Sounds like Switzerland or Swiss banks have some sort of cultural bias against people who job hop. If companies want people who stick around, they should compen

Sounds like Switzerland or Swiss banks have some sort of cultural bias against people who job hop. If companies want people who stick around, they should compensate fairly and reward people who are doing well and delivery quality work in order to retain talent. Many people have families and know that their employer views them solely as a means to an end, so why not treat the employer the same way and get the best possible deal out of them. By rejecting people who move around to gain the best possible opportunity, it creates an unfair bias against people who seek out the best possible compensation for themselves. Having worked in the banking sector myself, banks could benefit from more agile thinking but are instead stifled by bureaucratic processes that do little to promote security or create a quality product. I'm sure many of those people would love to stay and finish the product at conservative companies, but it is very hard to stick around in a suboptimal role that does not grow their skill set when they could be making 50% more money at a new firm. Many of these conservative companies as you put it only succeed because they do not complete in a free market and have unique privileges because of governmental barriers to free enterprise.