Examples of a "bad" group culture and sweatshop or just "standard" in banking?
What things would you consider items that constitute a bad group culture versus just being the "culture" of Bulge Bracket investment banking?
1st Year Analyst
I am sure this list can go on and on but I am going to stop here. I think that this is 80-90% bad culture and sweatshop/crappy group and maybe 10-20% weighted to just banking being banking... What do you guys think? Do you guys have similar experiences?
Bad culture or normal for BB banking?
1.) Getting staffed with new people you have never worked with and they don't take any time to introduce themselves, tell you about what the project is, and just directly assign you work? (leaves a bad taste in my mouth)
2.) Being on a project with a team with an MD you have not worked with before and they never introduce themselves?
3.) VP's that constantly forget to include you on email chains and you have to hear everything from your associate and there is a stupid lack of flow of information?
4.) Associates who like to stay up to 2-3am working on pitch-work and review your work and then see one thing is off such as a missing logo or 1 number, and type an email to you to fix that one thing, instead of just doing it themselves (happening at 2 am on a random pitch)?
5.) Associates who you have to manage because you don't know what parts of the project they are working on and the timeline they want to shoot for etc...?
6.) Associates who don't seem to check over their work?
7.) Associates who you email a final product to at 5pm and then email you at 1am to turn comments and make simple changes for something that needs to get out quickly?
8.) Associates who tell you to do things that they do not even know how to do, and they don't know how to and don't want to help you with it?
9.) Associates who take a long time 15-30min to respond to your emails when it is late at night and you are working on something simple that just needs to get out?
10.) VP's who will only talk to your associate, and you never know what is going on with the project or email flows unless your associate tells you or you ask your associate for color?
11.) VP's who tell you to just "grab work and what you can" on projects and don't seem to make any effort to inform you on what is going on or expect you to be helping on things?
Seems pretty normal? Especially during WFH I don't really feel like I'm part of a team.
Normal even in corp banking too sadly. We lost 3 juniors in couple months now. Just remember management will never care, take care of yourself first
Seems pretty normal to me
1.) Getting staffed with new people you have never worked with and they don't take any time to introduce themselves, tell you about what the project is, and just directly assign you work? (leaves a bad taste in my mouth) Mediocre culture, but ultimately doesn’t matter much.
2.) Being on a project with a team with an MD you have not worked with before and they never introduce themselves? See above
3.) VP's that constantly forget to include you on email chains and you have to hear everything from your associate and there is a stupid lack of flow of information? Bad VPing / sort of bad culture
4.) Associates who like to stay up to 2-3am working on pitch-work and review your work and then see one thing is off such as a missing logo or 1 number, and type an email to you to fix that one thing, instead of just doing it themselves (happening at 2 am on a random pitch)? Bad culture / bad associates. Reply in the AM
5.) Associates who you have to manage because you don't know what parts of the project they are working on and the timeline they want to shoot for etc...? Bad associates — let them take the fall
6.) Associates who don't seem to check over their work? See above
7.) Associates who you email a final product to at 5pm and then email you at 1am to turn comments and make simple changes for something that needs to get out quickly? Bad culture / bad associates
8.) Associates who tell you to do things that they do not even know how to do, and they don't know how to and don't want to help you with it? Bad associates — play dumb
9.) Associates who take a long time 15-30min to respond to your emails when it is late at night and you are working on something simple that just needs to get out? Bad culture / bad associates. Go do something else while they’re lollygagging
10.) VP's who will only talk to your associate, and you never know what is going on with the project or email flows unless your associate tells you or you ask your associate for color? Didn’t you ask that already?
11.) VP's who tell you to just "grab work and what you can" on projects and don't seem to make any effort to inform you on what is going on or expect you to be helping on things? Not sure what this means — is this what you’ve asked 2x before?
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