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Investment Banks Increasing Entry Level Pay to $100K+

BountyJobs

Investment banks in particular are offering higher salaries. For example, Morgan Stanley and Goldman Sachs increased their annual first-year pay to $110,000 – other banks have followed suit increasing entry-level banker’s annual pay to $100,000. Around 15% of top in-demand skills are being utilized within the IT teams of banks.

Banking 95
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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. According to the U.S.

Banking 98
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Answering the Challenge of Talent Retention Among Gen Z and Millennial Workers

Recruiting Daily Advisor

Prioritizing the shifts in the workforce that younger generations value will not only increase productivity, but also improve retention. Enhancing Employee Communication for Greater Retention Effective communication is pivotal in building a productive and loyal workforce.

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How ‘trailblazer’ banks are defining the future of financial services

Eightfold

New global research from The Josh Bersin Company reveals how industry-leading “trailblazer” banks are melding the future of financial services and the future of work. . When banks recognize how key talent is in accelerating innovation, they can discover profound results through intelligent reskilling, recruiting, and work redesign. .

Banking 79
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A Commitment to Transparent HCM Metrics, and What It Takes To Get There

Speaker: George LaRocque, Crystal Andrews Banks, and Chris Powell

Analyst George LaRocque of WorkTech sits down with Crystal Andrews Banks, Director of Diversity & Inclusion for Ulta Beauty and Chair, Diversity Inclusion Leadership Council for Retail Industry Leaders Association and Chris Powell, CEO of Talent Data and Analytics company, Talmetrix, to discuss the journey to transparency.

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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.

Banking 40
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Earned Wage Access: A Responsible Solution to Boost Employee Health and Retention

Recruiting Daily Advisor

Boosting Recruitment and Retention. EWA can also be a powerful talent acquisition and retention tool to make your company stand out among competitors. A recent study by The Harris Poll found that 80% of workers would prefer to have their pay automatically deposited in their bank accounts as they earn it.

Retention 104