“You mean to tell me that you tried to forbid someone to look for a job for two years until the program that they are in is completed? Are you guys nuts?”
That was my reaction to an article concerning Morgan Stanley’sill-fated program to lock in junior level employees, at least until they had completed their two year analyst program. On top of that, this was a pledge that they had to sign.
I picked up the phone and called a friend who worked there and we both kind of shook our head. He felt the same way as I did. He said the company wanted to keep these folks under lock and key so they could watch their investment.
You’re hired — and you can’t look for a job
Sometimes I wonder just where my HR folks are when these type of things are crafted. You do not need a PHR or SPHR to realize that this was not the way to go. You do not need an HR certification to realize that this would not work.