The ‘Stretch’: Giving Up Minutes of Freedom in Exchange for a Free Meal

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Pulling a Stretch

There’s a lot of truth to the notion that a meal tastes even better when it’s free. While working in the bank many a meals were on the house. Stay past 8pm and you were entitled to a dinner, compliments of the company. This was one of the many perks which, collectively, keep you chained to the job.

Given a bank’s enormous budget, it didn’t really matter how much you spent on dinner when you worked late at the office. After all, it was normal for many bankers to spend thousands on drinks in one go while entertaining clients in nightclubs, restaurants and lounges. So what was £30 or $50 for dinner? Nothing really.

When it came to those long nights, which, to be perfectly honest, was the case 95% of the time, no expenses were spared. We’d head out somewhere nearby, often a sushi restaurant, and would order more than enough food. It wasn’t about how much room you think you had in your stomach as it was what you felt like seeing in front of you as you sat down to eat. Like a rich Gulf Arab at Harrods you grabbed whatever you liked. ‘Just order it’, we’d tell one another if someone’s eyes stayed fixated on a particular menu item longer than a split second. If you were undecided between two mains, you ordered both. Plain and simple.

You were allowed to order dinner on the company only after a certain time. Naturally, the closer you came to that time the stronger the gravitational pull. So if you finished your work and were ready to leave but were ten minutes away from dinner time you just hung around a bit longer.

You were said to be ‘pulling a stretch’ or ‘stretching it’ when you delayed going home to the comfort of your bed in exchange for having a free meal at the office.

Some days you’d walk past a banker sitting at the desk doing nothing but chatting on the phone with a friend or surfing the web. ‘What are you up to?’ I’d ask.

‘Pullin a stretch’ the banker would reply as he looks up at one of the many digital clocks mounted on walls. ‘Ten more minutes and I’m gettin sushi for me and my girl’.

Very often you weren’t the only one to enjoy those perks. With the corporate card, you’d throw in four or five extra dishes, a couple of deserts and a handful of pricey health drinks and then went home with dinner ready for your guests. You’d just scribble down the names of a few colleagues on the receipt just in case you had to justify the bill. In my years at the bank, however, this was never questioned and dinner bills at the office ran in the hundreds of pounds.

Insofar as we all knew, the rule was that if you stayed past a certain time you could order dinner. As soon as you reached the limit, even a half hour before was fine, you’d get up, put on a jacket, walk over to the restaurant, pick up the food and either come back to your desk and do a few minutes of work, i.e. send an e-mail to a boyfriend or girlfriend, and then head out or just go straight home if you didn’t feel like pretending you had work to do in the office.

Living in a big city is expensive and, therefore, for the younger, more junior bankers this phenomenon was partly a cost-saving mechanism. For the more gluttonous bankers, it was a way to feast like a sultan. And yet for some, spending inordinate amounts on dinner was about revenge. It was payback for the hell the bank put them through.

{ 1 comment… read it below or add one }

Jose G September 28, 2012 at 3:31 pm

Every dollar, pound, euro or rupee counts ;)


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