Get into hedge funds to enjoy non-compete?

Oct 18, 2019 17 Comments

What is the risk? 18 month non-compete sounds good. Could I get in Citadel or other bad culture funds and intentionally perform at bottom 10% just to get fired. I can take vacation travel around the world then back to Google? I have high performance record.

TC 330

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TOP 17 Comments
  • Citadel Securities / Eng bluetiger
    18 months is the maximum. If you get fired very quickly they will probably decide you don’t know much and only enforce a few months.
    Oct 18, 2019 0
  • JUUL kmost
    You know they don’t continue to compensate you during non compete period, right?
    Oct 18, 2019 6
    • Two Sigma / Eng mgre
      @OP the non-competes in finance are paid at base salary
      Oct 18, 2019
    • Citadel Securities / Eng bluetiger
      Usually base is paid during non compete
      Oct 18, 2019
  • Google qqsfhu
    OP
    How about work hard in 6 months to learn as much as I can, then leave. So they will put at least 12 month non-compete? I also heard that sign in bonus is generous. Not a bad deal.
    Oct 18, 2019 4
    • Citadel Securities / Eng bluetiger
      Yea think so
      Oct 18, 2019
    • Societe Generale realhardy
      In 6 month you might not even get access to core strategy.
      Oct 18, 2019
  • Spotify Atinlay3
    This is hilarious. Go for it and keep us updated! 😂
    Oct 18, 2019 0
  • Google qqsfhu
    OP
    Really? I never stay in non-compete so I don't know details about how they work. Isn't that they pay base salary during non-compete period?
    Oct 18, 2019 1
    • Citadel / Eng
      BrutеForce

      Citadel Eng

      PRE
      EPAM Systems
      BrutеForcemore
      Yes only base salary and you can probably still go work for Google . They also might not enforce it or drop it within month. It is a great option only if you'd been at the company for some time as your compensation grows faster than at a tech company.
      Oct 18, 2019
  • Google
    mathbuster

    Google

    PRE
    Google
    mathbustermore
    Fire them before they fire you
    Oct 18, 2019 0

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