What have you always wondered about the economy? Tell Us
News In Brief

Junior bankers feel disappointed with their jobs, pay

Bob Moon Aug 26, 2011

A final note. I was reading about a young investment banker a while back, complaining that he works such long hours with so little time off, his hourly pay rate works out to less than he could make at McDonald’s.

And now comes a survey from the headhunting firm Capstone, showing growing disenchantment among junior bankers. Seems 67 percent aren’t happy with their pay and are looking to leave investment banking.

Now this is only a hunch, but I’m just guessing there are some other unhappy Americans who might be wishing those bankers did have enough time off to get out and see Gordon Gekko in last year’s “Wall Street” movie sequel.

Gordon Gekko: Oh hey, stay positive, pal. Don’t whine when it hurts. It’s like the first grade, Jerry — nobody likes a crybaby.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.