Terrible lateral offers
Interested to hear perspectives here, and no hate intended whatsoever - I’m just a bit confused.
I’m an analyst 2 at a top elite boutique in London. In a good team, work 90+ hours per week, but comp and deal flow is great.
I have recently had a lot of recruiters reaching out about analyst spots at other banks. They sre usually recruiters that I know also recruit for some of the top PE funds in Europe, so in order to keep the relationship warm, I always reply. The outreaches don’t usually specify the firm, but will always include
- some form of description that it’s a top top firm
- promises of excellent comp (never specified)
- insane requirements in terms of academics and deal experience
To stay in the good books of these recruiters, I will usually take a call to hear more. Then - without fail - it transpires the firm is not top tier, or even close. The pay is not top tier, or even close. In fact it’s usually pay that is way below the street for even an analyst 1.
When I decline these opportunities, the recruiters then try and persuade me, but not by talking about the merits of the opportunity, but usually by insulting the experience they think I’m getting at my current firm.
Has anyone else experienced similar?
Is it Dartmouth partners
They are guilty of this to some extent, but no.
Emotional blackmail is common by recruiters. Some of these folks were literally used car sales men.
But to answer you question specifically: the London Recuriters are the most rude and disrespectful, they are desperate to stuff bullshit down your throat.
Unrelated but curious - what's considered 'insane requirements' for both?
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