Any interns sense they're not getting return offer? If so, why?
With SA season coming to an end, anyone out there concerned things aren't looking good for them regarding FT?
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HR doesn’t make the decisions
That depends on the firm.
Everywhere I’ve worked, HR does not make the decision. At my current firm, I make the decision, HR works with me to get the right communication, contracts, etc. But they don’t make the decision.
Again, firm dependent but HR isn’t making that decision (at least at my firm).
The budget set for my group is mostly set by me, the only “say” HR has (which isn’t even really HR but more of the corporate team) is the aggregation of the full budget and whether the firm as a whole is within the right range.
The way it works is: group heads meet to discuss what work will look like at the firm, what areas we think there are growth opportunities, etc. With that we map the work to what a budget would have to look like by groups, generally it is roughly the same with a little growth, outside of major changes (cutting entire depts etc). So I’ll look at that and what I think my group needs to in order to do that, how much attrition there is, etc and what I think that means for number of new hires. HR will help with any analysis.
After that I usually have X number of roles and Y dollars. With that hiring/firing decisions are made my the group heads/MD (with consultation from HR to make sure we aren’t screwing things up - I.e. risk to the firm because we are missing something about the case). HR doesn’t decide who gets hired, they have very little view into who is really great, I work with the senior people at my team and firm to make sure we normalize the feedback based on knowing the work that needs to be done.