Responsibilities to Employers and Job Offers

Very Hard Professional Standards Application Responsibilities To Employers

As a senior portfolio manager at an investment firm, you have been approached by a competing firm that is interested in hiring you for a similar role. During the hiring discussions, the competing firm offers you significantly higher compensation, along with the potential to work on high-profile clients. You have a fiduciary duty to your current employer and are aware of company policies regarding employee transitions and client relationships. What should your course of action be to uphold your responsibilities to your current employer while considering this job opportunity?

Accept the competing firm's offer and immediately resign, citing better opportunities.

Inform your current employer about the offer, provide them an opportunity to match it, and only resign if they decide not to.

Refuse to engage with the competing firm's offer and remain with your current employer without discussion.

Hint

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% Correct61%