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I've been working at a sell-side research as an ER associate at an MM IB for 7-8 months and I found out about a buy-side analyst position that I applied for abt 2 weeks ago that basically offers better pay and less hours. Now I don't think that I'm going to get the position, but I've recently found out that one of the analysts who works at the firm I'm applying to is on my boss/senior analyst's contact list (along with 50-60+ other buyside PMs/analysts).

So I'm starting to get a little worried. Is it possible that one day, sooner or later, this analyst may get on the phone with my boss and mention "oh by the way, is XYZ one of your associates? He just happened to apply for a job at OUR firm and we didn't take him." ??

So if the boss were to find out, could I get screwed/fired for looking for another job? I mean, I'm performing well at the bank and I like my position but I didn't see the harm in applying for another post that could give greater pay and less hours. And it's not as if I was applying to a competitor (like applying to a different sellside shop). As far as I know, an employer shouldn't be able to dismiss someone for seeking a new job, since that's a basic human freedom AFAIK. Any comments or ideas?

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Comments (5)

  • riemann's picture

    I've had a boss that took my job search very personally and he asked that I resign immediately. I have also had a boss that was upset that I didn't tell him I was disgruntled at work. He bent over backwards to see that my responsibilities were changed to something more fulfilling.

    ... So I think it will depend on your boss.

    I am not legal expert --- but most of us are employed "at will" --- which I understand to mean that our employers can pretty much do whatever they want.

  • phboom's picture

    As long as you fill your work obligations, as far as I am concerned, job seeking is personal. There is nothing wrong with working and wanting better opportunities. If your boss has got any homo sapient pedigree, he should understand. If not, I'm not sure you want to work for the guy at all.

  • John Mack's picture

    He won't fire you for it, is unlikely to admit to you that he even knows (assuming the relatively low likelihood that he finds out), and may even push for a higher bonus for you at the end of the year.

    Don't worry about it - happens all the time.

  • gabrield's picture

    Right, that's if they like you. If they don't you can easily get fired. And if you can't prove this was the reason for it, you can't sue them. That's more or less what happened to me. Why my boss didn't like is another story and my own fault. So now I'm down to applying for college student jobs... so degrading.

  • Adam Miller's picture

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