Promotions / Negotiation

I lateraled to an UMMPE去年在西海岸的公司在A呆了两年毫米PE在同一区域牢固。当我签署报价时,该公司给了我为期2年的校长(MBA后职位),并表示我会在毫米PE公司。到达公司后,我意识到三年后银行业成为校长后直接进入公司的同事。在过去的一年中,我一直在努力工作,并与团队建立了良好的关系。我对这种情况感到有些失望,因为我实际上损失了一年,并因晋升而被脱离了促销活动。横向市场非常热,公司很难保留 /雇用良好的候选人。该公司显然需要更多的主要级别员工,因此我想知道我如何有效地要求与同行一致的晋升。我只会在没有延迟的情况下晋升。你们对如何内部进行对话有任何建议吗?

评论 (12)

2022年1月22日- 11:13pm
InfidelCashFlow, what's your opinion? Comment below:

Getting an offer from another firm may help, especially if that firm is a competitor.

Had the firm not promoted associates directly to principal before you got there? If not, that's quite a bummer. That being said, it's not that uncommon to see people get docked by a year or so after they lateral to larger funds.

大批

  • 1
  • 副1PE- LBOs
2022年1月22日- 11:22pm

是的,这是一家公司通常会直接晋升的公司。问题在于,该公司告诉一个软谎言,让我签署了要约。他们没有澄清,我将从晋升的角度退后一步,这真的很糟糕。感觉就像我已经表现良好了,并且横向市场非常热。我只是想找出一种方法来导航这一点,而不会超级积极和破坏人际关系。显然对话很尴尬,但我真的不想退缩。我知道1年不会在私募股权中创造或破坏职业,但显然是一个重要因素。

2022年1月22日- 11:46pm
InfidelCashFlow, what's your opinion? Comment below:

Sorry to hear that. Do you have a mentor within the firm that you trust and can ideally back you? I would probably go to a principal / director level employee that you are really close with first and outline what you said above (e.g., people getting promoted quicker internally, you've been a strong performer, there is a hot lateral market, etc. but you really like the firm and opportunity and want to stay) and see if they think getting promoted this year would be feasible. If they say yes, great. Schedule some time with someone more senior to talk about it. Perhaps there have been some conversations about this internally. If they say no, but you still want to stay, consider recruiting and leveraging a potential offer to see if that changes their mind. If you use the latter strategy and they're not willing to promote you early, you may run the risk of jeopardizing the promotion next year (not sure if you're dead set on leaving if they won't promote you now), so I'd want to make sure the offer you're leveraging is one you'd be actually willing to take. But that's just what I would do.

大批

  • 5
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  • Investment ManagerHF - Other
2022年1月22日- 11:55pm

我会采用与其他海报不同的方法。

Rather than focusing on the fact that others get promoted on a different timeframe, I would focus on what you have done, what you bring to the table, and how you think you are ready to take the next step in your career. If you do any comparison, do it to the people a level ahead of you and show how you are operating at that level, if you can get the seniors to see you as similar to the other principals then you have a much higher chance of having this succeed.

另外,我不会提到“热”横向市场或离开等等。每个人都知道这一点,就您如何获得促销活动做出了这一点,很高兴能与他们一起继续您的职业,并希望继续增加价值。我可以给出的最大建议是,专注于您带来的价值以及在X级别的方式是我通常看到的工作。人们通常对比较纯粹的比较做出良好的反应(即X在2年内得到晋升,所以我也应该这样做)。

  • PrincipalPE- LBOs
Jan 23, 2022 - 12:45am

#1-应该在加入公司之前进行尽职调查。那完全在你身上。从一个在我职业生涯的类似时刻犯同样错误的人那里拿走它。

#2- turnover is very costly in thePE世界。它是由有限合伙人严重不满。因此,铜lture in the industry is loyalty and tenure above all else. Keep that in mind. Wh may be hot, the culture/mentality is much longer duration.

  • 副3PE- Other
Jan 23, 2022 - 1:23pm

您认为您可以横向进入可以携带的位置吗?这会影响您在下一家公司的促销轨道(即更难迈出下一步)。

Sounds like you are mainly unhappy because you see others moving faster and would have been OK with it if they hadn't. I get that, it's hard.

While you feel screwed most of thePE我从较小的商店中知道的侧面必须在初中至少要花一年的时间发型,这很有意义,因为邮政副业级别的某些技能是您当前公司内部的流程管理。

  • 副2PE- Other
2022年1月23日 - 下午1:40

Sounds like a bummer situation but you are effectively complaining about a one year difference in expected vs. actual results, and leaving because of that seems short sighted because (a) aside from their white lie it doesn't sound like this firm has actually harmed you or is unimpressed with your performance, (b) unless you are able to lateral into a VP / principal position elsewhere you likely will also need to wait a year before being promoted, at which time you would've been promoted at this place anyway, and (c) assuming you did banking you would be going onto your fourth job total and third inPEwhich is going to be an intangible issue for you as others will start to get the impression you're a job hopper.

  • 副1PE- LBOs
Jan 23, 2022 - 2:19pm

I agree with the above. I think another wrinkle with this situation is that I basically gave up a route to business school or post-mba track at my prior firm. If there is even a chance that I don't get the promotion next year, I would be pretty screwed given how late they let you know about the promotion. I definitely don't want to be a job hopper but the positive aspects of moving into my current firm has degraded over time.

Jan 23, 2022 - 1:59pm
Incoming cfa level 1 charterholder, what's your opinion? Comment below:

There was another thread on this website about someone being in this situation, and I think they were too aggressive and transparent in these discussions and were let go. Look it up on thePEsection onWSO.

在这些讨论是非常公民和威胁ions. You should preface the conversation by saying you wanted to talk about progression. You can bring up what you've worked on, how you're contributing etc. Then talk about your experience at your previous firm and remind them of the discussion you had. Again be very delicate about this. Make it seem like you're very grateful to be there no matter what. If your manager denies/gaslights you and denies your observation, say that I understand and don't push it more. You now know his position, that they're lying cunts and apply everywhere without telling anyone about your plans. Once you give in your notice, feel free to tell them why.

大批
  • 2
2022年1月23日-2:02 pm
Incoming cfa level 1 charterholder, what's your opinion? Comment below:

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大批
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