GS asking to take a year back for lateralling from an EB with no upfront compensation to offset. Would want to move for various reasons, but it doesn't feel great. Thoughts?

like
Posting as :
works at
You are currently posting as works at

If everything else is perfect, do it. A year in a career is nothing. Also depends which EB.

like

If it’s really an EB, and not just a B: don’t see why a credible firm would ask for a year back unless your experience was less relevant to new group...

like

I’m not sure if it’s worth it just for the GS on your resume. Like the above poster, it depends on your long-term goals and which EB it was. Lateraling from an Energy EB team to GS TMT? Yeah, I’d take the year back. Lateraling from Evercore M&A to GS TMT? I’d pass. If you’re planning on staying in IB for the long haul, I’d stay with your current firm, unless the culture fit at GS is just so much better. If you’re trying for the best buyside opps, then maybe GS would be a better fit.

like

Also, not sure if this applies, but I've heard this happening if you didn't get any/much deal experience.. EBs don't always kill equally!

like

If you look at upside ans this is a better place to be, then year is nothing. If it fits your career path. Do it.

like

Related Posts

Anyone knows how much does a senior director corporate strategy at diagnostic company such as Siemens Healthineers make? (Base, Bonus and LTE for someone with over 12 yoe)

like

McKinsey & Company Strategy& people are getting a $4500 special recognition bonus on top of the annual bonus!🤑

How are y’all firms doing?

Boston Consulting Group McKinsey & Company Kearney Oliver Wyman Roland Berger

like

Hey team - currently negotiating compensation at a series C US based startup. Director level with 50% travel to APAC. Reporting to COO. What comp should I ask for?

like
like

Is 120k+super a good salary for software tester (manual) with 7 years of experience in Melbourne?

like

I was at Big 4 consulting for a year before lateraling to ACN recently. It’s been about 6 months at ACN. Now I have an industry offer for Product Manager, which has been my eventual goal. Would it be too soon to jump? Or should I stick around for better exits in a couple of years may be? I’m worried the frequent changes won’t look good on my resume
4 YOE overall, TC at Product Manager is about 20-25k > ACN.

like

Are there any roles for non technical people at companies like Mastercard and Visa?

Currently I am working at a Fintech product company.
MBA with current package of 11.5 lpa
And my skill sets include SQL, ms office, data analysis, data mining, SAS, Hive, Power BI
Mastercard

I am considering pivoting to product management. My background is in engineering and I manage engineering teams. Would I be able to clear 150k?

like
like

Is capgemini worth joining? Please share light on work culture, job security, projects and other benifits.

Honest opinions please.
Yeo- 3.5

like

Hi folks,
I have been offered the role of Senior Associate BIM at Axtria with a fixed CTC of 16LPA. I have 3 years of experience in data engineering. I have another offer of 16 LPA from Deloitte India, should I negotiate for more with Axtria?

Also, I have selected Pune as my location, so will the on boarding be a virtual one?
Thanks.

Can anyone give me an idea of how much max compensation Commonwealth offers for a 7.6 yrs exp data engineer.??This will help me to negotiate.

like
like
smart

10 years sales experience selling eyewear to eye doctors. If I were to transition to tech would I have to start as a BDM? I think that would be a pay cut for me. Thanks

like

Anyone here exited to Lazada for a VP level position? What salary should be expected ?

like

Happy Chinese New Years everyone! Wish y’all get loads of bonus.

like

Is charging $1 per word reasonable for someone w/10 years of copywriting experience?

like

Is there anyone with 8.5+ experience resigned from tcs? If so, did you get any DCA hike as a retention? Pls help. I am looking for some information

like

More Posts

My current salary is £75k in London doing AML/KYC at GS. I have 3 years of experience total. Do you think that's low, high or average?

like

How do Atlanta peeps like their Forensics practices? Trying to gauge which firm has the most interesting work

like

Here is my idea for a startup! I collect all the data from career transitions and use Data Analytics to predict the most likely career transitions. I could start with consulting. What do you guys think about this? I would be able to predict based on your firm(mbb, big4), your experience, which role you are likely to move (Faang pm, strategy manager, move to mbb). I have all the data to do this, but wanted your thoughts. Would the output of this be relevant to you?

like

What are some of the coolest ways you’ve been shown appreciation? From admin, teachers, staff, students, parents?

like

EY Interview - Business Consulting - Technology Risk - Senior

Hello All,
I applied and ended up getting an interview for a Business Consulting Technology Risk Senior interview at EY. I have a call with the recruiter tomorrow to discuss opportunities within the service line. Can you please help if anyone has been through this process? What should I expect in the call tomorrow as well as the process? Is it going to be difficult for me to get the job? I really want it!

Thank you.

like

This bowl is for folk working/want to work in Target Tech

like

Should I start Landry, ARob, or Anthony Miller this week in one of my WR spots?

