Pandemic Turnover?

I was wondering if anyone's ER department has experienced massive turnover since the start of the pandemic? 

I just quit ER, but the materials research team I am on almost completely turned over during the pandemic. Around 8 Associates left in less than a twelve month period. To put it in perspective, we maybe had 1 Associate leave per year. The most senior Associate in our Research team has now been there less than a year. Things look pretty bad, but I was wondering if this is being seen elsewhere. 

Comments (18)

Jul 8, 2021 - 11:23am

Bit of both. Equity Research is dying, but our department head is an ass and doesn't know how to manage people. He wants face-time to come back and is ready to call people back in the office. 

  • Associate 1 in ER
Jul 8, 2021 - 8:29pm

There was eerily no turnover for a bit and then starting in about March there was a ton. Thought it was mostly pent-up demand for moving, plenty of analysts switching shops, associates switching shops, some moving over to the buyside as well. Haven't seen many corporate exits though.

Jul 20, 2021 - 10:56pm

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