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On the beach for 6 months - frustrated and need help

M&A Probation switch
Neue Antwort am 15. Feb. 2023
6 Antworten
1,2 T. Views
Anonym A fragte am 14. Feb. 2023

Hi,

Short version: I have been on the beach my entire time as a jr. I have in my head done everything I could do and beyond to solve it. Others get way more work and responsibility than I do. I want to move, but not sure to where and how to time or optimise it.

To be honest I just want to voice my frustration, because I am more upset that I feel like I am being singled out than I am distressed at what my options are. But I would be very grateful for help in both areas.

I have laid out a more detailed script below if any one needs more context, I am not thinking super straight, so I apologise if my thoughts are a mess.

 

 

Context: I work in M&A Advisory at a Scandinavian Big 4 office. I am the only international jr.

Problem: 

- I have been on the bench for almost 6 months now (my entire time essentially)

- There has barely been any projects, but I have been the least prioritised on my team, so much so even my peers have reach to me about it

- The extremely rare times I am on a proposal, I get called in for something that's pretty much done or I get assigned to make the CV slide or something menial

What I am doing about it:

- I am contacting my seniors and showing interest consistently

- I am participating in any and all I can take on initiatives i.e. unpaid internal work, often of which I have personally initiated

- I talked to my mentor at work and expressed the frustration, but got nothing tangible in response “ohh times are slow” “we will do our best”

- I most of the time am the first one in the office, I always give it my all, and I would like to think I am well liked by my colleagues, or at least I am doing what I can

-The one time I was on a proposal, my manager kept ignoring me when I asked what I could do (as I was meant to be on it a bit earlier, but had to be away for a company excused reason), until I just worked at whatever I saw suit (which was actually appreciated by other managers of other teams)

Why am I frustrated:

I understand M&A work is down right now, but I just do not get why other associates keep getting on a proposal after proposal, and I am the only one having to beg to do anything! I don't mind doing internal projects but now I feel like a dummy!!! When I ask for feedback, everyone praises my attention to detail and my dedication and I even passed my probation when given that feedback. I am the only person on my entire team to have gone to a target school and I am pretty certain I have proven myself, though of course its never taken for granted by me.

Dilemma: Do I try to switch to higher tier firm in a region where I could be a better fit (they have great projects not, love the weather but I am so tired of moving countries), Do I attempt MBB etc in my Scandinavian country (I think I have a lower chance here, and not sure if I should apply and ruin my chance at the other region), Do I make a parallel move (I am not sure if moving to another big 4 will make a difference in my situation, and am weighing if just holding up where I am for sometime would be worth it)

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Cristian
Experte
Content Creator
antwortete am 15. Feb. 2023
#1 rated MBB & McKinsey Coach

Hi there, 

I feel your pain and have been in your shoes. 

In fact, at the end of my first year in McKinsey I spent about 6 weeks on the beach and grew so desperate that I went for a project that was on a remote mining island on the other side of the globe (funnily enough that turned out to be one of my best projects). So I have lots of sympathy for you. 

I wrote THIS article on PrepLounge that lays out how to be an effective consultant as a new joiner. It might help you with a few points in terms of how to address your situation. 

But stay strong! And don't blame yourself. Staffing is not fully under your control.

Best,
Cristian

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Hagen
Experte
Content Creator
antwortete am 15. Feb. 2023
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there,

First of all, I am sorry to hear about the frustrating situation you are in!

I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it:

  • First of all, it's important to note that the tight economic situation is leading to consulting budgets being frozen across the globe, and as such, consulting companies are less busy.
  • Moreover, it seems like you have already taken pretty much all steps you can take to try to improve your circumstances, but you have not yet seen the results you were hoping for.
  • Personally, I would advise you to carefully assess your motivation to switch jobs, given that your staffing situation might not change, and you would be exposed to more risk as a new hire.

If you would like a more detailed discussion on how to address your specific situation, please don't hesitate to contact me directly.

Best,

Hagen

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Benjamin
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Content Creator
antwortete am 14. Feb. 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

Sorry to hear your frustration. 

I think there are a couple of things I would do if I were in your shoes, before deciding anything further

  1. I would have a chat with both your mentor as well as someone who is involved in promotion decisions (e.g. HR, committee members) to understand 
    1. What the implications are if the current situation continues
    2. How long before being on the beach actually starts to affect your trajectory
  2. I would have a chat with my mentor to understand
    1. Whether he/she thinks I am on trajectory 
    2. Whether he/she knows and acknowledges the work I am doing
    3. What possibly I could do to make sure I am still learning and growing

At the end of the day, if there really are no projects, that is not something that you can solve for. It may seem that you are being ‘singled out’ - but it's hard to comment because I don't know the actual quantitative numbers of your firms pipeline etc. 

And while 6 months is a fairly long time, it is also not uncommon. Anecdotally, in BCG in the region I was at, there were dry times when people were 6-8 months on the beach, but still able to get promoted within ~2 years once business picked up again. 

I think once you understand whether your current efforts are making any impact or not, can you decide then whether to try and switch firms or not. However do take note that

  1. If your firm is dry - it's likely other firms are dry as well
  2. 6 months of work experience is not really a lot, and even if you only did proposals this is also not a strong CV, which may make it harder to switch to MBB

All the best!

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Ian
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Content Creator
antwortete am 15. Feb. 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

It sounds like you're in a frustrating situation, and it's understandable that you're feeling discouraged. On a personal note, I know how demoralizing this can be. Please know this too shall pass. You will get through this and past this and it will all work out.

It's good that you've been proactive in trying to address the issue by reaching out to seniors and participating in internal initiatives, but it might be helpful to have a more frank conversation with your manager to discuss your career aspirations and the type of work you'd like to be doing. This could also be a chance to ask for specific feedback on areas where you can improve and how to get more involved in projects.

If you do decide to switch firms, it might be helpful to research and reach out to recruiters or individuals in your network who work at the firms you're interested in. This can give you a better understanding of the opportunities available and the culture of the firms.

Ultimately, it's important to remember that career progression can take time, and it's not always a linear path. Keep working hard and seeking out opportunities to develop your skills, and hopefully, things will improve.

Please also do not grab any new job/offer you can just because you're desperate for an escape. Bide your time and pick a new job/role that you genuinely are excited for. Many make the mistake of leaving one bad job for another because they don't stay rational.

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Florian
Experte
Content Creator
antwortete am 15. Feb. 2023
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hi there,

Unfortunately, the situation you are describing is pretty much global now. 

A recent client told me that one of the MBBs has more than 1000 juniors sitting on the beach at the moment in Europe. The grass is not greener there either.

I believe you are already doing what can be done at this point. If you want to leave, try to get to the Middle East, which is still less affected than other regions.

Cheers,

Florian

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Adi
Experte
Content Creator
antwortete am 15. Feb. 2023
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

This is now an endemic issue not just in MBBs but also Big4 and Accenture given the recent economic situation. So, dont take this too personally.

The most important thing is to keep your mental health and wellbeing in check. We all get too insecure & too serious sometimes. Dont compare yourself to others too much as your mind will only exaggerate the situation. Rather, learn what they might be doing right to get staffed.

Continue to do what you have planned and dont be afraid to look for opportunities elsewhere but keep in mind its going to be a tough 6-9 months ahead.

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Hagen

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