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When do I tell my staffer I am quitting?
My 1-year mark is coming up EOY / December. I plan to join a startup right after / the new year. Will giving my 2-weeks mid-December, before bonuses, impact my bonus? Should I be waiting until my bonus clears to give my 2 weeks? What is the best way to leave this job unscuffed? Also, is there any...
Quitting with nothing lined up instead of VP offer
A1 - Got a Buyside offer - Do I need to give 2 weeks?
Hi All, Joined as an A1 at a BB last July. Very fortunate to have received a buyside offer in Private Credit starting in the summer. They're letting me wait my bonus out. Since i'm an A1, I need to wait till it's paid out in August. I'm planning to quit the day it hits my bank account. I have no...
Leaving BB - Advice on how to do it (and what to do next)
So I lateraled from a boutique firm to a mid tier BB around 9 months ago, with a “bad feeling” about my team but couldn’t let the opportunity go. Long story short, my desk is an absolute hell. I have 4 VPs and they are known to be crazy and people have left in the past or changed groups. I...
Want to quit only 5 months in but can't afford to pay back signing bonus
Feel like these types of threads are popping up more frequently now for some reason. Long story short, I've realized investment banking isn't for me. I love the people I work with, and the culture in my group is fantastic. However, I've realized that I care too much about life outside of work, so I...
Quitting a part-time internship to find a full-time job after graduation
I am a master's student at a great engineering school in a quantitative finance discipline, finishing up this fall semester. The quant internship I had this summer came back with a non-quant job offer, and a part-time offer for the rest of the semester. I accepted both, because I thought the...
Quitting at worst possible time for team
I am on a 4 person team consisting on a VP, two associates, and an MD. One member of my team recently quit and another just gave notice, however I also been interviewing and just received an offer which I intend to accept. I had no idea the others were also considering leaving. If I were to quit...
Leaving after one year
Hi, I have an offer for a great PE opportunity starting this summer. I'm a first year analyst and ideally will leave my firm after my bonus is paid out later this summer. I like my group, but the new job is an opportunity I don't wanna miss. I don't want to be an asshole and don't want to burn any...
Thoughts on quitting before bonus
I'm debating quitting before bonus season (for analysts), as this job can really burn one out after some incredibly tedious, frustrating, and stressful processes. I already have something else lined up outside of banking (that isn't contingent on me quitting immediately), and it's in a field that...
Why do P72 Analysts leave so quick?
I've been looking at P72 employment data on LinkedIn and noticed that many analysts decide to leave after only 1-2 years working at the firm. Not sure if that's normal in the HF industry or not, but does anyone know why this is the case whether it is an industry-wide problem or specific to P72? Am I...
Leaving Consulting after 5 Months
Hi All, I am in bit of an internal struggle recently as to what to do. Some Background: My education is in tech and I was a SWE in undergraduate w/ experiences at F500's to startups. I Made the decision 1.5 years pre-grad I would try to shift into consulting. Went through the casing process and...
Negotiating Fee Split when leaving one bank for another with active deals
Hey everyone, Going to sound a bit like an idiot here but I am leaving my bank for another bank with better capabilities. Problem is, I have an active MM M&A mandate that I would like to keep working at my new shop and no one in the current bank has touched this deal. We are a small shop so I have...
Negotiating Fee Split when leaving one bank for another with active deals
Hey everyone, Going to sound a bit like an idiot here but I am leaving my bank for another bank with better capabilities. Problem is, I have an active MM M&A mandate that I would like to keep working at my new shop and no one in the current bank has touched this deal. We are a small shop so I have...
Quitting to competitor over phone?
I’ve been managed out of a US BB and have lined up a competing offer with another BB. Given I have 3 months of garden leave, had organised a trip with ~1 week buffer for signing the new contract. Now I’ve been told that will arrive 2 days after Im supposed to depart. Would cost me about $500 to...
What's a good form resignation letter for finance? Planning to quit on Monday
Title says it all, I'm planning to quit on Monday. I have a thoughtful resignation letter prepared for one of my seniors staffed locally, but I want to send a very generic form resignation letter to the supervisor I have who is staffed abroad. I don't particularly like him or have anything warm and...
An1 quitting - pay back sign-on? covid times
Question to analysts who quit
Quitting banking before full time?
Hello All, I am a junior with an internship offer at a top 3 BB, GS/JPM/MS, for Summer 2021. I have been reading through WSO recently and seeing tons of first year analysts quitting and talking about how awful WFH has been and burnout seems to be on the rise. I am really worried if internships will...
