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Gardening leave: Difference between revisions
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Now a naïve observer might suppose that multinational [[investment bank|investment banks]] should be made of sterner stuff, especially as they’ll generally have as many people arriving who can spill such wondrous secrets as they’ll lose in any given period. (Investment bankers are nothing if not fickle: the turnover is conservatively 10% per annum). | Now a naïve observer might suppose that multinational [[investment bank|investment banks]] should be made of sterner stuff, especially as they’ll generally have as many people arriving who can spill such wondrous secrets as they’ll lose in any given period. (Investment bankers are nothing if not fickle: the turnover is conservatively 10% per annum). | ||
This is to forget that these sorts of micro employment policies are set not by shareholders but by fellow employees who fancy a similar deal as and when they switch jobs. | |||
Investment banking pay is scandalous enough before you consider that one salary in ten in a given year is paid to the already departed. | |||
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{{dramatis personae}} | {{dramatis personae}} | ||