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Slaves used to need permission from their masters before they could marry. Of course, Blackrock employees are far from slaves. But it's an unsettling policy non
by timwaagh 6y ago
Slaves used to need permission from their masters before they could marry. Of course, Blackrock employees are far from slaves. But it's an unsettling policy nonetheless.
- llimos 6y agoAnd this isn't about needing permission. Obviously they can't stop anyone. But they can make sure they're not directly working with someone that could lead to a conflict of interest. I think the worst that would happen is that the customer gets reassigned to a different account manager.
- timwaagh 6y agoYou are right of course. They aren't literally saying that. However the United States has at will employment, which can reasonably be interpreted as that everything you do and they know about is with implicit permission from them. They also say in the statement they will be assigned different work. Which is commendable. I'm not sure whether that will be possible in all cases though.
- llimos 6y agoYes, it is a risk. But the fears of a conflict of interest are real. What's to stop you giving favourable treatment to the customer at a cost to your own company (though not to you personally)? In a case where reassignment isn't possible I'm not at all sure what the right answer is.