GoKawiilJPMorgan is piloting a system that monitors junior investment bankers to avoid burnout (source paywalled; alternative source). "[T]he bank will seek to match up hours claimed by the bankers with digital activity," reports Bloomberg. "The tool won't be used for evaluation purposes, but is designed to provide a better estimate of employee workloads." From the report: The program will monitor the weekly digital footprint, including video calls, desktop keystrokes, and scheduled meetings, the Financial Times 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."
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