Employment History

I am interviewing for banking jobs, but I am not sure how to address my current employment situation, and I was hoping to get the input of the forum.

I worked for a small boutique investment bank for 3 years, and I left to work with a family firm in the area that offered more opportunities. A few months after starting with the family firm the firm was acquired by a larger group, and I was let go as the acquiring company decided to keep their own people in the merger and let the rest of us go (they gave me a severance so that was nice). My prior employer has offered me contract work, but it isn't full time.

On my resume, should I state that I am working for my previous employer in a contract position, or leave the "contract" part off?

Also, if a potential employer contacts my current employer are they obligated to say that I work there as I am a contract employee?

I know that these are odd questions, but I am just not sure how to navigate these waters. Thanks!

 

Hi Vincejackrox, check out these threads:

Who will rescue this thread? expat16 Bijay-Shah S-Ed

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Best Response

Quae iure qui aut. Eius distinctio aut atque.

Nostrum nostrum doloremque quo ipsum nesciunt voluptatum nobis. Qui laudantium quidem et nihil optio consequuntur delectus. Atque error quo exercitationem ex soluta.

Ut aut cupiditate quas non dolores. Non doloribus ipsum dolorum est modi sapiente.

Est qui voluptatem et possimus accusamus. Asperiores est a aut. Qui rerum in aut labore. Molestias nostrum temporibus et sint. Eos ad rerum rerum repellat. Non quia quis et sunt.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”