What the F are we all doing?
This probably won't go over well, but can we have a discussion about why many of us are working the vast majority of our waking hours basically helping the richest people in the world become a little bit wealthier? I work in markets, which is a bit more shameless than IB, but still... despite what...
Quit after 1year IBD to start computer science undergrad
Hi wso, I am currently a first year at an EB and considering to quit after receiving my first year bonus and pursue a computer science degree afterwards. For context: 22yrs old, live in a completely foreign city, with really no social life and I feel extremely sick of my life and job as it is right...
Breaking Back In
I graduated from a big ten school back in 2017 and immediately went to work as an analyst at a smaller boutique in the Northeastern US. I’ll spare you all of the details, but I ended up leaving at around the 1 year mark to come back home and take care of rather important family business. I’ve...
Quitting finance for something else?
So I think I've peaked in terms of how far I'll ever go in finance and am pretty bummed that this career isn't working out, and looking for some advice. Background: graduated from HYP 5 years ago and started on the trading floor at a MBB , then switched into a quant shop (eg DE Shaw, BW, etc) where...
How to Pseudo-Quit like an Asshole
Got promoted as part of a new layer to facilitate better quality deliverables from the team. During the announcement meeting, this is the IM conversation I am having with one of my new direct reports: DR: moving on VP: ok. we will need to talk about roll off timing next week. DR: no thanks VP: so...
How to gracefully leave buyside equity research job?
Hi all - I’m looking for advice about how to most gracefully quit my job. I tried searching but couldn’t find anything specific to asset management, which seems like a different dynamic than banking. If something is out there, please point me in the right direction. So, I’m a buyside equity...
Quitting IB - now what?
I just quit my investment banking gig after 5-6 years for a variety of reasons. Partly personal (e.g., mental and physical health, wanting more time and flexibility, etc.) and professional (want to make a transition into something different). I was an analyst for 3 years and an associate for 2.5...
What do you consider before quitting your job?
Hi! I recently started a blog about quitting a job and the after life (people who go out to start their own businesses and leave an industry). The guy who recently quit his job via popping a champagne bottle got me thinking and I've run into several people lately who have quit without having another...
Quitting Finance
Hey Bankers, Long time lurker, made an account just for this. I could really use some help, but unfortunately, can't ask anyone at work and I don't think I've spoken to my friends since I started in banking. Long story short, I worked in Lev Fin at a BB for a year and a half before leaving to do...
Want to quit, but have no clue what else to do. Anyone have a similar experience?
No offense to anyone on this board who loves their job, I truly envy you. But I think I've finally reached the point where I'm over not only the job but the entire IB --> buyside career track. I've been hanging on for the promise of the next job, and have come around to the realization that I don't...
Quitting Hedge Fund Gig
I've been working in the industry for 5 years. Been at my current fund for 3 years. Hate it. The stress has really taken its toll, I've lost weight, lost hair, haven't been to the gym in months. The hours have become unbearable and I'm generally extremely unhappy. I'm thinking about just quitting. I...
Solved quit
Hi - my friend just joined an
Quitting time - views on how to leave your job
Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #48. This one was originally posted 3/8/2015 . I've been exchanging PMs with a fellow poster who didn't like his current role and had the good sense to line up another job. With his...
What would it take for you to leave?
Mod Note (Andy): Make sure to check out the comment inside by DingDong A common thing I've heard across multiple sectors is "I'll leave when the time is right". It seems people are either waiting for the next best thing or some kind of sign - perhaps being passed for promotion or a day in which they...
The mechanics of quitting
I currently work for a very small family office. Have an offer to join a bank. The offer letter includes contingencies about background checks, etc, and a start date of September 1st. I need to move 1,000 miles away before that time. 1) Should I put in two weeks notice now and take an unpaid...
How I Limit Anxiety, Stress, and Regret
A few weeks ago I wrote a post for WSO that received a lot of traffic and comments: Why I Quit My Job (a.k.a. "Regrets of the Working") . I talked about how the story of a palliative care nurse and the top 5 regrets of her dying patients led me to quit my consulting job and start my own business ....
Quitting to get something better
I am working in a sector of finance that I don't want to be in forever (pension fund). I feel my current position is holding me back from going all out to get the job I really want and need at this stage of my career i.e. junior analyst at a bulge bracket bank/ PE fund. I do not have time to prepare...
