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Legal Commentary

: The Common Scold

WALL STREET RAINING IT TALENT?

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Rain E-Week Careers suggests that the implosions on Wall Street may be excellent news for folks trying to hire top IT staff. They cite an article from Crain's:

Traditionally, Wall Street has been the tech industry's stiffest competition on the hiring front. Banks typically beat out tech firms because they offer bigger paychecks and better benefits ... Banks have been willing to pay $250,000 base salaries plus a bonus for top talent, said Michael Flannery, managing director of Redwood Partners, an executive search firm. "That made these people untouchable," he added. But the
changing landscape on Wall Street will help level the playing field.

Full E-Week Careers article  here.

Full post as published by The Common Scold on September 30, 2008 (boomark / email).

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