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If that becomes the norm, attitudes towards it will change, because then you won't be perceived by hiring people as at a disadvantage, since everyone will be go
by filoleg 5y ago
If that becomes the norm, attitudes towards it will change, because then you won't be perceived by hiring people as at a disadvantage, since everyone will be going through this.
Of course, right now it sounds ridiculous, as the percentage of your current candidates with 1-2 year working gaps is a minority.
The reason I believe this will work is because that's how it works in finance right now. 1.5-2 year long non-competes, you get paid full salary for those periods (minus the annual bonus). And you can make the same point, what are they gonna do in terms of personal projects? Kind of difficult to imagine someone trading hundreds of millions in some specialty equities for a hedge fund and then going back home for 2 years and doing the same kind of a "side project" there. Nothing they can do by themselves at home is comparable to what they could at the job. And yet, this is literally the norm now, and those people don't have any issues interviewing and getting jobs afterwards at competing finance shops.