Is no feedback, good feedback?
Ignore title - I am an analyst in DL/PC. I am going to keep this brief. My group is incredibly quiet, really no culture. Coming from banking this has been a pretty big change, but at this point I don’t care, at least the culture isn’t outright toxic (just relatively antisocial).
The problem I have is that I have been at the firm for over a year now and have quite literally no idea how I am doing. No one provides feedback or constructive criticism. In banking unsolicited feedback and criticism was so commonplace that I hated it, but I am seriously starting to miss the transparency. I was at least aware of my standing and could address areas where I lacked.
I have of course asked for feedback directly from multiple sources, but generally people just provide some brief surface level -all good- default response that just seems like they are just trying to end the conversation as quickly as possible. There is no formal internal review system so people (VPs that have been there a while and share my frustration) basically guess their standing based on their bonus number - which even when I get it won’t help me address actual issues if needed.
Am I overthinking this - is a lack of negative feedback an indication that things are fine?
A lack of feedback, especially in a quiet and non-transparent environment, is not necessarily a sign that everything is fine. Based on the most helpful WSO content, here’s what you need to know:
No Feedback ≠ Good Feedback
While the absence of negative feedback might seem like a positive, it can also indicate a lack of engagement or interest from your team. In environments like yours, where feedback is scarce, it’s easy to misinterpret silence as approval. However, it’s crucial to actively seek clarity to avoid surprises during bonus or promotion cycles.
Proactively Seek Feedback
Self-Assessment and Peer Input
Understand the Culture
Bonus ≠ Performance Clarity
Take Ownership of Your Development
In summary, silence doesn’t always mean approval. Take the initiative to seek feedback, self-assess, and adapt to the culture while ensuring you’re actively working on your development.
Sources: Feeling useless at work, Annual Review was bad how do I bounce back?, 5 years ago, I was fired from Oliver Wyman. This is what I learned from it., THEN and NOW: @CompBanker, Bottom buckets: Where are you now?
Quaerat possimus debitis autem id. Accusantium eum doloribus atque omnis consequatur voluptas eveniet. Et in aliquam repudiandae aut. Reiciendis quisquam ut qui enim. Quam enim quaerat sit veritatis voluptatum.
Saepe magni voluptatum laudantium ratione. Quo exercitationem tempora et reiciendis cumque. Et esse repellendus blanditiis officia eos. Ad voluptas ut cumque quo qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...