Drive by staffing

Drive by staffing

Drive by staffing is a term used primarily in investment banks to describe the act of an Associate level employee or above staffing analysts or associates within proximity. This staffing method supersedes the standard protocol of staffing analysts and associates through a designated staffer, and is linked to higher levels of anxiety on the part of the staffee. Recently, steps have been taken at some leading bulge bracket to reduce drive-by staffing, but these efforts are mitigated should they originate from anyone less senior than the highest ranked member of sector group.

Variants

Variants of this term include "stealth staffing" or "secret staffing," in which an analyst or associate is taken into the confidence of a more senior member of the team and made to work on a project without informing the designated staffer. This method of staffing is less common, but is often more harmful because the analyst runs the risk of being staffed both by the "secret" staffer and the designated staffer. Furthermore, these staffing requests are more difficult to refuse as they are often seen as favors. The prevalence of "secret staffing" or "stealth staffing" is unknown, but most first year investment banking analysts would admit to having been coerced into being staffed in this manner at least once or twice in their first year.

The negative effects of drive by staffing can be mitigated through the art of financé.

Etymology

The etymology of both terms remains disputed.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Drive-by (disambiguation) — A drive by is a form of hit and run tactic, a personal attack carried out by an individual or individuals from a moving vehicle. Drive by may also refer to: Drive By, an American music group Drive By, an American hip hop duo consisting of Anybody …   Wikipedia

  • The Economy Drive — Infobox UK Television Episode Title = The Economy Drive Series name = Yes Minister Caption = Episode title card Series no = 1 Episode = 3 Airdate = 10 March 1980 Writer = Antony Jay Jonathan Lynn Producer = Sydney Lotterby Director = Guests =… …   Wikipedia

  • Fire Services in York Region — OverviewFire services in York Region are provided for and by each municipality. There are 35 fire stations across the region. Most services consist of full time members, but some services have volunteer firefighters.The departments in south York… …   Wikipedia

  • Permatemp — A permatemp is an employee whose status is somewhere between a temporary employee and a permanent employee. The word is a portmanteau of the words permanent and temporary. There are two types of permatemp employment relationships. In the first… …   Wikipedia

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

  • New Barnet railway station — New Barnet The new station building …   Wikipedia

  • Spherion — (NYSE: [http://finance.yahoo.com/q/pr?s=SFN SFN] )is a North American recruitment and staffing company headquartered in Ft. Lauderdale, Florida with approximately 700 locations throughout the U.S. and Canada. Spherion was founded in 1946… …   Wikipedia

  • Comprehensive campaign — A comprehensive campaign is labor union organizing or a collective bargaining campaign with a heavy focus on research, the use of community coalition building, publicity and public pressure, political and regulatory pressure, and economic and… …   Wikipedia

  • Pasadena Unified School District — Type and location Grades Pre K 12 Location Pasadena, California District Info …   Wikipedia

  • Organizing Institute — The AFL CIO Organizing Institute (best known as the Organizing Institute, and often as simply the OI ), located at 815 16th St., NW, Organizing Department 4th Floor, Washington, District of Columbia, 20006, United States, is a unit within the… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”