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Wall Street is breaking long-held traditions to better manage Millennials.

Apr 12 2016

Wall Street is breaking long-held traditions to better manage Millennials. In the past, entry-level bankers were expected to put in long hours, perform trivial tasks, and “keep their heads down,” to move up the corporate ladder. That formula is no longer working for young employees: in 2015, analysts and associates who left a position within a dozen investment banks stayed an average of 17 months, nine months less than those who had left the previous decade. In response, banks are retooling their programs by limiting work hours, providing opportunities for faster advancement, and assigning more significant tasks to young employees. (Wall Street Journal)  

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