City of London Firm Offers ‘Unlimited Holiday’ to Battle Burnout
- FinnCap also sets four-week minimum in new policy from 2022
- Broker just had busiest ever six months after dealmaking surge
Skyscrapers in the skyline of the City of London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
After a blockbuster year for capital markets and a pandemic to boot, FinnCap Group Plc will allow its employees to take as many vacations as they want in the hopes of preventing staff burnout.
The London-based broker is changing its vacation policy to offer employees unlimited paid breaks from 2022, Chief Executive Officer Sam Smith said in a phone interview Thursday. The firm’s investment bankers, salespeople and other staff will be required to take at least four weeks a year and two or three days a quarter, according to Smith.