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• 6 months - 312 posts - Latest - RSS
• Thread: 189 Goods vs 63 No Goods

1. Economist
   7854
   

   thanks for the insight, that is encouraging to hear! were the start dates moved up earlier than the initial delayed date?

   Insider at one of these firms. We have started our new batch of analysts much sooner than anticipated given workload overall has remained fairly steady (with some practices experiencing significant upticks, in fact). I don't know about PhDs, but I suspect they may be starting soon as well.
   Hang in there as you try to ride this out - the industry overall is in very good shape, and as we begin to make hiring plans for next year, I see no reason why we would not hire as aggressively as in previous years (given the amount of workload we have and project to have). I hope things work out on your end soon.

   Nera and CRA have job postings on JOE. Did they start their new hires yet or did they also delay start dates?
   

   2 months ago # QUOTE 0 Good 0 No Good !

2. Economist
   5102
   

   Yes they were.

   2 months ago # QUOTE 0 Good 0 No Good !

3. Economist
   1413
   

   thanks for the insight, that is encouraging to hear! were the start dates moved up earlier than the initial delayed date?

   Insider at one of these firms. We have started our new batch of analysts much sooner than anticipated given workload overall has remained fairly steady (with some practices experiencing significant upticks, in fact). I don't know about PhDs, but I suspect they may be starting soon as well.
   Hang in there as you try to ride this out - the industry overall is in very good shape, and as we begin to make hiring plans for next year, I see no reason why we would not hire as aggressively as in previous years (given the amount of workload we have and project to have). I hope things work out on your end soon.

   Nera and CRA have job postings on JOE. Did they start their new hires yet or did they also delay start dates?
   

   CRA insider here - don't know what that one guy is talking about. We delayed associates and thus we don't have the capacity to hire for what would be next years cohort. I think we have a few niche positions we need filled, but nothing like a normal recruiting year. Turnover is at a record low.

   I do feel really bad for those who were supposed to start much earlier.

   2 months ago # QUOTE 1 Good 0 No Good !

4. Economist
   3b3d
   

   fair to say different outlooks for different firms? Has CRA delayed offers to '21 and if so is the commitment likely?

   2 months ago # QUOTE 0 Good 0 No Good !

5. Economist
   5fd3
   

   AG delayed new hires to 2021 unless there are visa issues, then start dates are in October.

   On the visa thing, that seems like it violates some H1B rules...but that’s the world we live in.

   2 months ago # QUOTE 1 Good 0 No Good !

6. Economist
   a22c
   

   Cornerstone and AG all delayed the 2020 cohort until 2021. They won't hire 2021 AEA. Please job candidates, stay another year or two. There is absolutely no reason to go on a market this year when there is basically no job. Spend that time writing another paper.

   2 months ago # QUOTE 1 Good 0 No Good !

7. Economist
   5fd3
   

   But next year, maybe there will be something like 80% of normal demand and 180% of normal supply.

   Not clear that’s better than 30% demand and 70% supply.

   Cornerstone and AG all delayed the 2020 cohort until 2021. They won't hire 2021 AEA. Please job candidates, stay another year or two. There is absolutely no reason to go on a market this year when there is basically no job. Spend that time writing another paper.

   2 months ago # QUOTE 0 Good 0 No Good !

8. Economist
   1413
   

   AG delayed new hires to 2021 unless there are visa issues, then start dates are in October.
   On the visa thing, that seems like it violates some H1B rules...but that’s the world we live in.

   I know many new hires who are insanely (and rightfully) pis/sed off about this. Somehow the Indian and China bro’s get a 4 month advantage on new hires otherwise their visa would kick them out. This is also hugely advantageous in terms of the training and connections and opportunities they’ll gain ahead of the rest of their cohort. Really, really messed up.

   2 months ago # QUOTE 2 Good 3 No Good !

9. Economist
   7972
   

   AG delayed new hires to 2021 unless there are visa issues, then start dates are in October.
   On the visa thing, that seems like it violates some H1B rules...but that’s the world we live in.

