Why do people usually do 2 years banking, 2 years private equity and then startup? I don’t really see people sticking in private equity? Do they get laid off or they just want better work life balance?

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Think it has to do with the fact that a lot of these firms are very crowded at the top and people stick around for decades so not a lot of seats available. Also the partners don’t want to give out any more carry/ profit sharing than they have too…

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Yeah that too. At a certain point a lot of people realise that no amount of money is worth not having a personal life.

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Impact and lifestyle are two big factors

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Dude the buyside sucks

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PE firms usually have two year Associate programs and once the program ends only 20-30% are invited to stay and keep climbing their corporate ladder. Most people who leave after 2 years did not make a voluntary decision.

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I work at a MF and have seen countless associates leave. Also have many friends who've been through this. Also firms are fairly straightforward about this during recruiting and it's a well known fact in the space. Many associates who don't get promoted go do an MBA and some go back to PE at a different firm (usually less "prestigious" than their initial firm)

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Related Posts

Been with D for 8 months. This is my 2nd job in 2.5 years but thinking of jumping ship with all the lay-offs in my area. Will I be seen as a job hopper? Really like it here don’t want to be laid off.

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Best consulting exits for work life balance in SEA?

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Hi All, need suggestion in choosing new opportunity & role. Currently working as AWS Engineer with 6.5 YOE. Having opportunities: 1. AWS Developer -Deloitte USI - 15fixed + 0-10% Variable + 4LJB (retention bonus) 2. Sr security Analyst - AWS IAM - Sony India software centre - 17.5fixed + 3L Variable. Im very much interested in AWS Developer role but scared of WLB at Deloitte. Sony have a very good reviews and pay also better only concern here it is cloud security and limited to only AWS IAM.

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Any recommendations for a second year post MBA investment banking associate looking to leave banking? Have done healthcare coverage and like healthcare but banking work life is just not sustainable. Appreciate any input.

In 0-10 scale, How would you rate NIQ in terms WLB?

helpful

I am working in a service based company and got selected to work for Amazon india project (which is our client) after 2 rigorous rounds of interview. How is the work there and wlb. Is it worthy. Tech stack Java, Springboot, Aws.

I'm a cashier. We just got a new manager, and she's making things really hard for us. She starts work at 4:30am and leaves around 2:30pm, but she still expects us to stay until 6pm and work on the weekends! She gives us really long shifts and doesn't give us much time for breaks. And when we ask her about it, she gets mad.

I'm worried that if I speak up, she'll make my life even harder. I don't want to lose my job because of this—do you guys have any advice?

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Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

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I have an offer from
Target Corporation -- TC 30LPA as a Sr. Engineer(Full stack)
And
Rubrik -- TC 30LPA + 750 RSUs as a Sr. Full Stack Dev

Really confused about where I should go,
Target tech stack - CQRS Java Spring boot microservices, React, Postgres, Mongo(The tech stack I am comfortable with)
Rubrik tech stack - Python Microservices, Postgres backend and Angular fronend.(The tech stack I have never worked with)

It comes down to Tech stack and WLB, Where should i join?

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Hi All,

Can some1 tell me which company is better wells fargo or Natwest in terms of wlb, year on year appraisal, work culture and diversity candidate?

Thank You in advance

I think everyone will agree with this that in last 1-2 years we have seen a tremendous change in Indian IT industry and tremendous growth in Salaries and negotiations. Can someone explain me the factors that are triggering it even when the world markets are in huge correction phase and we are also seeing layoffs and revoked offers.

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[query] Is it a good idea to say a firm No due to medical reasons to a new night shift project I'm hired in?Accenture

I recently got a night shift project (2 days ago) that requires me to work from 10:30pm till 7:30am

I'm not comfortable with these timings and I'm thinking to ask my manager to put me on Bench (Due to medical reasons that involve mental health)

Is it a nice idea to say a firm No to a new project I'm hardlocked into, due to night shifts?

