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Some employers do not have the infrastructure in place to provide equipment remotely.
There can be a variety of reasons why this is the case, while everyone they have is also WFH currently.
Maybe nobody has a technical way of setting up computers without being present (like, where do you ship them?), maybe there are requirements for this to happen at the office only, etc.
you never know.
But office 365 or comparable systems will help until we all go back.
Thanks for the insight. I probably oversimplified things in my head.
Here is an example we had a huge problem with when the pandemic kicked off:
In order for our IT department to issue a system ID and email inbox, the person who wants to work at our business HAS to be identified in person with a criminal background clearance, passport/drivers license, and picture and building access card. These systems are connected and have to be "activated". How would anyone do this during a pandemic? It is very difficult to verify an identity if you have never seen that person in your life. All the technology for this is only available at the HQ.
Eg someone could simply fake a name, a background, references and could gain access to very important systems of a firm and just claim to be an intern.
Figuring that out alone took us more than four months!
Congrats on the job at JP Morgan!
WSO is full of talent and surprises!
because they are poor
shoutout @bofA
Because it costs money and they know its not a deal breaker for you
That and the fact that If OP quits hundreds of other kids will be willing to replace him.
efficiency ratio
Which banks provide laptops?
BoFA: Provides laptops
Citi: No
CS: Provides laptops
Evercore: Provides laptops
GS: No
MS: No
JPM: No (b/c of comment above)
Lazard: Provides laptops
Moelis: Provides laptops
UBS: No
Wells: Provides laptops + monitor
who else?
CS does
BofA just did
Goldman doesn't
Citi provides a mini computer and monitors (or at least they did for all first years).
Does MS provide one?
WFC provides laptop & monitor
Barclays: No but will this fall I believe
Moelis does provide
I can provide support to this that Moelis provided laptops for use at home
UBS does not
Just wanna say thx u for this (run out of SBs)
Sounds like you work at the largest bank (by assets) and they're too cheap to buy you a laptop, quality monitors/keyboard/etc, or even a work phone. Other balance sheet BBs do all of those things. Welcome to the JPM family!
Usually boils down to them being cheap fucks. Everything else is just an excuse.
GS / MS both don't provide work laptops
I am starting at one of these banks... do they really not? How are all the bbs this way??
Unless you don't have a work laptop at home, this is actually a preferable option. When you travel or WFH, you can use your own computer to login anywhere and don't have to worry about losing corporate assets. As far as I am aware, they also subsidise your purchase of WFH equipment (laptop, monitors) so you can create your own setup
pReStIgE
Assume GS/JPM/MS not proving laptops due to the "prestige tax"
MS provides everything except laptop (monitor, accessories, phone, etc.) for interns in IBD
Am I the only one who thinks being tied to an ancient firm laptop and not being to upgrade to new technology is a bad thing? Seems like its more beneficial to bring your own laptop that's not a decade old.
100% this. I much prefer my workstation setup at home to the one at my office. But it did cost some personal money to make it nice and I can see someone bristling at the cost for something that should be provided by an office. I feel the same way about phones.
Hi I just want to provide one potential idea that may help us judge the banks more favorably. Generally I’m assuming most of the info we have here is applicable to junior professionals at these institutions. For junior people, the bank may want to encourage them to spend as much time as possible at the bank itself because that is where they will learn the most. Whether it be from the high-tech equipment they have, the people, the office, the files around the office, the higher speed communication and plenty of intangibles. Therefore, when budgeting the bank may prefer to invest in more/better in-office equipment for juniors before budgeting to help juniors build their own in-home work spaces. Just an idea. I could be wrong but thought this may be helpful for the discussion and a potentially good answer to the question. Best wishes to everyone
Appreciate the thoughts from a different angle!
Thanks for sharing your appreciation. You are welcome
Why are you back
Do what I did and request one from IT for work travel purposes (they never asked me for proof) then in six months time when they figure out you still have one and want it back just give them some shit like “Oh yeah, sorry I hung onto it because we had a load of back and forth, client is still being funny and wants us out there a lot, you know how it is!” Hint: they have absolutely no idea how it is but will go along with it because they don’t want to admit they aren’t even allowed with 20m of a client. You can probably get away with just doing this for the duration of your analyst program if your IT is as fucking stupid as my bank’s is
Does Rothschild provide?
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