4 ms·
I worked for a large investment bank a good few years ago. It was probably the crappiest job that I have had in terms of job satisfaction. There was a high staf
by collyw 7y ago
I worked for a large investment bank a good few years ago. It was probably the crappiest job that I have had in terms of job satisfaction. There was a high staff turnover and the answer was to throw money at the problem and keep the churn going.
It seemed to work for them.
- kevstev 7y agoI also worked at a few IBs before I came to the realization that one was just worst than the next. I thought that they worked by underpaying people just out of school, but dangling the carrot of big bucks that always seemed just out of reach (maybe next year I will get the big bonus!) and then churning and burning. I am back in finance at a private company, and I am part of our on-campus recruiting efforts, and I frequently tell candidates "listen, take a job with one of our direct competitors, that's fine, but whatever you do don't take an offer at an investment bank if you can avoid it- they will just work you to death largely filling tech debt and you won't get the opportunity to work with the truly best and brightest..."
- ozzyman700 7y ago>I thought that they worked by underpaying people just out of school, but dangling the carrot of big bucks that always seemed just out of reach (maybe next year I will get the big bonus!) and then churning and burning. How do they work? currently at an IB and unsure about continuing, everyone seems apathetic