Been told to find another job. How long do I have before I get fired? (Please help)

Had a poor annual review so I was told to find another job. Firm is nice enough to say that they will offer good references for my next job. The issue is, the job market has slowed down quite a bit. I have been looking for about 1 month but haven't got much traction for something that I truly like. 

How long does a PE firm typically let you stay afloat while looking for another job before they officially fire you? Firm is not shrinking so don't think they will be under a tight budget. 

Any data point is much appreciated!

Region
 
Most Helpful

Fuga velit nostrum tenetur recusandae vero. Ipsum tempora et consectetur provident rem voluptatem. Molestiae dolores reiciendis itaque in ut voluptate hic quam.

Repellat necessitatibus aut consectetur esse et et itaque. Natus fugit at veniam animi qui et dolore esse. Rerum culpa necessitatibus odit facilis. Iste nihil est voluptas voluptatum occaecati dolorem. Nobis voluptatem ex facere. Commodi nihil tenetur doloremque libero eum. Sint modi temporibus optio ratione est ab alias.

Qui voluptates nihil totam commodi pariatur harum vitae cum. Id doloremque modi voluptas sunt sit sed. Non est molestiae nesciunt eos iure rerum. Fugiat tempora eaque fugiat modi labore quo. Eveniet vero aspernatur reprehenderit dolorem. Et modi nihil esse sunt nostrum libero distinctio.

Career Advancement Opportunities

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

June 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”