Thursday, April 25, 2013
“You mean to tell me that you tried to forbid someone to look for a job for two years until the program that they are in is completed? Are you guys nuts?”
That was my reaction to an article concerning Morgan Stanley’sill-fated program to lock in junior level employees, at least until they had completed their two year analyst program. On top of that, this was a pledge that they had to sign.
I picked up the phone and called a friend who worked there and we both kind of shook our head. He felt the same way as I did. He said the company wanted to keep these folks under lock and key so they could watch their investment.
You’re hired — and you can’t look for a jobSometimes I wonder just where my HR folks are when these type of things are crafted. You do not need a PHR or SPHR to realize that this was not the way to go. You do not need an HR certification to realize that this would not work.
Posted by Ron Thomas at 4:47 PM