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Stockbrokers at London firm get unlimited holiday to stop burnout
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The London stockbroker FinnCap will effectively give its employees unlimited holiday from next year with a requirement to take at least four weeks off, in an effort to prevent staff burnout.
After a bumper year for financial dealmaking that led to staff working longer hours, the corporate advisory and brokerage firm decided to change its policy to allow workers to take as much leave as they need.
In a development first reported by Bloomberg, the company is asking its investment bankers, salespeople and back office staff to take at least four weeks’ holiday a year and two or three days a quarter.
“Everyone is really exhausted from the last two years, and it isn’t fixed with a quick holiday,” FinnCap’s chief executive Sam Smith told the
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