All,
I have a friend who is expected to get his investment banking bonus (highest compared to his Analyst peers at the firm despite poor firm performance in the applicable year) at the end of April. On the other hand, he has accepted another offer from a competing investment bank with a 30% higher pay and a promotion to Associate which is expected to start in Mid-May. The senior bankers at his current firm reiterated that they really really want to keep him on and may be even pissed if he left.
He told me that the same situation happened last year (in this case, a Vice President) so how would you best handle the conversation when you have to drop the bomb?
Thanks in advance..
