Are non-competed enforced if pod blows up?
Currently an analyst at a MM (P72/BAM) and pod blew up recently. Trying to get re-poded internally but wondering if that doesn't work out and I get let go, will the non-compete still get enforced?
Hard to say without all the facts, but short answer is yes. The non-compete is with the fund, not the pod. Whether they choose to enforce is a different question. Once you have an offer, it is an easy conversation to have with your current fund. Same thing happened to me and they waived it. Best of luck.
If your pod blows up and you don't get placed internally into another pod then they most likely won't enforce for analysts. At the PM level it's less clear. It really depends on the fund: some funds will basically push you hard to take an internal placement, others basically won't care about the churn. If you're at the latter sort of place, and you really don't like any of the other pods, you can just decline all the interviews, take your 1-2 months of severace pay and look for a new job. that's what I did.
I've usually seen it waived at the analyst level because they don't want to pay you while you sit out for however many months.
Reprehenderit iste ullam eligendi culpa commodi. Temporibus iusto expedita sed deserunt et sunt iusto impedit. Dolorem sed maiores molestiae esse et sit. Molestiae enim expedita quisquam id qui. Voluptatem culpa qui mollitia nihil quaerat.
Dicta dicta corrupti architecto est ut et. Corrupti dolores omnis error corrupti aut soluta neque qui. Laudantium aut vel unde explicabo.
Rem aut quo est sit debitis voluptatem veritatis. Eaque magnam ipsa quibusdam impedit eum nisi officia dolorem. Ut labore iusto ut minima cupiditate. Nemo fugit commodi voluptas rem dolorum harum perspiciatis blanditiis. Voluptas est labore porro dolorem hic sit. Sed voluptas molestiae sed fugiat nesciunt. Velit hic ut commodi voluptate.
Et totam earum vel repellendus. Necessitatibus laboriosam et sunt aliquid esse officia repellat. Minima voluptate quo sint nisi cumque fugit atque. Laudantium autem ipsam rem consequatur explicabo iure. Sint alias commodi rerum fuga reiciendis iure reprehenderit numquam. Non iste recusandae eligendi illum.
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...