   I know many new hires who are insanely (and rightfully) pis/sed off about this. Somehow the Indian and China bro’s get a 4 month advantage on new hires otherwise their visa would kick them out. This is also hugely advantageous in terms of the training and connections and opportunities they’ll gain ahead of the rest of their cohort. Really, really messed up.

   Come on, it is everyone who needs work visa, okay? Basically anyone who is not American will start in October.

   2 months ago # QUOTE 2 Good 0 No Good !

10. Economist
    a22c
    

    But next year, maybe there will be something like 80% of normal demand and 180% of normal supply.
    Not clear that’s better than 30% demand and 70% supply.

    Cornerstone and AG all delayed the 2020 cohort until 2021. They won't hire 2021 AEA. Please job candidates, stay another year or two. There is absolutely no reason to go on a market this year when there is basically no job. Spend that time writing another paper.
    

    2021 will be 0% demand so anything is better than that.

    2 months ago # QUOTE 2 Good 0 No Good !

11. Economist
    6bb8
    

    AG delayed new hires to 2021 unless there are visa issues, then start dates are in October.
    On the visa thing, that seems like it violates some H1B rules...but that’s the world we live in.

    I know many new hires who are insanely (and rightfully) pis/sed off about this. Somehow the Indian and China bro’s get a 4 month advantage on new hires otherwise their visa would kick them out. This is also hugely advantageous in terms of the training and connections and opportunities they’ll gain ahead of the rest of their cohort. Really, really messed up.

    Have you ever lived in a foreign country on a visa? Do you know how difficult and stressful it is? Have some empathy.

    2 months ago # QUOTE 1 Good 3 No Good !

12. Economist
    cafe
    

    What is 2021 AEA

    2 months ago # QUOTE 0 Good 0 No Good !

13. Economist
    a22c
    

    But next year, maybe there will be something like 80% of normal demand and 180% of normal supply.
    Not clear that’s better than 30% demand and 70% supply.

    Cornerstone and AG all delayed the 2020 cohort until 2021. They won't hire 2021 AEA. Please job candidates, stay another year or two. There is absolutely no reason to go on a market this year when there is basically no job. Spend that time writing another paper.
    

    2021 will be 0% demand so anything is better than that.

    Sad but true

    2 months ago # QUOTE 0 Good 0 No Good !

14. Economist
    e26b
    

    This is not accurate. AEA hiring decisions have not yet been made. 2020 cohort start dates are pushed into 2021, but hiring for the upcoming year is still TBD.

    Cornerstone and AG all delayed the 2020 cohort until 2021. They won't hire 2021 AEA. Please job candidates, stay another year or two. There is absolutely no reason to go on a market this year when there is basically no job. Spend that time writing another paper.

    2 months ago # QUOTE 0 Good 0 No Good !

15. Economist
    6f11
    

    Anyone have insider info from AG/CR on how the firms are doing (outside of hiring considerations)?

    2 months ago # QUOTE 0 Good 0 No Good !

16. Economist
    8f7b
    

    Lol

    2 months ago # QUOTE 1 Good 0 No Good !

17. Economist
    3b3d
    

    they are going ahead with undergrad recruiting this year so I think things can't be too bad?

    2 months ago # QUOTE 0 Good 0 No Good !

18. Economist
    a22c
    

    Anyone have insider info from AG/CR on how the firms are doing (outside of hiring considerations)?

    Worse and worse

    2 months ago # QUOTE 0 Good 0 No Good !

19. Economist
    a22c
    

    This is not accurate. AEA hiring decisions have not yet been made. 2020 cohort start dates are pushed into 2021, but hiring for the upcoming year is still TBD.

    Cornerstone and AG all delayed the 2020 cohort until 2021. They won't hire 2021 AEA. Please job candidates, stay another year or two. There is absolutely no reason to go on a market this year when there is basically no job. Spend that time writing another paper.
    

    TBD as in we are not interested in referrals (usually they die for HRM referrals).

    2 months ago # QUOTE 0 Good 0 No Good !

20. Economist
    e26b
    

    Anyone have insider info from AG/CR on how the firms are doing (outside of hiring considerations)?

    Yes. AG is very busy. Probably more work per capita than last year at this time.

    2 months ago # QUOTE 0 Good 0 No Good !

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