Why I Quit My Job (a.k.a. "Regrets of the Working")
Earlier this year I quit my management consulting job after 4 years on the grind. I didn't quit to do an MBA or because I got a better job, and I didn't quit because I hated the long hours and travel. I quit because of something I read. A simple article that changed how I think about life. "Regrets...
Leaving the buyside
Mod Note (Andy): Each day we'll be posting the top WSO forum posts of 2014. This one was originally posted on 2/23/14 and ranks #26 for the year by total silver banana count. You can see all our top ranked content here. So everything comes full circle. I've been coming on this website for 7 years...
One or Two Week Notice Period??
I am in a unique situation: I started at an HF less than 6 months ago and was really not happy there when a BB unexpectedly recruited me earlier this month for an opening. I interviewed, was given the verbal offer yesterday and accepted all their terms. They are drawing up a formal letter for me...
Quitting Investment Banking
Ask anyone who has been in the business awhile and he'll tell you that investment banking isn't all it's cracked up to be. The hours are long, the job security for the past four or five years has been pretty shaky, and there was that whole bailout thing in 2008 that basically turned investment...
Leaving Audit after 6 months- too soon?
I've been working in Big 4 Audit for about 6 months now- and I can't stand it. I have no motivation at work because I'm extremely uninterested in being here. The pay is decent for entry level (fresh out of school), but the work isn't very interesting at all. Is it too soon to leave? My family and...
How Much Would They Have to Pay You to Quit?
You know you're at the top of your game as a corporation when you can offer your employees thousands of dollars to quit and you still have a workforce a week later. But that's just what Amazon is doing : they're offering warehouse employees up to $5,000 just to walk out the door - not because the...
URGENT! Quitting without two weeks notice
Apart from common courtesy, does quitting without the two week notice have any legal repercussions? My employee handbook states that one 'should' give two weeks. My offer letter states it's required and to consult the employee handbook for further details. The employee handbook says one 'should'...
Thinking about Quitting current job to lateral to IB
I currently work as a real estate AM analyst at a boutique. Our PE clients' portfolios are being wrapped up and the firm is not profitable and pretty much going out of business because we don't have any other clients lined up and the company is in debt. My boss recently told me that it will all be...
Quitting While Still Interviewing
I have an offer for another job that I accepted, but I'm very interested in other positions which I still have yet to interview for that I will turn down my current offer for. The new job will start in 2 weeks, and the interviews will be sometime this week and the other one is unscheduled. I want to...
Dilemma - MBA Recommendations vs Getting What's Owed To Me
Hi, I have a tricky situation I need some help with. I'm currently working at a small 6-man PE shop that recently merged with a listed company. Before it listed it was the partners and I, and I was treated as a partner with 10% profit share. This meant that anytime the partners paid out a bonus,...
Quitting while applying to b-school
Is this ever a good idea? I fully committed to applying by the December deadline just a few weeks ago. The problem is that my current position is very demanding. There is simply no way that I can work the hours that I do while giving serious time to GMAT prep and my bschool apps. I need to either...
Prime Brokerage Stories: Expect No Favors
This is the fourth in a series called “Prime Brokerage Stories,” real life experiences from a close family member who worked in this area of the Street for 30 years. For an introduction to PB so it all makes sense, see here: http://www.wallstreetoasis.com/blog/what-is-prime-brokerage Back when...
Is a 2 weeks notice customary in banking? quitting advice plz
Been interning in a corporate banking role at a BB for a few months now for 50k/yr...recently got an IBD analyst job that pays standard 70k+bonus also at BB--they wants me to start in a few weeks. I've been with my current firm for a few months and am involved knee-deep in a variety of projects....
[x] - In a group at a top BB
I'm in a good group at a top BB (MS/ GS / JPM ), and I decided early on that I hate IBD (so PE is definitely not the way to go for me). It wasn't just the hours, stress, and overall terrible lack of control over my life - it was also that I felt I wasn't learning about how to analyze...
Repayment of sign on bonus?
I have a dilemma I'm hoping to get some advice about I started my job July 2nd of last year. There's a clause in my offer that states if I voluntarily quit my job within a year of my start date I need to return the full amount of the signing bonus. I have accepted a job offer elsewhere now and am...
Landing a compliance job in NYC
Okay I made the mistake of quitting my last job due to frustration and without a game plan or a job to go into. I've been out of work for about 2 months now and its getting to me. I'm desperate to land a compliance gig in NY so I was hoping someone had some leads. Happy to discuss my background and...
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