"JPMorgan's new 270 Park Avenue headquarters, opening this year, includes a wellness hub with medical clinics, meditation rooms, and a fitness center run by a company known for training professional athletes. One detail has already stirred grumbling: Employees will have to pay for gym access."
"The move highlights a broader shift on Wall Street, where flexing about your workout has become almost as important as closing a big deal. Firms see gyms as both a perk and a way to keep staff anchored to the office, so Wall Street gyms have evolved to include everything from river-view spin studios to juice bars, features designed with the long hours and high demands of finance in mind."
"Today, the conversation is, 'What else can we do? We want to do more.' It's no longer about the ROI, where I had to convince them of the return. Now, they're the ones saying, 'We want to do more.'"
JPMorgan's new 270 Park Avenue headquarters includes a wellness hub with medical clinics, meditation rooms, and a fitness center operated by a company known for training professional athletes, while employees will have to pay for gym access. Wall Street firms increasingly treat onsite gyms as both a workplace perk and a retention tool, outfitting facilities with river-view spin studios, juice bars, Himalayan salt rooms, Peloton bikes, and skyline views tailored to long hours and high demands. Banks and hedge funds have invested heavily in in-house gyms over the past decade, and demand for sophisticated corporate fitness amenities continues to rise.
Read at Business Insider
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