How to deal with incompetent associates
My group has recently made a bunch of hires at junior associate level and they have been unimpressive to say the least.
At best, they are another pair of hands to help out that can perform to an intern level, at worst they constantly produce materials that are full of mistakes that I or the other senior analysts have to catch and fix before it goes up the chain. Even basic shit that they should know by now they struggle to do. It doesn’t help that they were hired with little to no actual experience working on deals - in reality they should have been hired as analysts.
We don’t want to rat them out to seniors for obvious reasons or be the assholes that copy in VPs or directors to emails where we call them out on work, so how would anyone recommend ensuring seniors are aware of the extra work us analysts are having to put in because of their poor hiring decisions? Should add that some of these associates genuinely don’t even put in work beyond 7/8pm and barely do anything on Fridays / weekends.
They’ll get canned in the next round of layoffs if they’re not working much on the weekends
VP and D know who grinds and who doesn’t
I wouldn’t rat, sometimes people need time
to ramp. If they aren’t putting in the effort that’s a different thing and is always clearly visible to seniors.
Let the VP manage resources that’s not your role as an analyst especially people more senior than you - may be questionable and can be perceived negatively.
If it’s overt misconduct and it’s basically the elephant in the room for a prolonged amount of time and nothing is occurring then you can have a light conversation noting their thoughts on his/her performance and if they entertain the discussion provide your opinion.
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Stay the course
It does not benefit your career to take someone out like this. Karma comes around
It will become very obvious if they are leeches and show no motivation / ramp up to improve. Yes they clip a higher comp than you while doing less work but would you rather be in their shoes or yours long-term
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Why would you lie on ratings? I gave an mba associate a 6/10 because he is a 6/10 lol
No one is saying to not be fair when the review process comes around (although if these hires are as bad as you say it will be overt much before then) but there is a difference between that and volunteering that information un-prompted to your nearest senior
Old school VPs+ will not take kindly to insubordination (yes complaining about people you work with counts as that)
I apologize, I’m still learning. I love you.
If they’re still learning give it time. Eventually people get good at the job, it’s not difficult. Until then keep doing what you’re good at and it’ll show. You don’t get anywhere by being resentful and complaining about your coworkers, even if they’re not good at the job
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Which bank is this?
if it's getting out of hand i will actually hint it with the VPs and Directors.
Something like "oh this was supposed to be ready and i sent the first draft last night, but xxxxxx had some minor adjustments to make so we'll get it to you by end of today"
At least at my gig, if a VP or D catch bad work work, the associates get torn a new one. It's their job to manage, not yours.
So let them fall on the sword.
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