Financial firms never expected to run into this problem, but they’re finding themselves losing potential employees at an alarming rate. Younger talent and millennial job prospects are opting away from financial firms and choosing to “invest” themselves in technology companies instead. Why would it be that a fresh MBA grad with a love of crunching numbers and a mind for money do such a thing?
Today, MBA grads seem to gravitate toward upbeat and creative work environments. The conservative and traditional office designs of most financial firms aren’t all that alluring in comparison. So believe it or not, the reason for the lack of job prospects for these companies all boils down to their office furniture design.
Luckily, financial firms are adjusting rather quickly. Companies such as Sterling Partners, a private equity firm in Chicago recently took the leap of “office furniture” faith and redesigned their office to give a trendier appeal to young talent. The company of over 60 employees swapped out some outdated office cubicles and purchased sit to stand office desks. They also spruced up a window area with comfortable modular furniture, giving employees a 360-degree view of downtown Chicago. Overall, the change created a more eccentric and unique feel that is difficult to find in other financial companies.
Brad Lynch was the designer of the Sterling Partners project and weighed in his thoughts after completion. He described the main goals of transitioning the office to appear less rigid, as some financial firms often feel, and more jovial.
“When people came into the space, they didn’t want to seem hierarchical,” Lynch explained. “They wanted to seem welcoming and that [everyone] was part of the experience.”
Quite a few local financial companies have also made this progressive office move by choosing Cincinnati office furniture dealers, such as OstermanCron, to re-energize their space. We’ve heard great feedback from these projects, and found that many companies chose trending products like this to give their company a revitalized feel and look.