Burnout. Is it worth it?
After a brutal summer with one of the lowest conversion rates in the banks history, I managed to secure a full-time offer at at a place known on here to be one of the biggest sweatshop groups in the industry.
The last thing I want to sound by making this post is ungrateful, because I'm not. I understand how hard the full-time recruiting environment is right now, but it honestly makes me sick to my stomach knowing that I'm going to be going back to that place relatively soon and working for a bunch of psychopaths. I (and all of the other summers) were in pretty dark places over the summer and given how few people were offered and that I didn't have any time to full-time recruit, it seemed like I just had to accept it.
I guess the situation I'm facing now is: 1. Keep recruiting for another role or 2. Go there and potentially face serious damage to my mental/physical health or burn out completely (It's happened quite a few times over there, I've seen it). Would reneging with nothing lined up be completely stupid? If you ask anyone, I'm one of the most hard working / disciplined people they know but this place almost broke me. Is it honestly worth it?
Would be great to hear some opinions from people who have pushed through at sweatshop groups.
IMO, I had a pseudo placement year where I interned for over 10 months at a place with absolutely horrible workplace culture (I live in APAC lmao). One thing I noticed is that I couldn't stand the people for the first 2 months, but as time passed it became much easier to adjust and by the end of the placement I actually started to like the colleagues (still wouldn't go FT there tho)
When I was younger I worked part time at a MM fast food chain (think mcd/kfc/ wendy's) and when I first started I wondered how tf could people stand a job like this (standing up for 8 hours straight, lifting heavy things such as frying equipment & bags of raw ingredients). That job to this day was way more physically demanding and tiring than any white collar job I worked. But after like 2 weeks it wasn't tiring at all.
Personally I wouldn't renege if I had nothing lined up, nothings stopping you from recruiting for another role but I'd definitely rather have something than nothing esp in this environment
MM fast food chain 😂
MCD is a BB
I would call Mcd and KFC BB for sure. They have global presences with multiple service lines.
This guy isn't going to make it in banking because he should have been at one of the EB fast food restaurants (CFA/In&out/whataburger)
why would you not just name the fast food chain you worked at.....
Life is short and ideally you want to avoid being miserable - do something that you don't dread.
I did an internship at a place where culture was absolutely shit. After the first week of the internship, all the interns in my group had decided that they would never work at that place. I think it's important to be realistic as it's very easy to lose touch with reality once you get into high finance. The truth is that even working in IB makes you extremely successful. You will make more money and have a steeper increase in pay than in pretty much any other field. It's extremely difficult to get past the prestige and exit opps. I am still chasing that prestige and those exit opps myself. With that said, only you can decide what's right for you. Just know that if you decide to make an easy move to let's say an MM bank without prestige, you will still be extremely successful and better off than 99% of the population.
The right attitude is to see IB as Auschwitz and push through it
not sure about this analogy...
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