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In banking this was attempted and achieved mixed results. UBS for example tried to get people to move to Stamford but they've migrated from that strategy becaus
by joonix 13y ago
In banking this was attempted and achieved mixed results. UBS for example tried to get people to move to Stamford but they've migrated from that strategy because they couldn't recruit top talent out of schools. Young people don't prioritize saving money, they want to have fun.
Goldman Sachs' #2 campus is in Salt Lake City. They pay less and save on costs but I suspect the real ambitious employees don't take that assignment. You are going to have trouble climbing the ranks if you're posted out in Salt Lake City. It does attract the people who don't care so much for corporate climbing and prefer quality of life.