Reply to: Choices, choices

[Scrag Meister]

Hedge funds are so mixed!

The one I worked for was rubbish. For me. Some hated it - some loved it.

I have been told that the hedge fund I worked for looks very good on the cv. I am not convinced.

One of the biggest issues with finance jobs is the commute. Wharf/City/West End are horrific.

After I have moved back to Devon and am working here and lodging with my cousin, I will have a 15 min commute to current ClientCo on the bus in the morning from Islington. Results!


In response to OP, if the money isn't better and the commute is worse, stick with what you have.

[jmo21]

Totally but the point I'm making is i don't see my daily rate being diluted based on the hours I chose to do.

If it is what you choose to do, that's fine.

This, otherwise you're thinking in terms of hourly rate. You're not a shopworker are you?

but when a company expects more hours as standard, whether it is in the contract or not, then I absolutely see it as diluting my rate, regardess of whether you think I'm thinking like a shopworker or not.

Happy to quote £X/day assuming what I would class as a normal* Y hours working day. If they then turn around and say, but it's Y+3/day, then my rate goes up accordingly. (my normal, not everyone elses normal)

And again, don't get me wrong, I'm happy to work extra hours here and there as the need arises, but I won't bend over and take it as standard, whether written in the contract or not. If that loses me certain types of roles, I'm fine with that.

[LondonManc]

Ebbs and flows, sometimes I have had to put excessive, unpaid, time in to deliver.
However, I also negotiated 1.5 day rate for any weekend work, at the same client.

Horses for courses.

Correct. All part of building a business relationship. I've given repeat business to tradesmen who have gone the extra mile on jobs for me.

[MrMarkyMark]

This, otherwise you're thinking in terms of hourly rate. You're not a shopworker are you?

Ebbs and flows, sometimes I have had to put excessive, unpaid, time in to deliver.
However, I also negotiated 1.5 day rate for any weekend work, at the same client.

Horses for courses.

[LondonManc]

Totally but the point I'm making is i don't see my daily rate being diluted based on the hours I chose to do.

This, otherwise you're thinking in terms of hourly rate. You're not a shopworker are you?

[vadhert]

Stay put at the current gig and hand the HF contract over to myself.

HTH

[wantacontract]

take it, you clearly want the role!!

[mickey]

Eh? Who mentioned bonuses or perm?



8 hrs PD max, unless I have something urgent to attend to.
They are usually so slow moving I'm miles ahead anyway.

Up to you, I like my free time .

Remind me again the sequence - talk to the management then accept the offer or accept the offer anyway and then talk?

[northernladuk]

You must have a limit though?

You'd be happy doing 10 hours every day?

37.5 hours per week is certainly what I'm used to, everywhere I've ever worked, contract and perm has been that. Anytime I see a role advertised as 40 hours it puts me off straight away!

Of course, I don't mind doing extra hours here and there where needed, but I won't bend over.

Totally but the point I'm making is i don't see my daily rate being diluted based on the hours I chose to do.

[MrMarkyMark]

Eh? Who mentioned bonuses or perm?

What's a decent IB contract these days? Same 10 hrs.

8 hrs PD max, unless I have something urgent to attend to.
They are usually so slow moving I'm miles ahead anyway.

Up to you, I like my free time .

[mickey]

Longer commute, 10 hours PD, phhht..
HFs never seem to pay as much as a decent IB contract, probably more pressure...

Therefore I'm out

Why do you say so? They have bonuses if a perm job, right? What's a decent IB contract these days? Same 10 hrs.

[MrMarkyMark]

I expect 10 hrs per day.

Longer commute, 10 hours PD, phhht..
HFs never seem to pay as much as a decent IB contract, probably more pressure...

Therefore I'm out

[gables]

You must have a limit though?

You'd be happy doing 10 hours every day?

37.5 hours per week is certainly what I'm used to, everywhere I've ever worked, contract and perm has been that. Anytime I see a role advertised as 40 hours it puts me off straight away!

Of course, I don't mind doing extra hours here and there where needed, but I won't bend over.

40 hours a week for me is my benchmark as that's what I did when on an hourly rate back in the day, anything less is a bonus, my last perm job was 35 hours with a 20 min commute each way. This contract is 37.5 hours with an hour commute each way - I'd rather be here

[mickey]

You must have a limit though?

You'd be happy doing 10 hours every day?

37.5 hours per week is certainly what I'm used to, everywhere I've ever worked, contract and perm has been that. Anytime I see a role advertised as 40 hours it puts me off straight away!

Of course, I don't mind doing extra hours here and there where needed, but I won't bend over.

It is on the reasonable side, for London at least. I expect 10 hrs per day. It is longer than my current gig, but is not a back breaker. Commute is going to be much worse. And there's nothing wrong with my current gig aprat from it does not look sexy at all on the CV.

[LondonManc]

My commute is going to be 30 min longer. New skills and technologies? I hope so, but how do you know upfront?

Most importantly, the people you are going to work with are the big unknown... For me at least.

so, an extra 5 hours per week at least on the tube. Lovely.