Independent investment bank Houlihan Lokey is offering its investment bankers an all expenses paid holiday — to an approved list of destinations — is also limiting working hours and bumping pay for its junior bankers.

In the latest perk for bankers working longer hours amid a deal-boom that is raising concerns about mental health, the bank sent a memo to employees outlining a series of changes including no work past midnight, 10 days uninterrupted holiday and protected weekends.