The Lehman Brothers company has a graduate recruitment programs whereby the company hires the college graduates into mentorship, graduate associate and management intern programs at the company. The Lehman Brothers company has alliances with the top business schools in the United States, Canada and Europe, whereby the company sends its graduate scouts to these colleges to select prospective graduate recruits for the company. The graduates are hired into assistant ship programs where they are trained for the first few months and years of their placement. They undergo various rotations and placements in the different functions of the business after which they are placed in their choice of business function which best suits their career aspirations and performance levels. Training and development is provided on a continuous basis while a competitive compensation and reward program is employed.