How to navigate the year end review?
Have my year end review call tomorrow. Already got sent my written review by my manager. All positive comments. I’m definitely a “meets expectations” employee hoping to eventually becomes the above and beyond guy.
I’m currently an analyst at a PC firm. Been here for 8ish months, and prior to this I did 1.5 years in commercial credit at a BB. I’m wondering when I should start thinking about promotion to associate. Were a relatively small shop, and the associates all have varying experiences so there’s no clear timeline. I’m not expecting to get promoted today, but is it worth inquiring the timeline as to when I could be eligible for promotion? I feel like 2+ years as an analyst (although commercial credit analyst experience is probably less valuable) is long enough to at least hope associate is on the horizon.
I have a big case of imposter syndrome with this job due to my lackluster background surrounded by a bunch of Ivy leagers and former ib dudes, so I’m hesitant to ask about promotions. But, cant get anywhere by not asking for things I guess…
Based on the most helpful WSO content, here’s how you can navigate your year-end review and approach the topic of promotions effectively:
Acknowledge the Positive Feedback: Start the conversation by thanking your manager for the positive comments in your written review. This sets a collaborative and appreciative tone for the discussion.
Inquire About Development Areas: Even if the feedback is all positive, ask your manager if there are any areas where you can improve or go above and beyond. This shows initiative and a willingness to grow.
Discuss Long-Term Goals: Frame your promotion inquiry as part of a broader career development discussion. For example, you could say:
"I’ve really enjoyed my time here so far and am eager to continue contributing to the team. I’d love to understand what the typical path to associate looks like here and what specific skills or milestones I should focus on to position myself for that opportunity in the future."
Timing for Promotion: From previous WSO threads, it’s common for analysts to wait at least 1.5-2 years before being considered for an associate role, especially in smaller shops where timelines can vary. Your 8 months at the firm, combined with your prior experience, puts you in a good position to start the conversation, but it’s important to approach it as a learning opportunity rather than a direct ask.
Address Imposter Syndrome: Remember, your background got you the job, and your performance is what will keep you there. Many professionals feel imposter syndrome, but the key is to focus on your contributions and growth. Asking about promotions or timelines is not overstepping—it’s showing that you’re invested in your career and the firm.
Be Strategic: If your firm has a structured promotion cycle (e.g., end-of-year promotions), it might be worth waiting until you’re closer to that timeline to make a stronger case. However, if promotions are more ad hoc, this conversation can help you understand the expectations and prepare accordingly.
Good luck with your review! Remember, asking thoughtful questions about your growth and contributions will only reflect positively on you.
Sources: Roadmap for IBD Coverage Associate to Career Banker, Incoming Associate - Advice, Need advice on asking for promotion, 1st year analyst - how to prepare for 1st year end review this year?, Performance of Top Tier vs. Bottom Tier Analysts (Q&A in Comments)
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