Hey chimps. Just wanted to share my experience from earlier today. Wondering if others find themselves in the same position?
"You're good, but you just need more revs, and that's our fault. We need to get you more revs before you can be an associate", says the VP in his feeble attempt to get me to stick around for a 3rd year. Mind you, this request to stay came no more than 45 seconds after him cussing me out about his own error in front of others. I had made it clear that in order for me to stay, I wanted the associate role. No more profiles, PIBS, spreadingmeeting invites.
"It's not an age thing," he says, "you have great deal experience, you're great with clients and have solid modeling skills. However, we just need to get you more revs before you're ready."
Revs huh? What are these rev things that you are referring to? Are they like reps in sports or weightlifting? No. those are numbers. They are quantifiable. You have a one-rep max, not a one-rev max. Seems purely subjective to me. How do I measure them? If they are purely qualitative, then how do you quantify them in a manner that would suggest that I need more of them?
I had been pressing the case to be promoted to associate for several months now and I have yet to be provided with a single quantitative measurement whereby I fall short, hence, my decision to leave after my analyst stint. Basically, it sounds to me like you want to have me do more work with greater efficiency than newer analysts, and you don't have a solid reason not to promote me to associate other than the fact that you want me to be cheap, experienced labor.
After questioning the VP about what a "rev" actually is, he switches the subject.
"Besides, a 3rd year is basically an associate. You do better work and you will always have a 1st year working under you."
I would agree, except for the fact that unlike a 3rd year, an associate makes $75K more, doesn't have to do PIBS, profiles, spread comps, and actually attends most meetings instead of sending meeting invites. Not to mention that 3rd years don't have anyone underneath them to help with the grunt work at our shop.
"Well we can debate on the philosophy of what being a 3rd year entails, but just wanted to see if there something we can do to get you to stay."
Philosophy? There is nothing to philosophize about. No mental masturbation needed here. Just quantifiable, presentable facts. You've told me that I can do everything that our current associates can do, yet don't want to promote me. Want me to stay? Associate. No? I'm out.