Morgan Stanley Battles High IT Attrition Rate With Training, Partnering With Business Units
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Attracting and keeping talented IT staff is a dilemma for all Wall Street firms--and Morgan Stanley is no exception. In fact, according to the McLagan Group's annual study on compensation and hiring practices at leading trading firms, Morgan has one of the highest attrition rates--in spite of its high compensation levels. Chief information officer Kevin Parker is attempting to reverse that trend by looking for engineering talent outside the financial industry, offering technology staff a
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