Remember when you could entice talented young technology resources to your firm with promises of Friday beer parties and foosball? Remember offering unlimited snacks to keep people from roaming too far from their cubicles? Remember casual Fridays? Once upon a time these initiatives were hallmarks of progressive technology departments that could attract top talent. These days they can come across as outdated gimmicks. But if you’re still using them, you’re not alone.
Cutter’s investment management clients tell us it’s challenging for them to find, hire, and keep high quality, motivated technology staff, and they cite several factors.
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