Millennial Employees Confound Big Banks
Investment banks are trying to stop an exodus of junior bankers by adjusting their advancement models to better suit the expectations of the millennial generation.
Hasnain says:
"Some bankers are baffled by the attitude of their more junior colleagues. There is a pain point among midlevel bankers who “can sometimes get frustrated if the younger analyst isn’t as available as they want them to be,” says Mr. Waldron, Goldman’s investment banking co-head.
Nevertheless, he says, “just because other people worked 80 to 100 hours [each week] in their life history doesn’t mean these people should.”"
Posted on 2016-04-10T03:19:19+0000