SURVEY: Hedge fund managers have the best work-life balance in finance

mr bean holiday

Universal

LONDON – People who work in hedge funds have the best work-life balance in the finance industry, according to a new survey.

Around four-fifths of hedge fund managers reported their work-life balance being either great or satisfactory, according to a report from salary-benchmarking site Emolument.com.

Hedge fund managers are usually the clients of banks and so are more "flexible in their working arrangements, being in a less pressurised client-driven environment compared to their sell-side counterparts," according to the study, which surveyed 1,360 professionals.

Clients are key to both work-life balance and pay. Advisors on client-intensive mergers and acquisitions have the worst work-life balance, despite the high pay.  

Meanwhile middle and back office staff in banks earn a fraction of the client-facing employees and still lack a decent work-life balance.

"They are more often blamed and rarely congratulated by their front office teams, on top of which they tend to work long hours, tidying up transactions and troubleshoot long after traders have gone home," Emolument said.

Here is the chart with the full results:

emolument

Universal

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