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Why do so banking and elite consulting companies still practice up or out

What was the point in the first place and what’s the point n...
marvelous legend
  06/13/18
up or OUT LOCKSTEP
Aphrodisiac Gunner
  06/13/18
Because there are too many good people swarming them, so the...
Peach Temple
  06/13/18
why not keep people that are already acclimated to the cultu...
marvelous legend
  06/19/18
$$$$$$$$$$$
Swollen juggernaut
  06/19/18
then why don't other companies do it
marvelous legend
  06/19/18
Because turnover creates more jobs for everyone.
Fighting adventurous parlor sound barrier
  06/19/18
They whittle ppl down until they get the best of the best of...
Peach Temple
  06/19/18
...
marvelous legend
  06/19/18
Doesnt military do this too to save pension costs?
Avocado immigrant chapel
  06/19/18
I don't think they up and out people specifically for pensio...
irradiated zippy reading party
  06/19/18


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Date: June 13th, 2018 9:26 PM
Author: marvelous legend

What was the point in the first place and what’s the point now?

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36241477)



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Date: June 13th, 2018 9:26 PM
Author: Aphrodisiac Gunner

up or OUT LOCKSTEP

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36241479)



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Date: June 13th, 2018 9:31 PM
Author: Peach Temple

Because there are too many good people swarming them, so they have the luxury of choice.

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36241516)



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Date: June 19th, 2018 12:56 PM
Author: marvelous legend

why not keep people that are already acclimated to the culture. why start over with a fresh batch of potential misfits



(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272079)



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Date: June 19th, 2018 12:57 PM
Author: Swollen juggernaut

$$$$$$$$$$$

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272082)



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Date: June 19th, 2018 1:00 PM
Author: marvelous legend

then why don't other companies do it

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272102)



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Date: June 19th, 2018 12:59 PM
Author: Fighting adventurous parlor sound barrier

Because turnover creates more jobs for everyone.

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272091)



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Date: June 19th, 2018 2:27 PM
Author: Peach Temple

They whittle ppl down until they get the best of the best of the best: or at least the true believers, the Kool-Aid drinkers.

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272651)



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Date: June 19th, 2018 12:55 PM
Author: marvelous legend



(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272069)



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Date: June 19th, 2018 2:29 PM
Author: Avocado immigrant chapel

Doesnt military do this too to save pension costs?

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272666)



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Date: June 19th, 2018 2:48 PM
Author: irradiated zippy reading party

I don't think they up and out people specifically for pension cost reasons. Rather, they will terminal someone out at a rank/role (which does cost contain to some extent) and it's up to that person if they want to stick it out for the duration or opt to leave when their enlistment contract is up. In general, the military has a shortage of headcount in a lot of roles, so they're usually offering bonuses and stuff to get people to stay. Even when you're retired, you're not reaaallllyyy retired, they have an option to call you back.

Source: Friend of mine from HS who did a full enlistment through to retirement as an air traffic controller and then a recruiter. LOL @ him being the "dumb one" who enlisted in the Army...now he is functionally retired in are country w/ a home, RV, motor cycle, boat, guitars, etc. not giving a shit about anything. Works part time as an ATC at a chill regional airport, people thank him for his service all the time, overall a very 180 existence for someone still in their 40's who was able to punch the military clock for 20 years.

(http://www.autoadmit.com/thread.php?thread_id=4001568&forum_id=2#36272761)