This is the year on-cycle begins to lose its status as the default recruitment model

On-cycle wasn't super successful for 2023 (there are still at least 4 MFs that HH's keep pinging me about interviewing at, and I'm a consultant, so I don't even get access to most opportunities). Now, funds are apparently going to try interviewing candidates who don't even have a month on the desk, if they've even started. I can only imagine this will go worse, and when people are forced to turn to away from on-cycle, everyone will start to realize how many great opportunities are still available during off-cycle. It’s telling how unprepared everyone is when even the biggest headhunters (such as CPI yesterday) are telling people to hold off from recruiting.

 

There's a huge huge difference between October, when everyone knows it's gonna be in October and can prepare appropriately, versus this year where pretty much nobody thought it would be September.

 

Yeah, I mean if it happens this week things are gonna get ugly lmao, like tons of people will walk into interviews and just absolutely embarrass themselves (including me tbh).

 

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