5/29/11

Hypothetically, let's say that someone quit their first real job out of college after one year? Would potential (second) employers look down on this? Does the reason matter? If I did something like this, it would be strictly for location reasons. The city I'm currently living in, I'm not a huge fan of. It's in the Midwest, and ideally I'd get back to the West Coast within a few years. The longer you stay in a place, the easier it is to get stuck there, so if I want to move back it's probably easier to do it sooner as opposed to later. But, I don't want to hurt myself career wise.

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Comments (12)

5/29/11

No, just explain you had to seize opportunities in your best interest. Explain how you genuinely weren't satisfied at you previous position and whatever cirumstances led you to your choice

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5/29/11

I'm kinda sorta pondering the same situation - I would not leave unless I had an offer elsewhere. And better hope you stay at job #2 until at least one increase in title.

Still not sure if I want to spend the next 30+ years grinding away in corporate finance and the WSO dream chase or look to have enough passive income to live simply and work minimally.

5/29/11

It looks bad.

Stick it out 18 months; ideally for two years. Otherwise, it looks like you got fired.

In reply to IlliniProgrammer
5/30/11

IlliniProgrammer:
It looks bad.

Stick it out 18 months; ideally for two years. Otherwise, it looks like you got fired.

Depends on if you can adequately explain the circumstances and also make an upward career move. I found in my own search that many employers are understanding of this, especially if you accepted a position during the recession. Having said that, where ever you find yourself next, you need to be able to commit for 18 months - 2 years or at least a promotion.

5/30/11

I agree with IlliniProgrammer, one year does look bad, especially if its your first year out of school. Even if you come up with a good excuse, people will still question if you're telling the truth. If you don't have an immediate need to leave (family issues, health issues, etc.), then I highly recommend sticking it out an extra six months.

I know someone that left his BO tech job for another BO tech job after one year out of school. His boss was quite upset and said that he should never bother looking for a reference. The world is extremely small and you should never burn any bridges if you can avoid it.

CompBanker

5/30/11

I left my first FT job after a few months because I got a 40% salary bump from my new company that poached me out. People on WSO unanimously told me to take it and not worry about the short tenure at my first firm.

-MBP

5/30/11

If its purely location I would try to stick it out (obviously easier said than done), if it was for a better position (MM-->BB) there's no reason you shouldn't take it. It will be obvious on your resume that you didn't get fired from the MM.

5/30/11

I'm in the process right now. I graduated in August 2010 after all the BB analyst classes have already started, so I had to wait until the next recruiting class to apply. So I accepted a position in corporate strategy for a fairly big retail bank knowing damn well if i got into a wall street bank I would be leaving.

Well I did get an offer and accepted in January, but i didn't tell them I was resigning until last week. I worked for 2 diff managers (2 diff groups) during my time there. My 1st mgr who hired me was GREAT, she thought I was a god send, fresh new college grad with new ideas and new skill set. She and her boss (senior vp) would do anything to make sure I would succeed there. Half way through they asked me if I wanted to accept a position in another group for some time so I can become knowledgable in diff areas of the bank. My new mgr was a dick! He was stupid, had no power, and thought since I was a new grad i wasn't smart enough to do certain thing.

Well to make a long story short, It was very hard to break it to the managers I loved. I actually kinda lied and said I was moving to NYC because i hate driving and miss my family. So they understood and said it would be a great opportunity for me, and that after I learn the skills from my new job i was welcome back anytime! To the manager I hated I just told him i'm leaving, and he's trying his best to make my last 2 weeks miserable. I'm literally printing and sorting thousand of paper. I was there a little less than a year.

You give me a gift? *BAM* Thank you note! You invite me somewhere? *POW* RSVP! You do me a favor? *WHAM* Favor returned! Do not test my politeness.

5/30/11

I did ops for about 5 months before quitting. As long as you have another offer it doesn't matter. Just be honest when you interview. I always ask a lot of questions to make sure the company is a right fit for me. No sense taking a job that doesn't work with your expectations or personality.

As far as a boss being a dick to you because your leaving. Well my ops boss tried that and my 3 week notice to him became 1 week and a trip to Florida. You gave notice and were professional. Zero reason for him to be an asshole about things.

5/30/11

The only reason I have just said F this and quit is because I have too much respect for my previous manager. I don't want to look bad to her.

You give me a gift? *BAM* Thank you note! You invite me somewhere? *POW* RSVP! You do me a favor? *WHAM* Favor returned! Do not test my politeness.

In reply to Valens
5/30/11

Valens:

Depends on if you can adequately explain the circumstances and also make an upward career move. I found in my own search that many employers are understanding of this, especially if you accepted a position during the recession. Having said that, where ever you find yourself next, you need to be able to commit for 18 months - 2 years or at least a promotion.

Still disagree. I know that loyalty is dead in the current economy, but you do owe your first employer 18 months if things are going well. That's how long it typically takes for them just to make their money back after training you. Maybe not all generation Y doesn't take karma into account in their hiring decisions, but the baby boomers sure do.

Finally, of course, if I'm helping with a hiring decision, twelve months means I can't really take that work experience into account. It doesn't really tell me that you're not a screwup. 18 months gives me more info; 24 months is really what it takes. So if I'm looking at one candidate with 12 months of experience at Goldman prop trading and another with 24 months as a broker at Scottrade, the kid from Scottrade is actually going to be the winner at least on experience, all other things being equal. Not because he has more prestige, but because I at least know that a manager at Scottrade is OK with this guy's work. I also know he's not going to leave after 12 months.

Getting an amazing job offer may be a good excuse for a third employer. It might not. What I can say is that your second employer won't really be able to take your first job into consideration for your second job and that puts you at a serious disadvantage. It also looks bad to some hiring managers on the team player and loyalty fronts.

3/1/15

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