Hey everyone,I'm a VP at a MM PE firm and am going to be lateraling to another PE firm in Jan 2023 once bonus hits. Not personal but know my manager is going to take it personally.Anyway, any advice on how to handle the convo would be much appreciated!
| +63 | BofA VP killed in random NYC stabbing | 37 | 5d |
| +46 | What Bank Will Make Women Instantly Fall In Love With Me? | 14 | 4d |
| +25 | Lindsay Clansey | 12 | 3h |
| +21 | Western Investment Bankers Deserve No-Minimum-Wage Nannies, and I Want Mine NOW | 9 | 6h |
| +17 | evercore isnt opening today | 12 | 23h |
| +15 | Deleted | 6 | 1d |
| +14 | Hair Transplant | 8 | 54m |
| +13 | At what salary can you start calling it “fi-NANCE” | 4 | 1d |
| +13 | NYC apartment hunting rant: everyone and their mother and brother are touring | 4 | 4h |
| 0 | Abstention | 1 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I think there's no way around them getting pissed. I think time will mellow things out but make it crystal clear it's all business and mention the comp etc. I may or may not be in a similar boat next year subject to comp revision so interested in what others say. What's the new comp (broad range) that's making you jump ship?
Thanks, I think you're right and there's no silver bullet or way to make it better.
Aren't you in BD? $500K for VP in BD - amazing. Totally understand your POV. No value add on my end, but just want to wish you the best. Clearly you're crushing it!
I think you are thinking about it the right way. You can't control how the other side reacts...just need to go in with your script carefully planned out and stick to it. Don't share more information than you need to. And stay out of any live negotiations. Just deliver your feedback as to why you're leaving (which are all good points) and leave it at that.
Corporis iusto asperiores placeat dignissimos voluptatem. Fugit cupiditate culpa praesentium expedita. Dolorem sed ipsum consequatur in est labore assumenda cumque.
Commodi possimus aliquid inventore quis est officiis consequatur est. Sit delectus totam qui dolorem fugit sunt expedita labore. Voluptate quaerat quibusdam voluptas id aut natus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...