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"My son is working himself to death in banking. Should I blow the whistle on his boss?"

I'm writing as the concerned mother of a son who works in M&A for a US investment bank. I think my son is making himself ill and I don't know what to do about it. 

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He's 24 years old and this is his second year as an analyst. He's working over 100 hours a week and literally never sleeps. He gets into the office at 9am and leaves the next morning at 9am. He lives five minutes away, goes home, showers, and comes back to the office. 

I only see him very fleetingly. My son has no time for me, no time for friends and no time for a girlfriend. The job is making him ill. He's staffed on project after project and it's inhumane. He tells me that he spends so long looking at the screen that he starts hallucinating and the numbers in his spreadsheets keep dancing around. 

He's supposed to get a weekend off each month, but his managers never respect that. 

At this stage, I'd like him to simply quit, but he doesn't want to leave without a job to go to. The problem is that he has no time to look for an alternative. We are not a poor family and I could help support him financially while he recovers. 

If you work in banking yourself, what would you advise me to do? I've already tried calling the bank's anonymous hotline to file a complaint but it was run by a third party and nothing happened. I'm now tempted to call HR and blow the whistle on his bosses. I know it would upset my son, but as a mother I think I should act for the sake of his health. 

Please let me know what you suggest. You can comment below and I will read what you say.

Nicole Mastache is a pseudonym 

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AUTHORNicole Mastache Insider Comment
  • SA
    SA1
    29 August 2024

    NO! It's understandable you're concerned about your son, and should encourage him to separate from his employer if you think it's necessary, but DO NOT approach his employer and speak on your son's behalf. If you did, the employer would assess your son as unable to make "adult" decisions on his own, and his separation from his employer would be involuntary.

    Further, I understand you want to emphasize the crazy hours, etc. but don't make the comment that he leaves the office at 9 a.m., goes home, takes a shower and changes, and is back at the office at 9 a.m. That's impossible.

  • MB
    MB1980
    29 August 2024

    My mom had the same concerns when I was starting out in Banking/Trading. That was back in early 2000s. She spoke to me about it. I told her: "Mom, we grew up and survived civil war in Lebanon, had to find my way alone to Canada, figure out how to put together tuition, and then fight tooth and nail to get a job placement competing with every other resident and applicant. And then when I got a job, I had to compete with the best of the best, from Top tier universities, and a much better network. I have to beat them now, to win later."

    She got my point. She said: Do what you need to do to get to where you want to be.

    My point to you is: maybe he's competing with people like me?

    Or, maybe he's sharpening his skills in areas he's weak in?

    Or, maybe something is distracting him?

    Or, maybe yes, his boss is abusive, but you need to answer the above first and see how the rest of his colleagues are doing..

    Then, you can see what's the best way forward.

    Good luck to you both.

  • TS
    TS100
    28 August 2024

    You should do what you think is best for your son. But remember he is an adult. Also recognise that what are you whistle blowing ? There are million others jobs where people sweat harder and remain poor (think of factory workers, sweat shops etc). The job your son is in is one of the highest paid blue collar corporate jobs in the world for very little risk (the risk of just being on the desk in a community where others around him are in the same position). It will also open up really good career opportunities. However, NONE OF THIS IS AN EXCUSE TO HARM YOUR HEALTH or DO SOMETHING YOU DON’T LIKE. FULLSTOP especially if you have the financial privilege to make an alternative choice. Most people who survive IB are either motivated with career prospects or really like working in finance. I would suggest speak to your son and truly find out what his interest and motivation is. Sure whistle-blow, but perhaps that might not have an immediate impact on your son, it definitely is another small step forward for organisations to become better workplaces for future generations.

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