How much say does HR have on return offers?
Does HR actually have a say about who gets a return offer or is it all based on reviews from the team? Thanks in advance!
Trending Content - Investment Banking Forum
| +265 | UBS Tech MD hires Son (from no-name college) as an Intern | 48 | 3h |
| +163 | WTF IS THIS COMPETITON | 59 | 9h |
| +161 | Mayday, Mayday: Key UBS Leaders (Former Barclays MDs) Abandoning Ship | 28 | 3d |
| +118 | Is banking in the south more sustainable? | 28 | 8h |
| +94 | The Intern Starter Pack | 15 | 14h |
| +75 | Current State of the League Tables | 28 | 13h |
| +51 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 9 | 7h |
| +49 | Perella Weinberg to Cut 10% of Workforce, Including Partners | 31 | 1d |
| +40 | UBS Groups Ranked by Future Outlook | 20 | 1d |
| +32 | PWP Layoffs????? | 18 | 3d |
Career Resources
HR has zero impact on return offers (cannot speak to diversity hires).
HR will definitely be concerned if you plan to not give a return offer to a diversity hire -- they don't care at all about anyone else, because they are being judged primarily on their diversity scorecard of # offers to diversity, # accepted, % returning... which is all we ever discuss with HR every single year on their calls. By diversity I mean female + URM aka yes to rich white females, no to Indian/Asian males, etc.
That being said, if that person has poor performance and the MD doesn't want them in the team, they can either get placed somewhere else at the bank (more typical), or if it's really bad, not receive an offer (with expectation that this is made up for FT hiring).
HR at Macquarie carries a lot of weight and it tends to be heavily involved during and after the onboarding process. I interned at MacCap last year and landed at Barclays/Citi/BAML through FT recruiting. As far as I can remember HR had a say during the process, but this is mainly bank-specific. Either way always be cool to HR regardless, you never know
Can attest to this as I was also at Maccap. They were involved more than they should've been in my opinion, making opinions about interns that were based on uninformed information sometimes, and hosting roundtables with the directors to discuss all the interns instead of the directors just picking the interns to return...
Velit qui non optio laudantium porro. Rerum aut quo impedit velit dolor. Est qui nesciunt animi et et voluptas.
Sapiente vel dolorem facere perferendis iste dolores. Modi enim deserunt qui recusandae eum accusamus ullam.
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...