Firm Being Cheap - Is it appropriate to talk to HR?

I'm about to enter a large asset management firm as a first year analyst. I live in the US and went to college in Boston, but I received the job offer from an internship I had while I was studying abroad in London.

The problem is, the firm is basically treating me as if I am a UK citizen. They are processing my work visa for me, but they wont pay for my flight or any of the other relocation costs associated with moving overseas and shipping all my crap there. This, combined with the fact that our signing bonuses have been delayed to our first paycheck (and you get paid monthly in the UK) is going to prove difficult for the first month and a half-- London is a pretty expensive place.

I have friends who are making the exact same move (US-London) but they are working in IBD of BBs and all of there expenses are being taken care of.

Can anyone offer me advice as to whether or not it would be appropriate to talk with HR about this? I understand the economy sucks, but I sorta feel as though the firm is being cheap and I getting the short end. Even still I dont want to burn any bridges over a few grand, especially before I even start my career.

Any advice would be helpful.

Best

 
Best Response

Talking to HR really shouldn't help in this case as it should be more a matter of policy than a matter of them being cheap with you. If you call HR, they will probably give you the same stock response that you've been given before, which inevitably leads to a "no," or, worse, they could get intouch with your superiours and start asking them questions and bothering them - knowing HR, they will probably screw up the questions anyway and cause even more of a delay. Your best bet is to either deal with it, or contact your business manager or supervisor (if you happen to know either of them) and ask them if this is normal, or if anything can be charged to the team for travel. It is a long shot, and probably better to not even bother, but if it's really an issue, I think getting in touch with your specific business unit should be better or at least less chaotic and obnoxious, than dealing with HR.

IBanker www.BankonBanking.com Articles, News, Advice and More Break Into Investment Banking

 

My feeling is that you should be happy that you have a job. I know it sucks not getting your flight paid for (which is kind of bullshit) and your things moved. My advice would be to get a credit card and know how much you can spend. Once you get your first check pay it off in full and slowly adjust to London.

I don't know how much stuff you have but just bring the bare essentials (clothes). You can always have some other stuff shipped to you if you really need it.

And yes HR would probably not be of any help.

 

Recusandae eveniet molestias iure et corrupti. Molestias vel est magnam sit. Vel possimus aliquam eos.

Impedit sequi sunt incidunt molestiae. Accusantium itaque et ea. Minus soluta dolore porro ipsum ipsam omnis nemo. Et officia ad exercitationem eos. Numquam cumque ut maiores similique ut nesciunt consectetur ex. Necessitatibus est quos sit ab beatae minus sit.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”