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What is a good interview answer for leaving a job after a few months when the real reason is that you’re sleeping with one eye open in hopes of not being on the chopping block after two rounds of massive layoffs? Company culture is at an all-time low, and it will only go down from here from what I’ve seen in the short months I’ve been there.

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Any ideas about the securities technology audit associate role in an investment bank? Work life balance, salary range, career prospect? I’m an IT consultant with 3 years of experience. Will it be a wise move? Please share your thoughts, appreciate it :)

Will companies know that you got laid off if they do a background check?

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I have an offer from first American and harman shared services . Which one will be better to join considering work life balance .

How much in hand I'll get in Harman shared services?

Post Photo
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Does anyone else just not even want to be a people manager anymore?! The amount of work this is taking, I’m just so over it. In addition to them piling on my work (which is a full time job) the people management stuff is just as much a full time job that no one in management seems to take into account. I have tried countless times to explain this but I end up burnt out, everyone suffers including me. I just left one role bc of it and now this new role, same thing. I’m over it.

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Is anyone feeling especially burnt out lately? I’ve had to work weekends for the last month. I know deals are sporadic but it feels like they have consistently ended up this way where I’m forced to work weekends. Getting frustrated because pay has also slowed down.

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Has anyone made the jump to work as a
fund accountant? Need some info (is
there a busy season, what are the hours
like, workload?) any info would be
greatly appreciated. Thank you

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More Posts

Hi,
I am Mahesh
Now ready to join immediately for Accounts Payable with 25 years experience in proper books keeping and accounting of manufacturing tower crane and civil engineering. I hope you are doing well for me.

Thanks for your support.


Yours Sincerely

Mahesh Shinde

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“i just fell asleep in the elevator”

likefunny

Hi, Can someone guide me which product based companies are good for a linux administrator with 4+ years experience. It will be helpful to move forward with clarity.

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Currently looking for Tech consulting/ Implementation consultant/ privacy roles in London. I have both CIPP/E and CIPM.
Please let me know if you know any roles that are available? Or any recruitment agencies you can refer me to

Thank you

Just got a new kitten. We already had a cat that is 4 years old. She has never hissed ever in the two years we had her and now she hisses at the new kitten. We are doing slow introductions between doors and things like that, but there seems to be very little improvement. Any other tips or tricks anyone can provide?

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Are any of you fun people hiring for client finance analysts / associates? 🥺👉👈

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Does EY GDS provide joining bonus? I have already accepted offer from Ey, Can I ask HR now for JB?

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Hi Everyone,

Hope you all are doing well. I'm shifting to Pune next month. My office location is in Platinum Tech Park, Panchshil, Ganeshkind Rd. Pune 411005.

I just wanted to enquire about how is the are aroud that place? Is the area happening or it's in outskirts? Any 1 bhk available nearby that location.

Any constructive suggestion/discussion is appreciated 😊

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Any utilization review nurses working at an insurance company able to share if your company requires work on weekend/holidays? If so, what work do you do on weekend/holidays snd do you work s full day on those days?

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Is anyone here an analytics engineer? If so what do you do, and what are the main differences between your job and a data engineer?

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What’s the best ergonomic mouse y’all recommend? Can you please provide a link? TIA

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Dear Friends, I am looking for an IT Project Manager job. Let me know if you have any opening for this role. Work experience: I have 13years of experience in the IT industry.

Key Skills: Project Management, Customers and stakeholders management, worked on Cloud migration project, worked on new customer transition, Transitioning project to BAU,IT operations

Technical Skills : AWS, Azure, VMware, Windows Server 2012/2016/2019

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Hi All,

I have offers in,
Fidelity Investment (equity sec) : 20.5 LPA + 3.0 L (variable) = 23.5 LPA
Wipro (Apple project) : 25LPA
Verizon : 26 LPA
I have got my retention proposal for 23.5 LPA at my current company.

Do anyone have idea on wlb in FIS and verizon. Is it a good idea to accept retention..
Which one to choose?
YOE: 8.0
Teach stack : java, Spring boot,Microservice, docker..

