is it weird to not want deal flow as an analyst?
like that means less hours per week right? so im basically getting paid to do less to im still making hella bread. am i trippin or what? so cant i just go to a bank with basically no deal flow and relax?
a bank with no deal flow will pay you piss.
This & bank with no deal flow likely means endless pitching and BS internal work. Endless pitching with nothing to show for it is extremely draining. I’d rather work an 80 hour/week job, in which my time is spent on a combination of pitches and live deals, rather than a 60 hour/week job where it’s all pitches and internal work.
you do understand that a bank needs to be profitable to pay well??
Congrats on UBS!
No deal flow puts an X on your back to be terminated. It’s easy for staffers to sniff out “hiders” which is a bad look performance wise and if you’re getting no deal flow because you suck…well that’s no better.
Not to mention if you slack for either of the above reasons, you make a nice buck for 1, maybe 1.5 years but you leave with no references to speak good on your name – so exit upside is capped unless you exit the industry completely to a lower tiered pay range. Seems like marginal benefit (you’re working 50-60 hrs vs. 70-80) for a much weaker bonus and shitty post banking job prospects
Yes
The website is filled with corporate bootlickers. You must work 80+ or else you are cooked!!!
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