Renege vs Accepting multiple offers
Now with remote work, many of us are able to work multiple jobs/projects and even take summer courses while maintaining our internship. Why would someone renege now versus accepting multiple offers? Banks also might change their stance sooner or later so it's safer to accept as many offers as possible in case a bank does go downhill during this depression. Dividends are being cut, interest rates are making banks make less money. HSBC/ DB has cut the workforce. Goldman Sachs plans on cutting next year.
Have you ever read an employment contract? Short answer, no, do not try and work multiple finance jobs simultaneously.
what if one was finance job and the other was coding for a start-up but also paid?
Read your contract. Under every contract I’ve seen you must disclose this. So not disclosing this can get you fired. Forget about the amount of work that it would be to do well, better to do 1 internship and get an offer (if it’s not already guaranteed) than have 2 internships and no job.
prior to accepting the start-up offer I informed the software engineer that I already had an offer from a trading firm so I disclosed and then accepted.
I’m saying for your finance job, in your contract there will normally be specific clauses around not working at other places. Additionally the firm will normally have policies around who to notify and when. Telling someone you have an offer vs saying you are working at two places is totally different. Not sure if you worded it that way thinking you can get off on a technicality, but you can’t.
Dude c'mon.... obviously the start-up could give a shit. It's the trading firm that would be pissed/have way way way tighter employment contracts/be more than willing to cut ties with you. Common sense here.
I told them that I accepted an offer, so no technicality. I already had an offer and they were giving me another offer. So I disclosed that and was not restricted from accepting the 2nd offer.
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