Morning Coffee: 26-year Barclays associate supplements $200k salary with weekend work. New status symbols, different to the old

efinancialcareers.com:

If you're exhausted by the contemplation of working 80+ hours a week as a junior banker, then think upon Jake Carraway, a 26-year-old associate on Barclays' New York financial sponsors team. Carraway works all week at his day job and then spends evenings and weekends as a professional athlete, training for and playing pro-Lacrosse matches with the Philadelphia Waterdogs. 

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Carraway confesses his schedule is «chaotic;» Bloomberg says it's catching on.

Junior bankers playing pro-Lacrosse make it work by never taking holiday and by bringing laptops to tournaments and training sessions so that they can work on the side. “We’re in a different city every weekend through September,” says Carraway. When he had a week's training before the lacrosse season began, Carraway supplemented it with early morning and late night work calls. Another banking lacrosse player says that during the season, it's standard for young finance professionals to fly to the match venue Thursday evenings, work in their hotels Friday, to sleep Friday lunchtime, train Friday evening, play Saturday and fly back Sunday. 

Bloomberg doesn't give Carraway's salary as an associate at Barclays, but H1B visa data suggests it's circa $200k, with a bonus on top. Pro lacrosse players can earn $32k a match and are given stock options in the league.

Financial services firms are more amenable to this sort of thing than they used to be. Ryan Conrad, a 27-year-old associate at private equity firm KKR, says he's allowed flexibility on Fridays so that he too can play in the league and that this is a «top-down» supporting him at the firm. 

While $32k a match isn't bad, the dream of the Premier-Lacross League's founders is