A very enviable 'problem'

banbatoyota

Hi guys,

I have a question that I'm hoping will get answered here. I'm a recent graduate who's been lucky enough to be offered a contract with a Bank (A) starting in September. I have that contract signed and sent to them.

Another Bank (B) that I interviewed for have now offered me a contract, to begin at the end of this month.


My question is:
What complications/problems could arise were I to begin with Bank B at the end of this month, with a view to leaving to join Bank A in Septmeber?

Legally, I don't think a whole lot could happen, as it'd be more trouble that I'd be worth for Bank B, also I'd still be on probation, so only a weeks notice would be required (I think).

The only issue I could see, would be that in years to come, were I ever to consider moving to Bank B, it would show up that I left very early into a contract once.

I'd love to join Bank B, get great corporate experience (that would stand to me in September were I to move to Bank A), and enjoy the salary until then.

All help welcome.

murphym7

Just pick one and don't be messing around.

There wont be any legal issues, it would be bad practice though. You are young and will want to move around at some stage in the future, don't let a stupid plan like this ruin that chioce for you down the road.

Schnitzel Muncher

Enviable indeed. An opportunity to test your morals, more like.

If you are smart you will sub-contract out at least one of the jobs and sit back and reap the rewards.

granturismo

Start with Bank B, enjoy the salary and get experience as you noted in your OP.

Bank B may also offer you a better position/salary when you hand your notice in.

I dont see how it is bad practice, more positives by starting with B than negatives for you.

murphym7

granturismo wrote: »

Start with Bank B, enjoy the salary and get experience as you noted in your OP.

Bank B may also offer you a better position/salary when you hand your notice in.

I dont see how it is bad practice, more positives by starting with B than negatives for you.

Ya, nice one. Bank B will be so impressed by this just in the door graduate after 3 months and will feel that they just can't do without them they will offer them more money, or maybe even a better postition?:rolleyes::rolleyes:
Bank B will get the notice and make them leave on the spot.

It is extremely bad practice by the way, this guy can't avoid pissing off at least one of these banks following this road.

If you start in bank B and like it, you are pissing off bank A who wont want you near them again. If you start in Bank B and leave, you will piss them off never to return again. A little maturity is required, pick one.

BostonB

Could you not ask Bank B would they consider keeping you till Sept only.

mikemac1

You may as well go to Bank B as they are offering you a start date in a few weeks.

Over the summer if you save that's the price of a car!
Better to be working then hanging around for September 1st and Bank A may still fall through in the meantime.


Take the Bank B job and see how you are getting on in a month or two.

banbatoyota

Thanks for the replies.

As far as moral's go, I don't think they enter the equation. The finance/business world is cut throat, and I don't think for one second that they'd hesitate to let me go if they were told to cut expendable staff.

I'm trying to play it in such a way as to maximise my benefit, which I'll make no apologies about doing.

I am pie

You need to realise what your maximum benefit is. It is not annoying the hiring dept/mgr for a potential future employer. These things 100 % count against you.

The irish financial industry is a smaller place than you think. Your mentality upon entering is fairly self centered which wont help you. You need to commit to one company and get that solid experience onto your cv. Leaving after 3months will disqualify you from being re-hired as there will always be another candidate with the same experience who has not cut and run after 3months.

More maturity and commitment is required to maintain all possible options open for your future career. Nothing at all to do with ´morals´, much more to do with projecting a professional image, demonstrating reliability and not annoying one of your potential future employers.

For me, a no brainer. To qualify my statements I have 15 yrs plus exp. in UK & Irish financial industries including resp. for hiring, and given what I have just read wouldnt re-hire you if you left after 3 months. If I had drinking pals from other companies (most will, much chopping and changing occurs in that industry) I would be telling them about the graduate who walked out after 3months to join a competitor. Believe me, been there done that. Most will ring a friend in the companies you gave on your cv and ask around, informally and off the record.

Maximise your benefit. Don´t pis$ anyone off before you even start your career!! Do you kids not get any advice from college re: how to behave in response to job offers these days!

banbatoyota

I am pie wrote: »

If I had drinking pals from other companies (most will, much chopping and changing occurs in that industry) I would be telling them about the graduate who walked out after 3months to join a competitor. Believe me, been there done that. Most will ring a friend in the companies you gave on your cv and ask around, informally and off the record.

Now that did cross my mind. It just so happens that Bank A (Sept) is a much better offer, so I think I will wait it out until then. Solid advice.

While the immediate reward is greater with joining Bank B, in reality, gaining 3 months experience/salary does not outweigh potentially moving to this company at a manger level in years to come.

Thanks for all the inputs.