The following banks were rated based on the issues that matter to bankers: prestige, hours, compensation, work-life balance, firm culture, overall satisfaction, business outlook, and other “quality of life” categories. For each of these parameters, other than prestige, the banking professionals rated their own place of work. They rated other intuitions and not their own for prestige.
And here are the rankings!
(See the full rankings here.)
Here are some highlights from the rankings:
• Goldman Sachs ranks in 1st place for prestige, but for quality of life issues, specifically hours and work-life balance, it ranks in 15th place. Blackstone, on the other hand, ranked in the top 5 for each of the quality of life categories.
• Overall, work-life balance ratings are on the rise within these top companies, as are diversity ratings.
• Two years ago, J.P. Morgan ranked in 1st place; this year they’ve dropped to 4th place.
• Big jumpers include Moelis & Company (23rd last year to 12th this year) and UBS AG (26th last year to 19th this year), as well as Canaccord Genuity and Guggenheim Securities, LLC which both made it to top 25 (17th and 24th place respectively) this year and were not ranked at all last year.
• For more analysis, please see “Vault’s 2015 Banking Rankings are Live.”
Source: Vault Banking Rankings