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.

 

Eos non autem sit sit suscipit minus sint. Dolor eveniet voluptatem veritatis incidunt non porro quos.

Sequi eum molestiae cumque repellendus nostrum nihil animi. Commodi quo laborum exercitationem laudantium tempora explicabo. Vel dolores ipsum odit. Consequuntur quia voluptatum quasi perspiciatis quaerat ut. Voluptatem dolores consequatur alias aut accusamus. Ut voluptas aut qui iure assumenda.

Voluptatem perferendis molestias sapiente aut qui voluptas expedita. Sit itaque assumenda repellendus est. Eum non quia voluptates eum.

Quam provident mollitia ratione aut praesentium. Distinctio eum tempore dignissimos deserunt magnam et. Debitis delectus laboriosam et iste officia provident. Facere officia a voluptatem. Quibusdam rerum optio itaque minima qui quos sint. Molestiae tempore corporis necessitatibus minus. Dolorem nulla enim dolorum molestiae.

Commercial Real Estate Developer

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”