My coworker just got canned!

Lucky me, I get 2x the work for the same pay. It is the 3rd person canned this month from the firm. It makes me feel good/bad about potentially leaving shortly; Good - I’m burned out from operations, trade settlement, etc. Bad - I have a sneaky suspicion that I won’t be able to use them as a reference as this is a real punch in the gut to them. I can’t imagine they will be happy that they’ll need to divert time to training again.

Ask for a raise. Use the defections as leverage.

DirtyZ Wrote: ------------------------------------------------------- > Ask for a raise. Use the defections as leverage. I thought about that, but they cut some top people to save on payroll. I can’t imagine they would be generous with a raise even if one was granted. I’m burned out with ops. Need to move on.

Don’t worry bout it KJH, you will be outta there soon anyway…just hope its before they shut down the shop from the sounds of it!!

tvPM Wrote: ------------------------------------------------------- > Don’t worry bout it KJH, you will be outta there > soon anyway…just hope its before they shut down > the shop from the sounds of it!! I’m a bit leary of that myself. 3 ‘senior’ people got let go. I use quotes because almost everyone here is a senior since we’re so small. TV, do you have any experience with employer bitterness about jumping ship while it’s sinking? That’s what I’m aiming to do.

look around at other jobs, but certainly don’t let it be known you are doing so.

I don’t, but when I think about it I am sure you will be fine if you leave saying it is for whatever reason(more aligned with my interests, great opportunity to expand my skillset, etc)other than “I’m leaving because this place seems to be going downhill” or something to that effect. That should at least preserve decent terms to depart on…

oskigo Wrote: ------------------------------------------------------- > look around at other jobs, but certainly don’t let > it be known you are doing so. I’ve been looking, but since ops in 1 man down, I’m really putting them in a tough spot by leaving.

KJH Wrote: ------------------------------------------------------- > DirtyZ Wrote: > -------------------------------------------------- > ----- > > Ask for a raise. Use the defections as > leverage. > > > I thought about that, but they cut some top people > to save on payroll. I can’t imagine they would be > generous with a raise even if one was granted. > > I’m burned out with ops. Need to move on. KJH: It sounds like you already have something lined up. If not, have you started a search?

If you ask for a raise now, I guess the only thing you will get is curious looks. And then the boot. But, as you say, you are working in a small shop, then you have actually gained huge in importance! Forget the money for now and start trying to get access to your superiors. This is a huge chance for you to make contact with people who might really have a say. Just an idea.

abacus Wrote: ------------------------------------------------------- > KJH Wrote: > -------------------------------------------------- > ----- > > DirtyZ Wrote: > > > -------------------------------------------------- > > > ----- > > > Ask for a raise. Use the defections as > > leverage. > > > > > > I thought about that, but they cut some top > people > > to save on payroll. I can’t imagine they would > be > > generous with a raise even if one was granted. > > > > I’m burned out with ops. Need to move on. > > KJH: It sounds like you already have something > lined up. If not, have you started a search? I have 2 interviews in the near future. They show some promise.

I’m sure your superiors know about your intentions already. They know that most people that are hired will leave after x months/years to pursue better things. Don’t have any bad feelings about leaving them as they sure won’t have any when they can your as$.

Ask for a promotion, now that you’re doing more work and have more responsibilities. You don’t even need a promotion with a raise, but of course take it if offered. You can ask for the raise later (if things get better, then your payment is not in line with your position, or workload). Then, when you go job searching, you have a better looking title on your resume.

Normally this could be a great development for someone early in their career…similar thing happened to me and it really created a lot of opportunities to learn how deals are structured and to work closely with some fairly senior people. The problem is you’re in ops and if there is no chance to move into a non ops role you’re better off biding your time and looking for FO/MO jobs etc.

bchad that would be a good idea if I liked what I did, but I don’t. Back office really just drives you crazy after awhile. Being the coolest guy in back office is like being the smartest kid with down syndrome.

KJH Wrote: ------------------------------------------------------- > oskigo Wrote: > -------------------------------------------------- > ----- > > look around at other jobs, but certainly don’t > let > > it be known you are doing so. > > > I’ve been looking, but since ops in 1 man down, > I’m really putting them in a tough spot by > leaving. They put themselves in a tough spot by laying off everyone else.

I think it’s a retarded mentality to worry about putting your employer in a tough spot. I am pretty sure if they decide to fire you they couldn’t care less about putting you in a tough spot. I have friends who think that way and all that ends up happening is they get more and more work dumped on them until they ultimately get canned without so much as a pat on the back. It’s been my experience that feeling sorry for your employer doesn’t get you too far in this business.

i would second that hands down, well put farley

I’m not in debt to the employer, I can just imagine the things they may say upon a reference/previous employer check after a b!tch move like this. I’m more worried about sour grapes is all.

KJH Wrote: ------------------------------------------------------- > I’m not in debt to the employer, I can just > imagine the things they may say upon a > reference/previous employer check after a b!tch > move like this. > > I’m more worried about sour grapes is all. I am curious to hear people’s thoughts about a related issue. If you get promoted, how long are you reasonably expected to stay? I got promoted a year ago and my firm has made it clear that they want me to stay (in fact, I would say they *expect* me to stay). Is it seen as a negative if you leave a year after getting promoted? Six months? Where is the cut off, or is there one? Given the culture of the firm, I think in my personal case I would burn bridges if I left a year after being promoted.