Remove Banking Remove Compensation Remove Hiring Remove Retention
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How Banks and Credit Unions Can Prosper in the Midst of the ‘Great Resignation’

Employment Technologies

Banks and Credit Unions have reached a pivotal moment. While employee retention is actually improving in the financial sector, finding and keeping the right talent remains a challenge (Crowe, Bank Compensation and Benefits Survey, 2021). Regions Bank took this approach with their branch associates.

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Banking Talent Shortage Tempered by Delayed Retirement—But for How Long?

Slayton Search Partners

Baby Boomers are staying in the workforce for longer than expected, but with a growing challenge to attract younger generations, the banking talent shortage is set to soar. The banking industry is faced with an interesting conundrum. Nine out of ten banks are challenged by hiring and retaining new professionals.

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The Top-Rated Workplaces for Compensation and Benefits

Indeed

And in today’s world, compensation is so much more than just a number — it also includes the added benefits offered to you by your company, such as health insurance, wellness, time off, bonuses and more. In short, investing in competitive compensation is an investment in your firm. Here’s what we found.

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Should Your Job Listings Include Salary Information?

ApplicantStack

Along with education and experience requirements, compensation immediately determines if someone will apply for the job or move on to the next one. Secrecy around salaries not only affects new hires, but current employees too. Extending this courtesy to both groups is vital for filling positions and job retention.

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How to Increase Employee Retention

Team Software

The current job market has left many employers wondering how to increase employee retention. That fact means many employers are chiefly concerned with staff retention and employee turnover-related issues, since better retention of existing employees takes the pressure off constantly hiring and training new talent.

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Banking Industry Offers 10% More Pay to Attract Talent

Recruiting Daily Advisor

The talent shortage has claimed another victim: the banking industry. Turnover continues to increase and retaining and recruiting talent are major considerations banks have to take into consideration. One way for banks to stand out in the war for talent is to offer more pay as a means to attract talent, finds new survey data. .

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Guide to Hiring Employees in Luxembourg

Recruiters Lineup

However, navigating the process of hiring employees in Luxembourg requires adherence to various legal and administrative requirements. In this comprehensive guide, we’ll delve into the essential steps and considerations involved in hiring employees in Luxembourg. How to Hire Employees in Luxembourg?

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