and Physical Health","[{\"question\":\"How many respondents participated in the 2022 survey, and when was it taken?\",\"answer\":\"The survey was completed by 485 banking professionals in March 2022.\"},{\"question\":\"What does the report measure regarding work hours and sleep?\",\"answer\":\"It reports average weekly hours worked in 2022 and average sleep per night, along with the typical time respondents go to sleep.\"},{\"question\":\"How does the report discuss WFH and compensation satisfaction?\",\"answer\":\"It includes satisfaction with total compensation and preferences for working from home versus working in the office, plus the percentage of work hours spent at the office.\"}]","2022 Investment Banking Working Conditions Survey - Part 1 of 3 - CURRENT VERSION | PDF",1789304721]