How to attract and retain talent in an increasingly challenging environment
Financial services is no longer the default first choice destination for top graduates, and only 28% of juniors remain in the industry two years after joining (Source: Vetter survey of 1400 bankers, Dec 2014).
Perceptions of long working hours, downward pressure on financial compensation, and alternatives offering a better work-life balance are making it increasingly difficult to attract and retain talent. How should organizations manage their junior staffing and build an environment that would retain staff for the long term?
In this edition of its ongoing breakfast series, Copal Amba presented the perspective of an expert industry leader who discussed the challenge, root causes, and possible solutions.