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In jp morgan chase- how much time it will take to confirm the candidate one month is over from the interview date

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Employee2022

Wells Fargo

4 months ago

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InfamousBan3

EY

4 months ago

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MildFame

Stealth

4 months ago

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Subtlesimba

JP Morgan

4 months ago

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molzz

Paytm

4 months ago

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Indian Startups on

by Brutallyhonest

Stealth

Job Market Reality Check

Recently, I interviewed a senior individual about their job hunting experience after 8 months, 50+ interviews, and interactions with 10+ companies. What they shared is quite eye-opening and worth sharing with my fellow Grapeviners to stay informed about the current market trends. There's a concerning trend of false interviews or what some might call "candidate fishing." Companies seem dissatisfied with many candidates they encounter initially, leading to rejections for trivial reasons or minor interview slip-ups. This indicates an oversupply of candidates in the market. Most companies have multiple candidates lined up for each job role, creating unnecessary backups. Consequently, last-minute job offer declines are not uncommon, even after successfully navigating through all interview rounds. The interview process itself can be lengthy, ranging from one to two months, with interviews scheduled during weekends, late nights, and early mornings becoming more common. Some common reasons for rejection include: 1. Diversity hiring concerns 2. Expectations of being a master of everything 3. Common interview formats with overwhelming ratios like 2:1, 3:1, or 4:1, putting candidates on the spot 4. Companies adopting a "Why should we not hire you?" mindset 5. Scrutiny over resume details, such as short job stints, despite ongoing industry layoffs 6. Negative assumptions about candidates from top tech companies (FAANG) looking for new roles 7. Rejections after multiple rounds (7-10 rounds) of interviews 8. Ghosting becoming a prevalent issue If you're experiencing these challenges, remember that you're not alone. Many others are facing similar issues. Hang in there; the tide will eventually turn.

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Office Gossip on

by MonkWhoBoughtFerrari

Morgan Stanley

IBs taking forever to answer

Hi all, I have been giving interviews for several IBs in last few months and i have had a very laggy, slow experience. Namely, i have been interviewed by JPMC for about 3 profiles, Barclays for about 3 profiles, BNP Paribas and DB for about 2 profiles. I would not disclose or discuss anything about offers. What i want to highlight is all these organizations are just taking weeks to finalize and give answer. If they like you, they would have rounds of interview in 2-3 days after each interview, but then, its radio silence. Then they either internally reject you and don't give any update or keep on window shopping with other candidates and try to find cheaper options. Then they come back if they don't find anything. But something that they should change is transperancy. Say exactly what is the status of a candidate. Why you want to keep on buying time. On the contrary, i was also interviewed by EY. And they were simply the fastest and the most to the point guys. Interviews done in 2-3 days, after final interview with director, i got a call the same evening discussing salary, etc... No HR HR game and time wasting. Also, none of the IBs ever update the status on online portal and when you reach out to HR for an update, all they say is its in process, waiting for business to reply and please check status online. At times, even after months, the status stays the same. And the worst part is, after playing their time wasting game, say if your scored an offer letter from somewhere else, they will say that this wasn't disclosed or said during the discussion. They should understand that if they are wasting a month of an employee on the pretext of "waiting from business for reply", it can happen. If any other folks have faced same issue, please share. I personally have made a decision that if and when i do hiring or am part of hiring process, will try to be as transparent as possible and give answer atleast in a week's time to any candidate.