Change for Growth – Why the banking & financial services sector needs to adapt its approach to employee engagement
On the surface, it appears that the banking & financial services sector is fully on the road to recovery, yet dig deeper, and confidence is still tempered by caution. Employees remain disengaged, still haunted by the redundancies and job insecurity of the past few years.
Key findings in our 2011 workplace study:
- 63% of employers are expecting to increase their headcount in the next 12 months.
- 69% of employers believe that the level of base salary affects their ability to attract talent.
- 48% of employees said that money is not their only motivation
- Almost 80% of professionals anticipate moving jobs within the next year
- Over 90% of organisations saw cost-efficiencies as the main reason for change
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For further information on our workplace study, contact Victoria Golding at victoria.golding@badenochandclark.com or on 020 7356 0762. For information on the Scottish market, please contact Arnie Sathiy at arnie.sathiy@badenochandclark.com or on 0131 524 9020.
