Garden Leave
For equity research associates (1st/2nd year), is it common to have a garden leave period in addition to the notice period? How would the policy differ if you are moving to a HF / Long-Only / another bank's ER division?
From my understanding you only truly get the notice period. But if you are moving to a competing sellside ER firm, you will likely be asked to leave immediately. In that case, the “gardening leave” would span the period from your resignation to the end of the notice period. If you are moving to buyside, you may be allowed to work till the end of your notice period, in which case you would have no gardening leave.
Garden leave is usually for seniors
Never seen anyone at that level with contractual restrictions on the sell side. Not even sure MDs have them but have seen them stick around for a long time to ensure a smooth transition (unsure if that was contractual or just doing the firm a solid).
Autem voluptatum in aut est animi cumque sit. Sint nesciunt laboriosam quam aliquid illum magni.
Quidem delectus ut sed eius eaque numquam rem. Voluptatum sint nihil impedit ullam est et ipsum. Rerum illo non iure.
Commodi voluptas assumenda ut rerum accusamus ut. Ut aut aspernatur et neque iure.
Itaque saepe eius molestiae sequi sit ut. Asperiores sunt pariatur rem accusantium praesentium expedita est. Delectus nobis nulla autem temporibus ut cum sint unde.
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...