JPMorgan Starts Monitoring Investment Banker Screen Time To Prevent Burnout (yahoo.com)
- Reference: 0181109144
- News link: https://slashdot.org/story/26/03/26/1918233/jpmorgan-starts-monitoring-investment-banker-screen-time-to-prevent-burnout
- Source link: https://finance.yahoo.com/sectors/healthcare/articles/jpmorgan-started-monitoring-keystrokes-video-151635887.html
> The program will monitor the weekly digital footprint, including video calls, desktop keystrokes, and scheduled meetings, the Financial Times [3]reported earlier, adding JPMorgan plans to roll out the effort more widely across its investment bank. Banks on Wall Street are known for heavy working hours, but can in return offer salaries of as much as $200,000 for entry-level analyst and associate roles.
"Much like the weekly screen time summaries on a smartphone, this tool is about awareness -- not enforcement," a representative for JPMorgan said in a statement. "It's designed to support transparency, well-being, and encourage open conversations about workload."
[1] https://www.bloomberg.com/news/articles/2026-03-20/jpmorgan-starts-program-to-monitor-hours-of-junior-bankers-ft
[2] https://finance.yahoo.com/sectors/healthcare/articles/jpmorgan-started-monitoring-keystrokes-video-151635887.html
[3] https://www.ft.com/content/5ee9d5f1-9b9b-4aee-8712-111e873e241a?syn-25a6b1a6=1
Ummm (Score:4, Insightful)
"awareness" my rosy red rectum. Sounds more like something from 1984, total surveillance of every minute, framed as helping. Doubleplus ungood.
Re: (Score:2)
> "Olsoc" eh? Is that anything like Ingsoc ?
There's a coincidence... I almost added to my post that the Board of JP Morgan was considering changing their name to INGSOC.
Pay Walled (Score:2)
So anyway...
How 'bout them $SportsTeam last night? It was so close and then it was a blow out.
Typical, eh?
I can't see how they finish the season and make the $PlayOffs.
Doesn't really matter either way because my fantasy-$Sport picks really came through for me. I'm up huge.
Any war news, lately?
Haha lies (Score:2)
Fine, how about it's also done anonymously so you have no idea who is doing more or less screen time, and zero hints about who it might be.
Then you can just have open company policies if you see people getting too much screen time and workload and put in policies that reduce it.
Because it's not about figuring out enforcement, right?
uh (Score:3)
> "The tool won't be used for evaluation purposes, but is designed to provide a better estimate of employee workloads."
Yeah, specific employees.
Anyway, this is a good point, people can only stare at a screen for so long, unless they're playing video games. Obviously they need to gamify trading. I mean, more than they already have
but do they want workers to book 40 hours while pu (Score:2)
but do they want workers to book 40 hours while putting on 10-30 more off the books?
Wrong metrics (Score:2)
I'd be curious how much of that screen time is spent watching porn. Those guys all have awesome internet connections!
Right... (Score:3)
Sure, it's about making sure they aren't getting *too* much screen time and *not at all* about trying to audit that they are doing as much screen time as the managers expect them to be getting..
Re: Right... (Score:2)
They could give a fig how much time someone spends.
Those people are measured outlet on money earned / lost.
There may be a loose correlation, but revenue is the only performance measurement that matters.
Re: (Score:2)
> They could give a fig how much time someone spends.
> Those people are measured outlet on money earned / lost.
> There may be a loose correlation, but revenue is the only performance measurement that matters.
While that may be factually correct, management rarely gives a flying fuck about factual correctness if they have the ability to micro-manage employees with tools like these.
Re: (Score:2)
Exactly!
My company rolled out JIRA time tracking and said it was purely to do metrics on time spent on tasks. The employees unionized and the company was trying to get us to accept that they'll use those time tracking charts as a basis for disciplinary action.
If they say "The tool won't be used for evaluation purposes", then you can bet it absolutely will be.
Re: (Score:2)
> Exactly! My company rolled out JIRA time tracking and said it was purely to do metrics on time spent on tasks. The employees unionized and the company was trying to get us to accept that they'll use those time tracking charts as a basis for disciplinary action. If they say "The tool won't be used for evaluation purposes", then you can bet it absolutely will be.
The business world is pretty notorious for "whatever we say we won't do is already part of the plan." This one is so absurdly obvious I'm surprised they bothered to even say it.
Re: (Score:2)
If they say they're not going to do something, that proves they've already thought of doing that thing!