Bank of America tells junior execs to blow the whistle on managers who overwork them

Woman sitting in an empty dark office along (Credit: Jacobs Stock Photography Ltd)

Bank of America is cracking down on managers who pressured junior bankers to hide the number of hours they worked to avoid triggering a policy that would give them time off.

On Monday, several managers told junior bankers to report instances in which they were instructed to underreport their hours in order to avoid having to notify the human resources department, according to the Wall Street Journal. The issue is front and center because it raises concerns about corporate culture at the $300 billion bank, and whether it is pushing junior staff to limits that harm their physical and mental health, in the name of paying dues.