With long hours part of the job description in the financial world, more firms are turning to Transcendental Meditation (TM) in an effort to reduce anxiety and increase clear, focused thinking, CNNMoney reported.
The David Lynch Foundation, an organization founded by the movie director famous for "Blue Velvet" and "The Elephant Man," has been getting an increasing number of calls from Wall Street firms to deliver its $1,000 intensive course on Transcendental Meditation to employees.
"Two years ago, there were only one or two firms interested in the corporate program," said Bob Roth, executive director of the foundation and a TM teacher and practitioner of more than 40 years. "Now there are 30 or 40 companies -- and more expressing interest all the time. In fact, we cannot keep up with the demand."
Hedge funds and venture capital firms are the most interested in the program. And Roth said he also recently received a call from the head of global recruitment at a top Wall Street bank, who was interested in offering TM to top recruits who have been choosing companies with "cooler environments," such as Google Inc., over the bank.