What did you do to land in the bottom bucket?

This year has not been going well and I fear that I might end up near the bottom. Just curious if everyone in bottom bucket dies by a thousand cuts or if you had one big fuck up.

Comments (15)

Jul 28, 2021 - 11:43am

From what I've seen it is a combo of people just completely fumbling but more often than not it is actually rather random. If someone gets a live staffing as their first project and does well, they'll continue to get high-profile staffings and lock-up top bucket. Meanwhile, someone who had a failed pitch as their first project will likely not get as many reps on high-profile projects.

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  • Analyst 2inIB - Cov
Jul 28, 2021 - 11:48am

Yeah, so I got staffed with a team that I don't normally work with and I joined after that another analyst quit, so the project was already 30-40% done. And its a pretty high profile team in the group. I also sit in a different city than this team. So some things have been slipping, and I feel like in the light of this team, I just look like a fuck up.

Jul 30, 2021 - 12:37pm

If you really think it's an issue you gotta be proactive about it. Ask for a quick one on one with a team member and try to get caught up or ask how to get caught up. I imagine showing you know you came in behind and you're working to correct that is worth something, definitely more than just sitting and accepting the project isn't going well for you.

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  • VPinIB-M&A
Jul 28, 2021 - 2:01pm

Speaking as someone who is on the analyst comp committee, no it would never ever be just one thing. If you're generally viewed as a top performer and you have a huge fuck-up that everyone finds out about, you'll still get paid well. Your overall rating is going to be an average across a bunch of people you've worked for, and if for some reason there's a lot of dispersion in your ratings (some people love you, some people hate you) then there'll be extensive internal debate to work out who's right and in what circumstances you're doing well vs. badly.

  • VPinIB - Gen
Jul 30, 2021 - 1:01pm

I can put you in touch with my analyst who will give you a fulsome breakdown. In fact, I'm pretty sure he can just recycle content from his 'a day in the life of' post, because from the moment he signs on to the moment he leaves, he seemingly does everything in his power to be bottom bucket.

  • InterninHF - EquityHedge
Jul 30, 2021 - 1:04pm

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