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Vendors such as eFinancialCareers, Paradox and pymetrics work with banks to assess job applicants based on their skills and not other factors. But the technology has its limits.November 6
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Bankers should cast a wider net for applicants and hold listening sessions with their minority employees if they truly want equality.September 25LecturerMIT Sloan Business School
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Some professionals have admitted to sleeping or drinking while working from home. Technology could help financial services firms ensure employee productivity doesn't slip.August 3
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This year's social and economic upheaval due to the pandemic and protests against racism is also impacting hiring and recruitment at banks. Hear what companies are doing to change employment practices in response to these crises.July 31
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Financial firms should offer debt consolidation and faster payment services to help employees who may be struggling through the coronavirus pandemic.July 27Vice President and Principal of the Financial Services Industry AdvisoryCeridian
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While some big banks have pledged to avoid layoffs this year, hiring freezes and delayed projects are becoming the norm during the pandemic.March 31
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The bank is offering big bonuses to hire new financial advisors; recent share repurchases have raised the cost of future rebuys.February 3
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Sandy Pierce wanted to better understand how to help colleagues further their careers, so she came up with four questions that are now used in talent reviews at the $108 billion-asset Huntington.September 22
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New tech-focused programs for employees can help banks evolve from within.July 19Chief Human Resources OfficerBMO Financial Group
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Elder abuse costs banks $1 billion in deposits a year, according to AARP. It has launched a video-game-style online training program that teaches bank employees what to be alert for.May 8