FinnCap offers staff unlimited paid holidays to avoid burnout

A City broker will offer unlimited paid time off in an effort to help its staff to avoid burnout.

FinnCap has set out the plan for its 155 employees to try to make a significant improvement to working conditions and in recognition of heightened demands from clients because of volatile capital markets, Bloomberg reported.

Sam Smith, the chief executive, said: “Burnout is not resolved by a quick two-week holiday . . . It is resolved by properly changing the way you work.”

FinnCap offers advice to clients about fundraisings, public and private mergers and acquisitions and raising debt. It acts as a nominated adviser, or nomad, for clients quoted on Aim, the junior stock market, with a focus on the technology, life sciences, consumer