Intern has 2+ hours of coffee chats daily - WTF?
My group has an intern that takes 2+ hours every day for "coffee chats" with people throughout the firm (inc. outside of the group they are interning in). So many coffee chats to the point where they are not drinking the coffee because they've had too much coffee already.
Is this normal? This is the first time I have seen this in my career. I am inclined not to give them an offer because 2 hours of their day is wasted on coffee chats for people who will not decide whether or not they get a return offer, and work their group is giving them is not being done until later in the night.
I mean if he is getting his work done on time, let the man network no? I guess if he isn’t doing as much work as the other interns whilst still delivering on time then yeah could be worth talking to but if the output is comparable then no problem
2+ hours a day is a lot. But I'd say 1-2 isn't unreasonable. At my shop they're encouraged to network, even outside their team. As long as they get their work done, who gives a shit.
It really depends on how good his work product is and if he gets it out on time. This industry makes it impossible to break in and then fires people without a second thought - cut him some slack if he wants to expand his network.
Beast. Bro must be shitting 24/7 from all the caffeine he is digesting
Don’t be an asshole. He’s just an intern, and he’s clearly taking initiative to meet people. It’s not like he’s sitting at his desk watching TV all day.
If it’s not impeding work product, then he’s doing a great job. If it is impeding work product then have a conversation with him and note that you appreciate his initiative and drive, but there needs to be a fine balance between the two for the summer.
It is YOUR job to outline expectation and communicate when they are not being met.
Goated response. Expectation setting is everything, at all stages of career.
Wish managers were like this at banks
If the work is being done, you're essentially being mad he's out networking you?
Interns are really pushed to network by HR/seniors, they're just doing as they are told.
He need coffee! In the morning
When I was an intern I was regularly working 16 hour days. My horrible, awful associate though would have nothing for me to do from 1pm-6pm, super busy in the morning, get it done, wait all day for him to review, start working a second day around dinner time. If I were a better intern I would have networked 5 hours a day.
If he is getting his work done then there's no problem with what he is doing - though there may be a problem with you guys if he has this much free time during the day and is still working long hours.
Don't be that person. Unless there is a performance / work quality issue, who cares.
You’re a trash leader look inward
I mean... why does it matter if he's getting his work done? Don't be that guy.
lol 2 hours per day is insane and is a clear sign this guy is clueless.
Good on you for breaking stereotypes, most ppl think it takes intelligence to be a PE associate
You emphasize networking but you're jealous? Give him a full-time offer, he will be incredible at bringing and attracting new clients. Some say… many interns lack social awareness, it's great to see someone who enjoys a coffee chat and let him cook. He is the future VP in the making!
As a current intern, hate reading posts like this. If it's his first IB internship then he has pretty much no idea of what is expected from him. How about instead of no offering him because he is doing what everyone says to do (network loads during the internship), give him some feedback that he's doing it too much. Obviously if he continues then it's a red flag.
I would argue as long as he gets his work done on time and it’s good quality, then it doesn’t matter how he spends his other time. It’s probably better actually to not be glued to the screen and get visibility with many different people across the firm (would actually encourage this). All this being said as long as he’s meeting deadlines and work quality is sufficient. If you do have a problem with it, then better to voice it early vs bottling it up and then tanking him in the end of internship review (so he can be proactive and adjust accordingly).
People like you are why people hate this industry. Grow up bro and quit trying to shit on college kids instead of communicating
Clown
Be nice to the 2 hr a day networker - he will be your boss soon while you crank models he’s making connects
I'm an intern at a commercial bank and the HR staff in charge of the program and my group manager are actively encouraging us to do this. Spent the first week or two meeting with new people and having coffee chats for several hours a day.
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