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PaineWebber, Pershing, Interstate Johnson/Lane Discuss Tech Staff Issues

MANAGEMENT AND STRATEGY

PaineWebber's IS professionals have been leaving the brokerage at a rate of 40 percent every two years, primarily because they don't foresee promising careers for themselves and want higher pay. On the other hand, a survey of IS professionals presented by Interstate/Johnson Lane indicates that low compensation is less responsible for tech staffers' departures than is management's failure to provide a clear career-track and a respectful and supportive environment. Meanwhile, at Donaldson Lufkin &

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‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

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