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Do any your companies offer a daycare subsidy?
If you do what amount do you offer? Can you let me know the size of your company?
Thanks

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What are AFS’s education benefits - do they provide free udemy / learning tree accounts for self study?

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I am new to United Silver and I purchase economy tickets. Is the best strategy to check in exactly 24 hours ahead and switch my seat to an open economy plus seat?

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Have full-time post-MBA offers from Bain big MCOL City and McKinsey small-ish M/HCOL city. McKinsey city is close to home and where I want to live long term, but I have really vibed with the Bain people.

How do I structure my decision making process?

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Has anyone ever used Accutane and then several years later you still have small, occasionally breakouts? Any suggestions?

Any Energy folks here? Thinking about a move…

Interested in what you’re earning / any places you know hiring. I’ve got 6 yoe with extensive experience in networks / retail working on decarb / strategy / economics / reg - any ideas?

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Additional Posts in Finance Exit Opportunities

Stay in corporate credit risk at a BB as an associate or transition to corporate banking as an associate at a regional bank. Cannot decide! Please help?

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When you’re looking to make an internal transfer, what forms of of networking work best?

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GP Stakes and PE secondaries: how good is the medium/long term outlook for the market and would a niche specialty in these areas be very limiting for my career?

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Any recommendations for a second year post MBA investment banking associate looking to leave banking? Have done healthcare coverage and like healthcare but banking work life is just not sustainable. Appreciate any input.

What is a realistic salary to negotiate for when applying for a VP position in Risk? Currently have 5 years of experience

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How long should I wait to hear interview result? I have had over five rounds at a firm including rounds with senior management. The interviews went well. After following with hr, they say they are waiting for feedback on other candidates. Fair enough, but it has been almost a month and hr is not giving me final word on whether they want to hire or not. Any advice on what's happening here?

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Does anyone know about Sales Strategy and Operations roles and how the career path looks? Ultimately looking to break into venture. Currently in TMT IB and have zero interest in PE

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What does everyone think of LinkedIn Premium (the $30/mo pack)? Is it worth it for a job seeker with 1-2 years of professional experience?

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Currently a MS finance student. Recently secured a year long internship with the Federal Reserve researching commercial banking conditions. The role is tech heavy (python, R, Sql etc ) What kind of roles can I look into in the event there’s isn’t a return offer? Thanks

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I came from a consulting background in tax credits and incentives. I went into finance to pass the time on my non compete clause from my previous firm, but now I have an interview at EY and I’m not sure if I want to give up the work life balance. Any advice?

Anyone aware of Australia or Singapore recruitment firms? Pre-MBA

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If your base salary is materially under vs. market due to firm salary freeze despite fighting for it &directors pushing for it. Yet you have strong support to progress internally. Would you leave?

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Is anyone familiar with post IB exit into something like IR? Still new to the game and other than PE (due to the herd mentality), I don’t know much about other exits for better work/life balance. If anyone has insight on type of work, recruiting process, and comp it would be super appreciated. TIA

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What would be considered great operating exit ops at startups coming from VC?

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What are the best and highest paying exit opportunities for someone who worked in deals advisory at PwC for 3 years and is also a chartered accountant (this is the person’s first job, so no prior experience before this)

What do you guys think about a career in investor relations / capital formation for a decent size PE. I think principals get carry.

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Trying to think of some places to leave Citi for. Already applied to JP and GS. Someone reached out to me today via LinkedIn after one of my posts of places I’m looking to relocate to and they recommended Capital One. Never even considered them. Anybody know anything about them? Good company to work for, good culture? Any negatives?

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Anyone here know/work at Facebook? Recently applied to a program there and would love to connect and chat further

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I’ve been in non-profit finance for over 6 years, now looking to go into compliance. I’ll appreciate any advice I can get.

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I’m asking to get my notice period waived. I have a 30 day notice period per the employment agreement I signed, but it says they can waive it at any time after I gave notice. Im not going to a competitor or even the same industry. How likely is for my current firm to allow this?

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