at-will employment... i need some advices!
hi,
i just got a job offer and it is "at-will" employment.
i have to pass training program and this college thing for about 4 months.
and then at the end of this program, i will be eligible for placement within this job dept. they
also said that while they make every effort to assist me, a placement is not guaranteed.
so what do you say about this job offer?
i'm so worried about not passing the program..and not getting the job.
any advices?
thank you.
See my response in your other thread. Wall st. is volatile by nature. You can't let your fear of failure poison your work or work ethic.
I still sympathize though. Fortunately, that's really Citi's way of covering their ass. Just do well and you'll keep your job. It'll be easier in Risk, if there's another bond market meltdown coming, you might have a chance to see it before the rest of us (if you're good)!
Most employment is at-will, you can get fired at any time. They are just being more upfront about it.
Welcome to CiTiBoRg, prepare to be assimilated. Resistance is futile.
hi, i totally don't get what you are saying. can you explain more?
Employment Status: Contract vs. At-Will (Originally Posted: 02/11/2013)
What is more common in finance? I am an analyst and am hired on an at-will basis... Is that standard?
I'm pretty sure that's the case most places. Both my upcoming analyst job and prior internship were at-will contracts.
Pretty sure every non-union employees in America works on an "at-will" basis. Only time you can sue your employer for laying you off is if you have discrimination evidence.
Even if your contract says you're hired for a 2-year contract (like most IB analysts), if you look near the bottom, in that itty-bitty font it says that they can fire you whenever they want without prior notice.
I was under the impression that it varies by what state you're working in. NY is an at-will state by default unless your employer agreed to something else. If you don't live/work in NY it could be different.
I think NY is as follows (wikipedia):
“any hiring is presumed to be "at will"; that is, the employer is free to discharge individuals "for good cause, or bad cause, or no cause at all," and the employee is equally free to quit, strike, or otherwise cease work.2 ”
Some more stuff from the wiki article:
At-will employment is a doctrine of American law that defines an employment relationship in which either party can immediately terminate the relationship at any time with or without any advance warning,1 and with no subsequent liability, provided there was no express contract for a definite term governing the employment relationship and that the employer does not belong to a collective bargaining group (i.e., has not recognized a union). Under this legal doctrine:
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