Why Your Banking Tech Company Should Invest in Training Fresh Graduates
As a business owner, hiring fresh graduates might seem counter-productive to your short-term goals, as you would prefer someone who is already well acquainted with the workplace. Sometimes, banking tech business owners that we work with are less enthused about graduates and prefer to have someone with years of experience – the more experienced, the better. But in adopting this way of thinking, you are certainly disregarding a sizeable and valuable proportion of the employee market. While studies show that every successful workplace needs to include a diverse team of different ages, backgrounds and genders, graduates have a set of skills...
The Time-Saving Impacts of Banking Technology on Our Day-to-Day Lives
The way that technology has changed our lives over the last two decades has been on a scale that no-one could have predicted. This has impacted on virtually all of our lives, as technology which was created for the business world now rules almost everywhere you look, from contactless travel cards to smart fridge-freezers - the desire for faster, smaller, more intelligent systems has changed the way we live forever. Banks were once thought of as places with long queues, they were stuffy, and for people who work outside the sector, doing our own personal banking seemed out of the question. The vast majority of smart-phone...
Am I Being Paid What I Am Worth?
Talking about money can always be slightly uncomfortable, even more so when the conversation is with your manager. Discussing your salary package and potential raise is something that a lot of people in the workplace shy away from – unfortunately, this can cost you more money in the long run than you might think. Business Insider estimates that not negotiating at the start, and throughout your career can cost you up to $1,000,000 (£820,000). This means that accepting a $45,000 salary and the projected 1% raise per year will leave you nearly a million USD worse off than...
The Benefits of Having a Nationalisation Programme for The UAE
Any UAE national will tell you that the government's dedication to their nationalisation programme (also referred to as Emiratisation) has permanently altered the face of the Emirati job market. Before the programme, the labour market was structurally divided, with the vast majority of jobs being taken by overseas workers. Emiratis missed out on certain job opportunities as the area’s economy grew at an accelerated rate as job seekers from all over the world flooded to the region to enjoy the many benefits of living in the UAE. Tax breaks for workers, competitive compensation packages and the beautiful scenery are among just some of the reasons many overseas workers...
5 Ways to Help Your Technology Employees Excel Using Feedback
When was the last time you gave instant feedback to one of your employees, good or bad, for something they had done? It can be easy in the workplace to hide behind emails, and to wait for more significant milestones like annual reviews and appraisals to give feedback to your employees. Worse still, opportunities to provide feedback can often fall by the wayside, especially in demanding sectors like technology. Who has the time to stop and talk about any issues they have candidly? Giving feedback directly to an employee is sometimes the last thing on a manager’s mind. In a results-driven sector such as technology, it can be...
