"Everyone is in the market for associates from what it seems, but they simply don't have the time to even take phone calls and explore outside opportunities. This is the case in banking and private credit, too," Mahoney told Insider."Vice-president level candidates are similarly feeling the strain."
For instance, lavish dinners on the town and luxurious vacations when time allowed are largely out of the question, replaced by the nonstop monotony of continuous work. "It's two different worlds. And they're being brought together and they're colliding in that bedroom in Kentucky," she added, speaking metaphorically.
"The traditional hiring cycle — private-equity, the golden pot at the end of the rainbow — has not yet become available," Keizner said. "We certainly have heard from people who have expressed the other point of view, which is that they have been able to focus on work without the distractions of recruiting and that deal flow in 2020-21 has been much better than in prior year, and they feel they are getting more deal experience than their peers in more recent years."It's no secret Wall Street bosses are keen to get their younger talent back to the office, and fast.
Thats funny
InsiderLife The winning formula needs modifications.
I'd like to read this but....
Can’t be right... Banking is one of the few industries expecting people to return to the office this year. It’s more likely that junior bankers are ditching old school industries, in order to continue working remotely.