Associate expects me to turn comments
Fresh lateral first year analyst from Big 4 here. Sometimes when I send PowerPoint decks up the chain, my associate will send back comments on my work. It would be fine but then he expects me to make the changes to my work to get it right, and he doesn't offer to do any of it himself. That means I end up making text changes, updating font colors, researching on the internet for data and sources, even jumping into excel backups to modify and then re outputt to PowerPoint.
He also expects me to address every single comment and review my work before I send it out. Because of this, some days I have to start working before 9 AM or stay at work past 8 PM. Even after iterating, we get comments from the VP and MDs on our work and they also expect me to make the changes and send calendar invitations to clients. Is this normal? Should I try and negotiate a raise?
Wtf man, that's not right. Honestly you should tell anyone but the MDs to F off if they give you comments. You and your director both aren't MDs so you're both basically junior bankers right?
Sounds brutal and definitely not market. I would try to address with your staffer and definitely bring up during review season.
I know it doesn't help your situation but I've got a buddy who is an analyst and their associate sometimes asks them to take notes on calls. You should take solace in the fact that others out there have it much much worse. Godspeed!
Notes on calls? OSHA bout to come thru
Thank you brother can't fuckin believe there's analysts being abused like that. Sometimes I really wonder if the toxicity in this industry will ever end
9/10 shit post
10/10 this shit had me laughing
You should definitely flag any typo your Associates make when giving comments so that this can be a bilateral review process
You did the right thing by creating a thread about this. I'd say your associate is toeing the line by asking you to turn comments and correct your mistakes rather than doing it themselves. What would cross the line is them asking you to take notes on a call.
What a lot of these associates don't seem to understand is that the analyst job is to just take a first pass at something, submit it and be done. It's their job to go into the model and backups and fix the errors. When an analyst makes a typo or something it should be the associate that not only catches it but fixes it.
9/10 shit post btw
Honestly, never understood incredibly detailed comments, e.g. "update formatting in cell A123." So inefficient and such a time suck when commenter could easily make the edit themselves and deal team could log off at 1am instead of 4am
But then you'd probably keep making the mistake.. sometimes 4am signoff is worth it if it changes 2am to 1am going forward bc you make less mistakes
those comments won't turn themselves man…big4 and no pay or IB and have to do work, sucks. Haven't seen a good opportunity comment yet hahah
This was written with the tone of a passive aggressive, perennial bottom bucket MBA associate whose entire value add is criticizing an analysts semicolon and hyphen usage after said A1 made the entire CIM themselves and then goes and reads ESPN and posts on WSO about how they're extremely disappointed in their analysts "lack of attention to detail"
Analysts want to get to Bumble dates they thought theyd make at 5:30pm. Fuck no homie, you ain't leaving the sweat shop that early. We have more Mumbai (Salt Lake City if you're GS) requests to send out.
Thank you for finally calling out this endemic bullshit in our industry. In the time it takes associates to give me comments, they could have just fixed the shit themselves. I'm swamped being a fínànce hardo online, I don't have time to do that crap.
What a rookie, when associate gives you comments, he doesnt mean for you to turn it, he wants you to review his comments (and add as necessary) and pass the comments to the Indian offshore team to do the needful.
Lost me at big 4 intern
LOL good one. Although if you really are from a big 4 you'd stay fucking past 8pm for that free meal. Otherwise golden.
Sounds like you're doing the work of an associate without the pay or recognition. Maybe it's time to have a chat with your supervisor about adjusting your responsibilities and compensation
That's what I'm saying, he always asks me to check my work before sending even when that's literally his job. And he made me cancel brunch with my girlfriend yesterday when we got staffed on a buyside RFP. Thinking to lateral or go corp dev but only have 7 weeks of experience
Have you tried tipping your MD?
No I haven't, is that normal in IB? At my Big 4 we didn't tip Partners, the Partners actually gave us crazy year end bonuses. Mine was $4.6k last year but some people got $4.8k
Not market at all. I'd ask for a raise. Alternatively, if your associate continues to try to slow you down, just start sending materials directly to the client with your associate on cc
I did a PE internship and the associate asked the INTERN to turn in comments or make changes to a deck. The analysts (2 or 3) were expected to lead due diligence calls or travel to investor global summits to network and bring in deals for the firm.
I'm really sorry to hear you're going through this. Me and my current firm's prayers are with you :)
Is it sad that there are some analysts who actually think like this
Not a troll. Honest comment here.
What do you think your job is?
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