Anyone get a job w/o providing references?
Was laid off a few months ago from my IB group as an analyst. Luckily I’ve been able to get a few buyside offers. None of them have asked for references yet since I’m still evaluating the offer. However, if they do I’m scared my old boss will say something negative since things kind of ended on sour terms. Question to you guys - have you ever joined a company and they never ended up asking for a reference?
Why would your old boss say something negative? I am sure your MD is thinking about a million other things than carry a vendetta against you. I won’t worry about it.
This it may seem super important to you but to your MD, I can assure he doesn’t care. I would also argue that it’s in his/her best interest to see you land on your feet.
Why would it be in their best interest? If anything they’re neutral to it, no? You’re just a cog in their wheel?
Based on the most helpful WSO content, it's not unheard of for candidates to land a job without providing references, especially if they perform exceptionally well during the interview process. However, it's more common for firms to request references as part of their due diligence before finalizing an offer.
Regarding your situation, here are a few points to consider:
Reference Checks: While some firms may not require references, many do as part of their standard hiring process. It's best to be prepared in case they ask.
Selecting References: If you're concerned about your previous boss, consider providing references from other colleagues or supervisors who can speak positively about your work and character.
Being Proactive: If you believe there's a chance your old boss might not provide a favorable reference, you can be upfront with your potential new employer. Explain the situation without speaking negatively about your previous employer.
Legal Boundaries: Most companies are careful with reference checks to avoid legal issues. They tend to confirm employment dates and titles rather than delve into subjective assessments.
Alternative Proof of Performance: You can offer other forms of validation of your work, such as deal sheets, performance reviews, or any awards/accolades you received during your tenure.
Remember, it's important to focus on the positive contributions you've made and the skills you bring to the table. Employers are looking for candidates who can add value to their team, and your recent buyside offers are a testament to your capabilities.
Sources: Have you heard of anyone landing an offer without prior networking?, We need to let you go, Being Fired and being upfront about it, Buyside Jobs out of Undergrad, Employee Referral on Online Application
I think reference requirements are an old boomer practice that’s dying off. Employers know that you’ll only list contacts that will give good feedback so it’s not an accurate indicator. Plus, conducting back door references are just a waste of time if the candidate checks all of the boxes and is already qualified. You can always find something negative about someone if you look hard enough. Doesn’t indicate or prove anything.
None of my jobs have ever asked for references. I’m sure some places still do but if I get roadblocked by a potential job over references then it’s probably a toxic shithole.
Does anyone have experience with the companies you're interviewing with reaching out to past/current employers without your consent?
Kind of in a similar boat. My firm has a policy that only references can be given through HR and can only confirm employment position/dates. Furthermore, it has to be through email not over the phone.
I’m sure this will become an issue when I recruit for the buyside but I guess I’ll figure that issue out when the time comes lol
Were you laid off? If so, how do you go about it when reaching out to people?
Bump
Bump. Probably can only get one reference
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