It’s time analysts brought their grievances to their MDs. That could only end well.
After clocking in consecutive 90 hour work weeks as an M&A analyst at JP Morgan, I often thought that analysts should unionize.
The NBA labor dispute has got me thinking about this again. Investment banking analysts need their own union.
I’ll get the list of demands started:
- Someone else to spread my comps
- Someone else to do my coil binding
- An 80 hour work week ceiling
- A live deal / pitching minimum ratio of 2:1
- 47/53 split of all advisory fees
Seems like a slam dunk.
