Leaving a few months after starting a new job
Guys,
Everything is in the title. Left a few months ago my acquisition role at an established (institutional) firm after 2 years for a more aggressive fund (top 10), however in the secondaries team. The company has invested a lot in me (training, full bonus, etc.) and I would feel very crappy to leave them, but I really don't enjoy the secondary business. Mostly consists in reviewing business plans I used to make by myself, chasing GPs, assisting annual general meetings of funds we have invested in, etc. I miss the excitation of working on fundraising, detailed market studies and modeling BP by myself. I recently got approached and have the possibility to join the acquisition team of a Blackstone/Starwood type of fund.
Should I do it? or should I take on myself, stay at least 2 years into the job, and then left once being promoted with a couple more deals under my belt?
Bump
Imma be honest bruh, take the new offer and leave. Yeah it’ll be an awkward couple of weeks but you will be happy you did it in ten years and the current coworkers that you’ll piss off will forget you exist by then
I would like to, but I need big balls to announce it to the team.
If you’re not happy, start looking now. It’ll probably take 3-8 months to find something new. It’s just a matter of explaining this wasn’t as strong a fit as you thought and you want to move back. Easy peasy. And make sure the next spot you move to is a good fit, that way you can stay for 1-2 years and not be labeled as a ‘jumper.’ There’s absolutely no reason to be unhappy in a role. Do what’s best for you. Your company sure as hell will do what’s best for it.
Understood. I already have some interviews booked. However, I am really afraid that the team takes it personally as I am now part of a satellite office, have been trained in the big Apple for free, and received a lot of perks. Maybe if I got an outstanding offer they can understand…
The team may be upset for 12 hours. And than they won’t care. Just like you won’t care if they leave. Costs are costs and training is training. Life happens. Do what’s best for you. Not them. In this instance, be selfish.
Leaving a company that early is not a good look, but neither is subjecting yourself to something you don't like when you have other options out there. You don't get any points for being a martyr and life is too short. Make the jump and be genuine in your rationale.
Here is a question for you Mr. 74k banana points. I have been at a job for 9 months an I am currently being recruited for a job that is nearly a 55% increase in salary. If I get it should I take it?
My company is going through a merger and my boss is actively in the process of promoting me. So I would imagine if I survive the merger I will also get a very large bumb in pay and the company I am currently at is going to be top 10 in the US so I would assume going from a nothing bank to top 10 bank would mean they would increase my salary pretty big.
Never stay in a workplace out of sympathy or guilt. Your colleagues/ manager would have left if they got a better opportunity. Our careers are always solo paths.
Trained someone who came and left in a month for a role that fit them better. They were pretty frightened about the conversation (took me out to lunch before it happened), and I wouldn't have wanted to be in their seat for the conversation of a 4 week resignation, but absolutely would've taken their seat at what they were leaving for. Just make sure that role is right for you, and you'd stay there for a couple years maybe more. Individual I'm speaking about did that, and then 3-4 years down the line jumped into a new, great role at a great company. The brutal conversation is now a blip in her/his past and effectively inconsequential
Bumping this thread since I am in a similar boat...
Would you keep the job you're about leave on your resume if you've been there for 4-5 months and updated your LinkedIn, told network, etc?
I went through something similar early in my career as well. I don't have my "short" stint on linkedin or resume. I got the same experience at the place I jumped to, and once you're 3-4 years in, a couple months of experience doesn't add any value to your resume, but what it can do is make the recruiter / MD think you're more likely to be jumping around. Not worth the risk. Also, my short stint was 8 months and I still leave it out.
So how did you approach interviewing? Did you imply you were still at your prior job?
OP, its very common and normal early in your career to feel more emotional attachment to a job and have guilt over leaving, I've been there and think everybody here can probably relate. One of the biggest changes as you get older and more experienced is learning that nobody really cares and will understand people have to do whats best for them personally. Your bosses/mentors may momentarily be slightly upset that you're leaving, but any quality person worth maintaining a professional relationship with will also be happy for you and supportive. If your gut is telling you its time to move on, just rip off the bandaid and I guarantee you that any guilt or anxiety you are having will be totally forgotten in a couple weeks, and your old team will pretty much forget you ever existed not long after that.
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