How to explain firing? IB
I worked at an EB in IB . It was 8 months of a lot of verbal abuse and gaslighting from management. Sort of just bit the bullet on it as I didn't want to be that guy and complain. I'm not trying to make excuses as this isn't the point of the post, but I ultimately got let go from seemingly what was some office politics.
HR was kind enough to have the language of my termination as a "mutual separation" rather than a firing. I'm technically still an employee of the firm until June. Basically, on paper I will have 1 year of experience, but I'm on "paid leave" in the period from now until June. Confirmed with HR that during future employment confirmations they won't say I was fired, they will only confirm the period of employment (until June).
How do I explain this to future employers in interviews? As far as they will know, I am still technically working there, but I want to have a concrete explanation for why I "left", as that is what I would probably just say.
Comments ( 6 )
happened to me. it's crazy that people don't understand that a young kid fresh out of school can't possibly know if they are walking into a toxic environment due to some idiot being emotionally dead inside. office politics are the dumbest part of this life.
Good that you are technically "employed" until June. Might be able to find a job by then and not having to explain yourself much.
Grind, grind, and absolutely grind applying to other jobs and positions. You're at an EB so that's a great thing that they allowed you to do that. It happened to me as well, worked similar time frame and just landed a new role elsewhere. Toxic environments suck and it's so stupid they don't want to change the environment and rather just push junior people out. It also doesn't help the economy seems to be sputtering so the situation is just worse. I'm sorry it's happening to you man.
I'm telling you that if you set your job search broad, you will find interviews and opportunities. If separation is guaranteed, I would go so far to turn down work during that time and just grind interviewing. If they staff you on things, tell them no. You do not have to disclose you are being let go during this time, just explain that you don't feel it's a fit. I would opt for a different industry group when leaving your bank. If you want more in depth advice I can PM you if you'd like.
To be quite Frank, the culture was so bad they refused to staff me on any live deals... had me doing BS work... haven't touched a model in a year since my last analysts role, so it's hard for me to even quantify my experience and I know with an EB on my resume there will be high expectations.
Given I am still being paid until June, I was thinking of using this time to pursue another venture. I'm just not really sure if IB is for me and I don't really know any of the intricacies behind PE to go into an associate interview (associate as I am getting recruiters reaching out to me for AS1 roles at PE firms).
Thank you for the thoughtful comment, in a weird spot tho
Haha) Thank you) I recently read an interesting article "How to understand that you will be denied a job." And it's all psychological stuff, just like here. In general, when you work in a team, it is very important to be a good psychologist
Et aspernatur voluptatem nisi. Quod dolor perspiciatis quasi sapiente praesentium aut recusandae. Fugiat quod iusto alias tenetur aut accusantium. Veniam velit ut exercitationem natus. Dolorem dolorem saepe totam qui. Libero ad nobis ab aspernatur ullam ipsa.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...