“Money isn’t the only form of compensation. A firm needs to be conscious of the burn out factor and its effects on productivity. According to the Hedge Fund Search Digest 2007 Compensation Survey, hedge fund manager are aware of this and offer a solid vacation policy. 28% have three weeks of time off and 50% get four weeks or more. Of course, how the vacation is distributed and how many vacation days are actually used is a different matter.
“Work-life balance is a subjective measure and depends much on the individual. In examining the professional versus personal balance in the hedge fund industry, 41% of respondents feel that they are doing an above average job and about 20% feel they are striking a below average balance.”
From the HFSD 2007 Hedge Fund Compensation Survey