Sep 12, 2025

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?

2 Comments
 

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:

  1. 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.

  2. Proactively Seek Feedback

    • Set up regular one-on-one meetings with your manager or senior colleagues. As suggested in WSO threads, biweekly feedback sessions can help you gauge your performance and build rapport. Even if the initial responses are surface-level, persistence can lead to more meaningful insights over time.
    • Frame your questions to be specific and actionable. For example, instead of asking, “How am I doing?” try, “Are there specific areas where I can improve or add more value to the team?”
  3. Self-Assessment and Peer Input

    • In the absence of formal feedback, take the initiative to self-assess your work. Reflect on your deliverables, deadlines, and the quality of your output. Are you meeting expectations based on your role and responsibilities?
    • Seek input from trusted peers or colleagues who might be more willing to provide candid feedback.
  4. Understand the Culture

    • Some firms, especially those with a quieter culture, may not prioritize feedback as much as others. This doesn’t mean you should settle for ambiguity. Instead, use this as an opportunity to stand out by being proactive and showing a genuine desire to improve.
  5. Bonus ≠ Performance Clarity

    • As you mentioned, bonuses might give a vague indication of your standing, but they won’t help you identify areas for growth. Don’t rely solely on compensation as a measure of success. Focus on building relationships and creating opportunities for open dialogue.
  6. Take Ownership of Your Development

    • As highlighted in WSO threads, your career growth is ultimately your responsibility. If feedback isn’t forthcoming, create your own system for tracking progress and identifying areas for improvement. This could include setting personal goals, seeking mentorship, or even considering external resources like training programs.

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?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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