Analyst: Gardening Leave?
Currently an analyst at a BB about to quit and go to a competitor. Am on a few very confidential projects.
Can the company impose gardening leave and if so - for how long?
Trending Content
| +164 | Is the Bay better than NYC, if so why? | 56 | 45m | |
| +149 | Why are UK, UK based and UK-countries related (India, Nigeria...) students so cringe on LinkedIn? | 57 | 20h | |
| +109 | Analysts bitching on WSO | 25 | 1m | |
| +83 | How are women treated in IB? | 55 | 2h | |
| +65 | How to Not Feel Anxious About SA Internship | 24 | 16h | |
| +56 | College Transitions updated 2024 IB ranking | 23 | 10h | |
| +53 | In denial about SA 2025 Offer | 12 | 23h | |
| +48 | Does my budget look right? Fresh grad | 28 | 12h | |
| +43 | 5 days/wk | 19 | 3d | |
| +34 | 2024 Analyst Bonus Thread | 18 | 4d |
Career Resources
bump
Following. If bank cut you off the day you put in two week notice but you’re still on payroll for the next two weeks, do this two weeks period count towards the non compete window?
Gardening leave only applies to VP and up. Check your contract to be 100% sure, but can't think of a single BB that requires this of juniors - they would have to pay you, which they don't want to do.
Protocol as an analyst is you are asked to leave the day you quit (start bringing stuff home now) and your standard 2 week notice is still paid out. Obviously this is a bit sticky if you're aware of large impending M&A, but analysts leave all the time with this type of info. Just don't tell anyone at the new firm.
Got it, thanks. What do you mean by "sticky" when aware of large impending M&A? That gardening leave could be enforced? Thanks.
Sticky like not a good situation, especially if your new firm is in the same industry and/or puts you on the same client.
Gardening leave can't be enforced if it's not in your contract, analysts will always have the 2 week notice and that's it unless your contract specifically says otherwise
Wrong. I know for a fact that Associates get garden leave at certain banks.
How long is the garden leave for associates?
Bump please
bump
Quo eos et ratione qui velit eius ipsam. Dolorem consequatur voluptatibus earum. Nihil aut ut dolore nulla ipsum.
Voluptatibus modi enim dolorum ut voluptas aut. Et aut vel expedita quis. Nam quis eum fugiat natus quod. Enim error in est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...