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To Attract Mid-Career Candidates, Financial Services Companies Must Think Outside the Box

Eightfold

Hiring remains a challenge in the financial services industry. According to the Bureau of Labor Statistics , unemployment in financial services stands at 2.2 Meanwhile, financial talent can be tough to find — especially when financial services organizations must play tug of war with fintech firms for the best talent.

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How Bad Is the Skills Shortage? 10 Data Points That Tell the Full Story

Vervoe

The financial cost of the skills shortage, according to a Korn Ferry study. Just six years ago, in 2016, the number of companies hiring without difficulty would have been six out of 10. Emphasizing company culture and workplace experience during interviews. Skills shortage: The current market state.

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Recruiting Trends to Watch

NPA Worldwide

Qualigence International has released its 2016 Recruiting Trends white paper. More employers are looking to diverse their workforces, whether that includes more women in executive or technical roles, increases in racial minorities, or other cultural differences. Candidate Assessments. Talent Pipeline. Customized Benefits.

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6 Diversity and Inclusion Leaders Share Their Reading Recommendations

Linkedin Talent Blog

women when she started in late 2016. Fiona’s thinking and approach have been shaped by Criado Perez’s Invisible Women: Data Bias in a World Designed by Men , the 2019 Financial Times and McKinsey Business Book of the Year. In this book,” says Cindy , the vice president of inclusion, culture, and change at Charles Schwab , “Dr.

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Areas to Improve Your Talent Management

ClearCompany Recruiting

Invest in company culture immediately. These are key areas of importance: Company culture. Invest in Company Culture Immediately. 64% of employees do not feel they have a strong company culture. Study after study establishes a strong connection between financial performance and company culture strength.

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The problem with hiring for ‘culture fit’

Workable

Culture fit is trending again—but not in a good way. In the 70s, organizational psychologist John Morse conducted an experiment on company culture fit and found that workers whose personalities matched their jobs felt more confident about their job performance. In the 90s, hiring for culture fit hit the mainstream.

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Skills Mismatch | What Is It & How to Bridge the Gap

Hundred5

You can avoid a lot of these issues by including skills assessments in the hiring process. Continuous investment in employee development (onboarding programs, ongoing training, fostering a learning culture) is vital to prevent mismatches. Regular self-assessment and feedback are important for identifying areas needing improvement.

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