Job Reneg

Long story short. Like some people on here I was laid off due to market conditions. I was given a heads up by some hire-ups in the company so I was able to get a lifeboat. I landed at a job since January. When I was interviewing with my current company I was also interviewing with 2 other companies. One is with a bank and is a pivot to corporate finance that pays 40% above my previous base and 20% above my current base. The vacation time is ridiculous(5 weeks plus sick days and personal days). So I excepted without letting them know I was with my current firm(which I will quit when my background check clears).  It is a step down in title, but the comp is better. Here is the kicker, the job I wanted the most, higher title and 50-60% more base pay with a better name, and is with a bulge bracket commercial balance sheet lender.  I am in the final round and would feel terrible reneging twice.

I have too much experience and just want to get paid for a good work/life balance

6 Comments
 

If you plan on staying at the company for multiple years, then as long as they aren't upset with you leaving another company for them, why should you care? Companies lay off people all the time for one reason or another, you don't have to be loyal to a corporation when they wouldn't afford you the same loyalties. Do what's best for you.

 
Most Helpful

So to close out the thread. Took the 2nd job, only had to reneg once.  I was not offered the third Job, got to the final round too.

First company was somewhat okay I resigned, sucks because boss was awesome. 

My current role while not my "dream" job has given me a bit of a lateral in skill and I'm 4/5 months in and love the people, pay, higher ups, and exposure. This pays like 40k more guaranteed than the last job. I'm finally "comfortable".

Unless something drastic happens, will not be looking for a new job for at least 3 years. And even if then, would only be because I have a ceiling.

 

Eum ducimus molestiae tempora iusto. Fugiat delectus a autem cum illo debitis sed. Eius vero qui non sit sit fugit accusamus voluptas. Aliquid quod nulla atque voluptatibus voluptas cupiditate nobis. Itaque officiis exercitationem aperiam rem architecto. Occaecati omnis quia doloribus reiciendis consectetur enim.

Commercial Real Estate Developer

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”