Investment Banking Burnout: A Temperature Check
Is investment banking burnout still an issue within the industry? And if so, how can banks combat this? Find out from the 200+ finance professionals surveyed in this report.
Is Investment Banking Burnout Still an Issue?
Research shows that the deep-rooted issue of burnout is still being felt across the sector. 100 hour weeks and labour-intensive working conditions are still making headlines, with thousands of junior bankers quitting investment banking each year.
Our report, “Investment Banking Burnout: A Temperature Check”, explores critical questions facing financial services organizations across the world, including:
- Bankers’ perceived levels of stress, and potential causes
- What fuels attrition at banks, and which industries are tempting bankers away
- Current satisfaction with the support systems that banks are implementing
- How these perceptions vary due to both seniority and geography
Dive into the core findings to discover actionable insights and strategies to help you nurture employee satisfaction, retain top talent, and continue to drive productivity across your firm without harming the bottom line.
Key Report Findings
Burnout Is the Top Cause for Banker Attrition
72% of bankers are considering quitting investment banking to avoid burnout, with 51% aware that their colleagues are planning an exit.
Banks Are Losing Money on Manual Tasks
Investment bankers are spending up to 40 hours per week on manual tasks. This is costing firms upward of $2,000 per FTE.
Bankers Want to Reinvest Time in Better Tasks
25% of bankers want to spend more time with clients, 23% want to spend time on strategic tasks, and 23% need more time for the creative and ideation process.
Automation Is in High Demand for Junior Bankers
Nearly 90% of investment banking employees feel they would benefit from a document automation tool to streamline tasks in Microsoft 365.
Bankers Support Needs to Improve
43% of bankers feel very satisfied with existing support systems. However, 96% of bankers would still like to see additional support systems implemented.
Many Banks Aren’t Yet Improving Productivity
Under 30% of banks are implementing systems to help with productivity and streamlining workflows.
Investment Banking Burnout: A Temperature Check
Discover actionable insights on how global investment banks are mitigating burnout within the ranks, and what bankers want to see from the industry moving forward.
Helpful Resources to Explore Next
Insights, tips, and tricks to accelerate financial services deliverable creation.
AI Alone Won’t Build Your Pitch. Here’s What Will.
UpSlide: From AI Drafts to Client-Ready Documents in Financial Services