Employer Duty of Loyalty in Job Offers

Hard Cfa Institute Code And Standards Employer Duties - Loyalty

As a member of a CFA Institute member firm, you hold a senior position in the investment management department. Recently, you received an offer from a competing firm that would increase your salary by 30% and provide you with additional benefits. While you are contemplating this new offer, your firm is working on a confidential investment strategy that could significantly enhance client portfolios. According to the CFA Institute Code of Ethics and Standards of Professional Conduct, how should you proceed regarding your loyalty to your current employer?

Accept the offer from the competing firm immediately without notifying your current employer.

Inform your current employer about the offer and possibly negotiate terms before making a decision.

Delay informing your employer while you finalize your decision about the new job offer.

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