JPMorgan has had enough of grads accepting future-dated roles elsewhere—and anyone caught will now be fired | Fortune
JPMorgan has had enough of grads accepting future-dated roles elsewhere—and anyone caught will now be fired | Fortune
Jamie Dimon said graduates accepting future roles in PE is unethical, and a matter of months later JPMorgan is cracking down on the trend.
Free market capitalist doesn't want the consumers of his employment opportunities to be able to shop around
JPMorgan talking about ethics ?
Threatening to fire people who already have their next gig confirmed is so fucking goofy.
If you start a 'permanent role' with them, having already secured a next role, then it is unethical. That means you know, going in, that this is not effectively 'permanent'.
However. Having already started with them, if you find a better role, there is nothing unethical about taking that unless it contradicts an enforceable employment agreement. Maybe the role wasn't what you thought, or someone else has valued you more highly (in remuneration, working conditions or other benefits). It goes both ways and incentivising retention is up to the business - it's the flipside of lay-offs.
Roles are not "permanent". They have a contract with agreed upon terms. If they want to lock in exclusivity for some time period, they can negotiate and pay for it. It's a transaction. Unless there are mutually agreed upon terms, the opposing side saying they want something doesn't make you planning not to give it to them unethical. If they had a contract term about this they'd be suing people, not whining about being treated unfairly by college graduates.
So much this. Fuck anyone calling positions "permanent" when they'd lay off your entire team post haste if it meant gaining 50 cents of profit.
Its absolutely not unethical, companies usually have someone to replace you before they even know if they'll fire you.
The only permanence is change.
So don’t mention it?
Lol that's what I was thinking about the whole article, has Gen Z forgotten how to lie or something?
Happen to every generation tbh. When you start you think everyone is a friend even your boss and HR, then you learn.