Not that much, but better than nothing

-eFinancialCareers research reveals a summer holiday squeeze -

[UKPRwire, Wed Aug 08 2007] According to the latest research from eFinancialCareers.com, the UK-based global financial careers website – a staggering 25% of the City workforce will not be taking any holiday this summer.

But if you are one of the unfortunate one-in-four currently chained to your desk thinking it’s a rough ride – think again - it could be a lot worse. According to the eFinancialCareers survey, 37% of the financial workforce in the Gulf Region commute through 40 degrees plus conditions without a break during the summer period; whilst in Hong Kong, 40% work their way through the holiday season without a holiday.

Sarah Butcher, editor of eFinancialCareers.com, commented:
“City employees work hard and don't always play hard. Recent market turmoil may encourage some people to stay glued to their desks this summer, but a holiday - however short, can offer a broader perspective on stress-inducing events.”

According to the statistics, 30% of City workers do nevertheless manage a 2 week holiday, and 20% a one week break – with a lucky 14% managing four weeks or more. But when it comes to being the financial holiday kings of the world, Switzerland tops the poll with 45% of Geneva respondents taking three weeks plus and 35% Zurich respondents kicking back for 21 days or more.

Sarah Butcher, editor of eFinancialCareers.com, added:
“As London assumes the mantle of the world's leading financial services centre, City employees' approach to holidays is going the way of Wall Street, where one or two weeks are the norm. We may do better to emulate Swiss bankers, who could teach us a thing or two about R&R and regularly top global polls for their standard of living."


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The eFinancialCareers.com poll was conducted via the company’s global network of websites over a 2 week period from 16th July - 30th July 2007.

Further press information

Sarah Butcher, editor of eFinancialCareers.com, is available for comment and interview.

Please contact Jade Mamarbachi or Christian Pickel (gth media) on 020 7153 8035 for further details.

About eFinancialCareers.com:

eFinancialCareers, a Dice subsidiary, is the leading global online network site for jobs and career management in investment banking, asset management and securities. Recruiters and employers can post jobs targeting specific sectors within the financial markets, both buy-side and sell-side, and search the resume database for highly qualified and specialized professionals.

eFinancialCareers provides career sites for the capital markets in the U.S., UK, Ireland, France, Germany, Belgium, Luxembourg, Netherlands, Switzerland, Ireland, Italy, Hong Kong, UAE, Singapore & Australia. The eFinancialCareers network also includes more than 40 partner sites that increase the reach of job listings. These partners include InstitutionalInvestor.com, (U.S.), La Tribune (France), Milano Finanza (Italy), Finanztreff (Germany), Finance Asia (Asia), Financial Standard (Australia).

eFinancialCareers.com is a winner of 2006 Weddle’s User Choice Award and a member of Nicheboards.com and the International Association of Employment Web Sites.com. eFinancialCareers.co.uk also won the 2005 Recruiter Award for best online service.

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