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> For example I have worked in a top-tier investment bank. One year, they had a particularly bad year (because markets were just bad), so while traders in some
by kevstev 7y ago
> For example I have worked in a top-tier investment bank. One year, they had a particularly bad year (because markets were just bad), so while traders in some cases still got bonuses, nobody in the entire Technology Division (since they were seen as being more replaceable) got a bonus. They made up for it by giving everybody a bump in their title (with no bump in pay).
This sounds exactly like my experience at Morgan Stanley. Your entire post sounds a lot like my cynicism after working at IBs for a few years.
Get out as soon as you can. Seriously- I went to a tech company and it literally changed my life. I was in a "prestigious" role but still felt absolutely like a second class citizen to anyone in the "business." I have never felt like that since I left, not even for a moment. DM me if you want more details/encouragement.