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Investment professionals all over the world struggle to achieve a balance between their personal and professional lives. Maintaining a good work and personal life balance is key to achieving a long, successful relationship between the employee and the firm.
Achieving a good balance starts with spending quality time away from work with family and friends. Therefore the respondents were asked to indicate how many weeks of a vacation they receive.
More than 54 percent of the respondents are entitled to 4 weeks or more of vacation time and 28 percent of respondents stated they get 3 weeks of vacation – indicating that there is plenty of vacation time across the board. It is not clear, however, how much of this vacation time is actually taken each year.
With the majority of the respondents receiving more than 4 weeks of vacation, there is little doubt that this factor is a major contributor to a relatively high rating of work and personal life balance.
49 percent of the respondents actually feel that they are doing a better than average job of achieving balance in their lives. Only a small minority of stated that they strike a poor balance between their work and personal lives. 38 percent of the respondents stated that the work/personal life balance is average. As a point of comparison from other studies, this data shows the work/life balance achieved here is better than that of those employed in the hedge fund industry.
back to 2007 Private Equity and VC Compensation Report
