Do I Tell My Associate He Might Not Get VP
I’m a senior analyst, and my group head called me asking my opinion of one of the Associates who is up for VP soon. He is honestly terrible – friendly and nice to work with and pushes back on unreasonable deadlines which is great, but can’t build an LBO, struggles through a DCF, can’t make realistic, defensible assumptions for a model, etc. Of course those are analyst workstreams, but the Associate cannot step in whatsoever and can’t present the analysis to a client.
The group head straight up told me he thinks the Associate might not be VP material due to a lack of analytical finance skills, but wanted to confirm with someone who works with the Associate everyday. I didn’t know what to say, so I just said “yeah they usually pitch me the analytical work and focus on other workstreams, so I’m not totally sure.” It sounds like the Associate is basically on the chopping block and might not get the VP promote. Do I sit him down privately and tell him what the group head told me, and encourage him to figure it out? Or just let it go? For reference the Associate is post-MBA in his mid-30s and is one of my closer work-friends.
There is no upside to the action you are considering - just focus on yourself
Fr
This is the way. Only downside from telling your colleague this.
I'd tell you to fuck the bank and let your work-bro know, but downside risk is too high. You don't know how the associate might react - he might go confront the group head, who will end up realizing that you snitched, and then you'd be in trouble too.
No one knows how close you are with the guy so most people would recommend you to keep this to yourself. It'll look really bad if the associate knew this and leaked your name for source of information to seniors. You both have no power over this anyway so just let it be and take him out to drinks afterwards as a friend if you want to.
For me as example, There has been a lot of things going behind me, especially those underground communities under web3.
I have been supplying so many ideas and knowledges, meanwhile results proven solutions for complex issues. But still, I am being treated as AI without pay, and some are treating it as charity , and meanwhile suffering sophisticated cybercrime to milk my data for lowering down living cost or discount.
All of these just simply because no communication, no one approached me.
I am so sick of these, a relocation to #nyc would be better for now.
what the fuck are you talking about
If he's really such a good friend that you know he won't react in a way that allows the MD to figure out you shared a private convo, then its OK to tell him.
But you need to be sure of that . . that he won't purposefully or accidentally reveal the fact that you told him.
You also probably need to twist the story a small bit because he won't love the fact that you looked the other way when the MD asked you about his technical chops. But that's easy enough to gloss over.
Its a pretty high bar. But if he can meet that bar, let him know.
Don't talk to him about this.
You tell him he might not get promoted and he gets the promote -> you look bad for "speaking behind his back"
You tell him he might not get promoted and he doesn't get the promote -> you look bad as he will think you didn't bat for him
You don't tell him and he gets the promote -> you celebrate together
You don't tell him and he doesn't get the promote -> you grief together
Smart af
I'd do it but I'm an idiot.
I luhhhh my bros and am big on normalizing normal human behavior within IB/PE, such as giving your buddy a heads up that he should shine up his resume. You're not going to change the situation, if he's a reasonable dude that you really do trust, I'd put my neck out and give him a heads up because I want people to treat me that way and truly believe that if you're an upstanding dude who sticks up for his teammates, yeah there might be small situations where you get punished for it, but in the broader scheme of life you'll ultimately be realized as a good dude and hopefully get the benefit of the doubt when you need it yourself.
But again, I'm an ideologue idiot. "Be selfish" is typically always the most low-risk option...
I would tell him if I can trust the idea that he will keep his mouth shut. It's a no brainer if that's the case. If you're not sure, don't tell him. I did this with a former coworker pre-MBA who was a HS classmate. Instead of hanging around at the department being a bottom level performer, he ended up pivoting to a job that paid twice as much.
You don’t.
Unless you intend to lie and tell him you praised him to the sky, then don't say jack.
I would tell him assuming you have a decent relationship with him. If you don’t know him at all, then don’t tell him (seems unlikely). You may never know when you’re in a similar situation and may need someone to tell you something similar, and at the end of the day, all these jobs are based on relationships. While you take your skills with you, nobody remembers the specifics on what you did on each deal, etc. They mostly remember their relationship with you long term.
I’m also an idealist so I would want someone to tell me if I was going to get let go, etc if I had a relationship with them. I also just don’t agree with complete lack of transparency in these fields but that’s my opinion.
Maybe you don’t mind working with him but if he’s not good at the job then working with him might be worse for others. No point in blowing up the issue, let him get phased out.
Everyone here is so heartless … if he is really a friend, why not give him a friendly heads up? Can say you heard a rumor they don’t have enough VP seats or something if you don’t want to share your source, but might as well let him get a running start on networking and updating his resume.
If I was laid off / pushed out and found out that someone I consider a friend not only knew but supported the decision and didn’t give me a heads up, I’d be irate.
I know this is a competitive industry and everything but doesn’t mean you shouldn’t watch the back of people that you’re close to
This is the smartest way to handle it. Frame it as a lack of seats but do give the heads up.
Sometimes a wink and a nod can save a lot of pain.
This is a great suggestion to give the Associate a heads up but not being too truthful. But it’ll only work if the Associate is smart enough either to take the hint, or to believe the ‘rumor’ earnestly and use that as fuel to find a new job. But if the Associate is a dumbass and decides to ask some MDs, he could end up outting the OP. And I guess in that scenario it can be 50/50 - either the MD thinks “oh hinting it as a rumor there’s not enough VP seats is tactfully clever” while being a stand up guy to his friend + loyal to the group, or it could be seen as loose lips.
I think it depends on the Associate’s character / intelligence + their relationship (if OP is very certain Associate won’t mention OP). So that’s OP’s call.
this seems pretty simple. tell him you overheard a conversation between two mds that you think might've been about him. use your imagination based on the dynamics of your office
im sure theres a way to both give this guy a crucial heads up (so he can start recruiting or maybe somehow salvaging his performance) without exposing yourself to risk
Smart.
My initial thought is if you’re boys you should tell him, but realistically you would be putting yourself in the crosshairs by saying anything to him.
Wait it out and let management make their choice. If he gets cut, stay in touch and he wouldn’t have any expectation that you had a say in his departure. Be supportive of him and thank him for what you said you appreciated about working with him. If he stays then no harm no foul and you just learned a good lesson in what management cares about.
Depends on how close - if he went to a different bank, would you still be just as close? If no, then you're not THAT close.
Don’t say it explicitly, stress to him he needs to start looking at other opportunities, talk down the prospects of the coming promotion cycle, etc
Do you have an exit lined up? If so then you should definitely tell him.
If not, you should still tell him but be sure to message it appropriately so it doesn’t blow back on you.
You have already spoken the truth to the MD which was the correct call. You didn’t talk bad about the associate and gave him a truthful response. If he’s good at the other workstreams then maybe follow up with the MD and hammer that home and if not then let it play out.
How did he make it this far? Honestly curious.
You work in banking. Finesse the situation
Dont straight up tell him. Ask him things subtly in a normal conversation like:
- "How does the promotion process work? Do any MDs give you heads up that you are on track as you approach VP?"
- "How do you feel about your future here?"
You can subtly put on his radar that he should be a little concerned and start working to figure it out himself
Keep your mouth shut.
There is zero upside and you dumped on the kid to his boss - there is no way you maintain the friendship after this.
Your best bet is to keep your head down and work hard, for your own career. Work "friends" don't actually exist, if you think people are your friends you're going to end up getting hurt.
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