placeholder
Stuart Gentle Publisher at Onrec

Not that much, but better than nothing

eFinancialCareers research reveals a summer holiday squeeze

According to the latest research from eFinancialCareers.com, the UK-based global financial careers website ñ a staggering 25% of the City workforce will not be taking any holiday this summer.

But if you are one of the unfortunate one-in-four currently chained to your desk thinking itís a rough ride ñ think again - it could be a lot worse. According to the eFinancialCareers survey, 37% of the financial workforce in the Gulf Region commute through 40 degrees plus conditions without a break during the summer period; whilst in Hong Kong, 40% work their way through the holiday season without a holiday.

Sarah Butcher, editor of eFinancialCareers.com, commented:

ìCity employees work hard and don't always play hard. Recent market turmoil may encourage some people to stay glued to their desks this summer, but a holiday - however short, can offer a broader perspective on stress-inducing events.î

According to the statistics, 30% of City workers do nevertheless manage a 2 week holiday, and 20% a one week break ñ with a lucky 14% managing four weeks or more. But when it comes to being the financial holiday kings of the world, Switzerland tops the poll with 45% of Geneva respondents taking three weeks plus and 35% Zurich respondents kicking back for 21 days or more.



Sarah Butcher, editor of eFinancialCareers.com, added:

ìAs London assumes the mantle of the world's leading financial services centre, City employees' approach to holidays is going the way of Wall Street, where one or two weeks are the norm. We may do better to emulate Swiss bankers, who could teach us a thing or two about R&R and regularly top global polls for their standard of living.