Hello,
I've been working for an MBB firm in Europe and have recently been given two options: either accept a transition period of 6 months or be placed on a Performance Improvement Plan (PIP).
Background:
I have 6 years of experience in consulting and industry prior to my MBA, a top-tier MBA degree, and will have spent 1.5 years at MBB by the time I leave.
I'm leaning toward accepting the package and returning to North America to find another role, for three main reasons:
- I dislike my current country of residence and am experiencing significant depression.
- I’m seeking a less stressful job so I can work on my start up ideas on the side - while also focusing on my personal life—specifically my relationship.
- I don’t enjoy the work, and I don’t aspire to make Partner. My original plan was to transfer back to my home country within a year, get promoted to EM, and then leave. That transfer is now off the table due to the current market and my rating history. Given this, I believe it's better to leave now.
My questions:
- How can I best navigate this transition?
- Is it realistic to find a new role at this stage of my career, given the market?
- What kinds of jobs should I be targeting?
- Any advice you might have would be greatly appreciated.