Wall Street, Lehman Brothers, and Merrill Lynch Fall Has Recruiters Scrambling for Their Employees
Hi All,
The sinking of Lehman Brothers and Merrill Lynch has recruiters vying for top talent from each firm. With the upheaval at both financial giants in full swing, the future of employees at each company is basically unknown, so financial firms are currently bombarding recruiters to grab top employee talent from each company and a Wall Street feeding frenzy has begun.
According to a recent article on Workforce.com, the upheaval at both Lehman and Merrill has got recruiters working overtime. The article quotes:
“It is historic and it is a feeding frenzy,” said Darin Manis, CEO of financial services recruiter RJ & Makay in Colorado Springs, Colorado. “Whether there will be a massive exodus I don’t know. Nobody knows; that has yet to be determined.”
Recruiters say the upheaval at Lehman and Merrill has created an unprecedented opportunity to lure star employees from two of Wall Street’s most well-known brands.
Gustavo Dolfino, president of recruiting firm WhiteRock Group, said that in the first two days of this week he received 10 requests from employers looking to hire Merrill financial advisors.
To read this entire article, CLICK HERE!
This is certainly a crazy (and historic) time on Wall Street. Never a dull moment, that’s for sure.
Article by Lisa Orrell, Millennial & Generation Relations Expert and courtesy of Lisa’s Generation Relations Blog
