Considering leaving my job after 4 people quitting within a year

So to make a long story short, the team was fully staffed at 6 and now it's down to 3 with one person leaving in 2 weeks. It's going to be a shitshow after he leaves and I am already stressed out so bad I barely get any sleep. I'm applying for jobs and waiting hear back. Should I abandon the ship before I find something?

Thanks!

 

Is there any reason why these guys left? 4 people jumping ship is extremely unusual for a team that size. I'm just curious, but why haven't people been brought in to help fill the gaps as people were leaving. Likewise, is there a toxic culture within the group? I know I'm asking a lot (and if you want to answer my questions in PM, I totally get it), but it's hard to suggest what to do here without knowing more details.

 

The people that left was for more money at the other places. On top of the work load and clients being super bitchy, it's a lot to handle. Plus management is doing management things. AKA not listening...

Greed is Good!
 

When fully staffed, is this a good place to work? Or have people left because they can't wait to get out the door? Are you confident that picking up the slack here will be rewarded come bonus time? Maybe the effort now will pay dividends.

If the sacrifice won't pay off, don't quit your job but you also shouldn't sacrifice your well-being. Even if you start dropping the ball because you needed a few hours of sleep, what's she going to do? Fire you? You've got time while she restaffs before you're expendable. Do the minimum (or less) and dedicate hours to looking for a new gig. Way easier to find when you already have one.

 

Ask both the boss is he/she planning to recruit and the people who are leaving/have left why they left. I've been in similar situation such as yours and i was really close to quitting (have my letter ready and informed both the HR and my boss) until my boss decided to hire/lateral some of his previous subordinates into our team and gave me around 30% pay increase.

But do start looking for a new job asap and keep looking until you feel comfortable with the situation with your team.

 

during times of crisis and or massive change can work out very much so in your favour. keep doing what you're doing to be useful but at the same time, would not hurt to stash a life jacket under your suit in case you need to jump ship.

good luck

 

Mollitia unde molestiae consectetur quibusdam culpa sunt odit. Iusto qui provident rem perferendis quis et molestiae. Numquam quia porro et ea nihil aut. Quaerat quis iste cumque qui.

Consequatur perferendis eaque magnam tenetur consectetur quis architecto. Dolores eius iure qui fuga quod placeat voluptatem.

Nihil quo ea quibusdam ut temporibus sed voluptatem. Ullam odit laudantium vitae iusto debitis. In quis et inventore ad esse sunt ipsum similique. Sint non est autem.

Delectus voluptatum qui eaque provident aut nisi perspiciatis. Ut ut ipsam vel est molestiae. Voluptas ducimus odit aut.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
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...”