31 F, looking to date seriously and have a true connection, Nj area

like

I feel like I am very naive and cannot read between the lines, so I can’t tell if someone is trying to fuck me over or not. This leads me to be extremely skeptical of others’ intentions, and makes me less confident that I can influence others, and in general really erodes my self-confidence. Does anyone else feel similarly? If so, how have you dealt with it?

like

Do you think it is easier to overcome cheating in a relationship that has or does not have children involved? Listening to an interesting podcast and would love to know peoples take on the topic

like

Gotta keep the Omega ready for that 1 time a year when I'm ready to wear it. My wife thinks I'm a pshyco 😀

Post Photo
like

Do y’all carry cash? Like i know carrying cash is a good thing to do by how much average do y’all have on your person at a time?

like

Happy Halloween! Who says Financial Professionals are not creative? Share what you dressed up as for work today?

like

What would be the best method to transition from a financial advisory role to a more financial analyst focused position? Is this type of move unheard of/too difficult to do?

Where to learn data structures and algorithms in java and would I be able to crack big product based companies like maang and adobe with Dsa and system design?
Looking for some good quality resources, preferably free
Thanks

like

Adderall withdrawal ain't no joke

Post Photo
funnylike

hello all,
I have joined CTS on dec-2021 ,I have been assigned to a support project i had 2 years of java development experience before joining CTS ,i have asked my reporting manager to provide release from the project but he is denying it now whom should I approach plz provide me your valuable suggestion

I have short neck.... should I wear polo tees...?

like

Is project allocation an issue for front end(ReactJS) folks at Nagarro?

like

Additional Posts in Investment Banking - IBD

Anyone have an opinion on Paulson Investment Company? Was approached about a business development opportunity.

like

I’m four months into my job and I got put onto a PIP. I worked so hard to break into IB, put up all the hours and even working 2am nights for weeks, learned a ton, and improved a lot along the way as the sole analyst yet this happens. I’m extra worried because it doesn’t seem there’s IB analyst positions out there. Im really hoping come January more positions come up but I’m just praying they don’t fire me until then. Anyone have general tips for this situation?

like

What do you guys listen to when cranking out models? I’m always on rap but my coworker listens to classical

like

What kind of bonuses do EY, Deloitte and GT guys working in M&A Corporate Finance make in UK? I’ve got offers from the three - a mix of AM and M levels and would appreciate any insights. Thanks.Grant Thornton EY Deloitte

likehelpful

Steel Case vs Herman Miller

Is Herman Miller the undeniable winner in the office chair market or is Steel Case a contender for first?

like

Anyone know of any banking analyst lateral opportunities in Chicago? Looking to jump to BB/EB. Any insight to the shops around here is much appreciated!

like

Is breaking into equity research/coverage teams as hard as breaking into traditional advisory/M&A IB being from a non target school with a non finance degree?

like

Difference in A1 stub bonus when joining in March vs. summer as usual? I’m joining early, but still part of the 2022 Class.

like

What does compensation look like for corporate bankers at associate/vp/director level at BB banks (think Citi/JPM/BAML)?

like

Anyone willing to refer me for an M&A role in IB in London? I don’t have any contacts in IB but I’m a first year manager in M&A at Big 4, ACA qualified with first time passes.

like

IBD Nordics members?

like

Thoughts on HSBC for ib?

like

Late stage analyst 1 at a mid-market heavy TMT focused M&A boutique in London. Keen to increase exit opps and realise it may be worth trying to lateral to a BB / name brand. Any opinions / advice on achievability? If low, what’s the best move here.

like

I have a meeting with a CEO of a start-up IB. She is meeting to help guide me in the industry (not just a job interview). What questions would you ask?

like

Current student looking for advice. I interned at RBC Wealth Management last summer and currently have 2 offers for summer 2023 that require a decision next week: 1 for BASF (chemical manufacturing) and 1 for Peraton (defense technology); I am also waiting to hear back from SMBC (S&T), Point72, Lord Abbett, Boeing, and Shell. I hope to break into banking next summer, and I’m interested in the Natural Resources, Industrials, and Real Estate industry groups. Any advice on what to do? Thanks!

like

What does your company give annually for clients as gifts for Christmas?

Just signed an offer and moving to Chicago in about a month. Unfortunately, I don’t know anyone there. Any best practices for finding roommates?

like

Could someone please suggest how to handle this situation?
My manager (Technology Director) sees me as an emerging thread to his position and stopped sharing details / trying to avoid including me in visible projects etc.,
FYI - His manager is the division head and Managing Director.
Why I think my manager tries to move me out?
- I am 18 YOE with a technically strong background
- Upper mgmt is starting to identify me as the backup for all systems. My manager tries to move me out since then

like

Anyone have any thoughts on Primary vs Secondaries PE as a career after coming from Tech M&A? Wondering if Secondaries is a good move?

like

Senior Analyst in a coverage role- tips to stay engaged during this slump? With deal flow essentially halted, where do you see juniors adding the most value and standing out during all of this?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal