Young analyst just got fired

Discussion in 'Business, Careers & Education' started by ginlimetonic, Feb 11, 2011.

  1. Rugger

    Rugger Senior member

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    Thanks for quite possibly the most useless piece of advice one could give to this guy. He's taking onus for the situation he's in, and you contradicted yourself by saying that not everyone can be successful, yet success is of their own efforts. Anybody can find success, it's just a matter of hard work, focus, and a little bit of dumb luck.

    He has time to turn it around...that's why it's on his shoulders. If you want to coddle him fine, I prefer the get up and get after it mentality.
     


  2. boo

    boo Senior member

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    #3 The fact that they have you on these checkpoints means THEY HAVE ALREADY DECIDED TO FIRE YOU!. They are only doing this checkpoint process to discourage you from suing them for wrongful termination or what not. They are just covering their asses. Having been in your place, I wish you well. Edit: I'd just add that you learn something from this. I don't know you..maybe you're a shitty analyst. I think the more likely issue is that you're just not compatible with your boss's personality. Seek to avoid that situation in the future if you can.
     


  3. Hannerhan

    Hannerhan Senior member

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    People always say that, but please be specific as to why?

    My opinion on that is that a possible employer is going to see that someone is out of a job and immediately ask "what happened there?" And if it wasn't a systematic layoff, that's a red flag. People would rather hire people who weren't fired from their last job if they have a choice. It's not the end of the world, but it puts you at a disadvantage.
     


  4. pebblegrain

    pebblegrain Senior member

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    Just find another job. There are numerous reasons why smart people can't do certain jobs. I don't think I'd be good at stage acting, singing, accounting, etc.

    Try to improve yourself but don't take it personally.
     


  5. Lord-Barrington

    Lord-Barrington Senior member

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    Analyst can be a pretty bad job for someone who isn't fit for it character wise. I imagine your work is good but maybe it just isn't your field. No job is for everyone, so try to find something that fits your personality and work pace instead of just shooting for analyst positions because that's where all your finance buddies are going.
     


  6. Joenobody0

    Joenobody0 Senior member

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    I would focus on #3. Start busting your ass to find a new job while you still have one. Expect to be asked why you're leaving your current job. Definitely don't say "I was getting fired for doing a shitty job"! Hopefully you can leave on good terms, that way when the HR person from your next company calls, your old company will say you're eligible to be rehired. Think about geographical relocation as well. It will make it much easier to explain away your leaving after a year.
     


  7. Bentley

    Bentley Senior member

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    Sorry to hear about your situation. I've been through the same thing myself.

    You certainly sound like you have tried to take responsibility for your struggles and done everything you can to improve. However, I think your boss has some responsibility for the situation also. I think it's equally possible that he is not coping well with his own job and is projecting blame on you.

    In any case, I think you're right that your days with your employer are numbered. With that in mind, I would suggest to start looking for a new job.

    If you aren't able to find something before you get fired, it's not the end of the world. Just focus on what you learned while you were there and in upcoming interviews with new employers I'd just let them know that you worked as hard as you could but somehow it wound up not being a good fit.

    You would be surprised how many people out there have been through similar experiences to what you're describing. Sometimes the job isn't a good fit for them; often, though, the problems are more a matter of the boss' not coping well and projecting blame on a subordinate.
     


  8. Matt

    Matt [email protected]

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    People always say that, but please be specific as to why?

    for the same reason that women want you the moment they see you have a girlfriend.
     


  9. Stazy

    Stazy Senior member

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    for the same reason that women want you the moment they see you have a girlfriend.

    The key to being a good communicator is to understand your audience. In this instance, you've failed.
     


  10. ginlimetonic

    ginlimetonic Senior member

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    I work in actuarial.
    On notice but almostcertainly fired (boss hints) for contined defects in one particular task.. Owning an excel model.. I can't all the wholistic picture in how business decisions and changes require to be implemented in the model, which in itself is complex and thus making mistakes, missed by my self review.

    Mistakes are unacceptable.
     


  11. teddieriley

    teddieriley Senior member

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    Wait, you smell that?


  12. Matt

    Matt [email protected]

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    The key to being a good communicator is to understand your audience. In this instance, you've failed.

    [​IMG] [​IMG] [​IMG]
     


  13. leftover_salmon

    leftover_salmon Senior member

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    Also, in all seriousness, is English the OP's first language? It doesn't seem like it.
     


  14. ginlimetonic

    ginlimetonic Senior member

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    Also, in all seriousness, is English the OP's first language? It doesn't seem like it.
    True, but it doesn't help that I was using a crackberry to reply. I didn't bother to correct syntax. I'm in front of a computer now. I know, stuff happens and it sucks, but that's the reality of life. I am accepting it, and I'm just using the internet to generate any other ideas/options I have not yet considered, and studies have shown discussing and writing is therapeutic. In reply to earlier responses.. -Idea that I talk boss into keeping me on lower pay. I'll think about it, but as others have correctly stated, it is nearly a certain decision to dismiss, as I have already been given 6 weeks to show improvement, and I'm still not at expectations for someone 1 year into this role. -My long term goal is to get into buy sides funds mgmt or sell side research, possibly somewhere I want to go in the long run. It might be easier to argue I'm changing jobs for an break into these industries, but I agree it will be a VERY hard sell if I were to say I've been retrenched because of performance. -Consensus is on #3. Friends are supportive, I've been trawling industry contacts/friends for a new job. -Basically, the issue is performance related. By not seeing all the linkages in other projects on this project 'the bigger picture'. Not fully understanding and thinking through how best to implement structural changes in a complex excel model, caused errors/defects in the my work. This is one really bad outcome, and as such that's the basis for dismissal.
     


  15. PipersSon

    PipersSon Senior member

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    I am assuming that the ongoing problem lies, in essence, in your excel work.

    That being the case have you considered the possibilty that you're not cut out for this kind of work, ie spreadsheets/ number crunching? In turn that would mean that you may want to relook your long term goals in sell side research.
     


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