Do you feel loyalty to your firm or team? Why or why not? Has your loyalty or lack there of affected your work?

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Hell no. Loyalty is for the back office.

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I will be loyal to a company once that company is loyal to me

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^ completely agree. Be honest with me, pay me fairly or more than fairly, treat me with respect and I will be very loyal. My new role is close to having all of this, we'll see on the pay progression though. It just really hurts morale/loyalty when you've been at a place for awhile and then you hear what the new hire sign on package is for your same role and it's >20% more than you make.

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Never! Loyal to God, Family, Friends, Myself. My eyes opened after my manager was laid off after 12yrs of work at GS...

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Loyalty will only land you in a worse off position than your non-loyal peers in 5 years time.You're a number to your firm, so make sure you go where your long term number is highest for yourself

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I was loyal and they still screwed me

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At least the people I've gotten to know in BO tend to want to stay with a bank in order to advance to the FO. Those in FO have every incentive to jump ship for more $ or whatever, or just go buyside.

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Why would you be loyal to your firm? They show no loyalty for you, and will drop you without hesitation if necessary

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Nup

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We're all viewed as expendable in the grand scheme of things so no

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Yea and nope. Why does that matter? 12yrs regardless is a long time ... 😕

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I did until I didn't get placed into my group of choice at the end of my generalist program. Now fuck this place, I'm going to recruit hard.

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lol no.

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Why is loyalty only for the back office? Genuinely curious to hear reasons why

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Wait what???!!! @GS2 was your manager in a revenue division? And did they see it coming?

^morgan stanley ?

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