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How to Build an Employer Brand that Attracts Great Banking Talent

by Mark Nancarrow in career
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In today's hyper-connected world, every company has a reputation, whether they actively cultivate it or not.  In a similar way that a commercial brand can affect the way a consumer feels about you, so too can your employer brand impact a candidate's decision on whether to work with your company. That's why leaders across every sector are now investing more time and money into effective employer branding exercises.  For a UAE-based bank in search of Emirati talent, for example, your employer brand image can play a key role in getting the right kind of candidates for your organisation. The best candidates will naturally gravitate towards organisations that put their best face forward both online, and offline.  So, how...
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Is Your Comfort Zone Getting In The Way Of Your Finance Career?

by Mark Nancarrow in career
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Here’s a good question to reflect on: when was the last time you stepped outside of your comfort zone? Comfort zones exist for a reason; they provide a sense of peace and safety, and the confidence that comes from knowing what to expect. As such, they do an excellent job of protecting us from danger, impulsive decision-making, and potential embarrassment. However, the flipside is that our comfort zones also protect us from growth. Sometimes, a comfort zone is just a cleverly-disguised cage, holding you back from achieving your true potential. When you're "comfortable" in a position, you stop striving for greatness, which means that you stay in the same place rather than moving forward. Although...
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5 Strategies For Building a Positive Company Culture

by Mark Nancarrow in career
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Today's candidates want more from their finance careers than an excellent remuneration package. They want an opportunity for progression, a chance to do something meaningful, and most importantly, they want a strong company culture.  Culture defines your business, and how you do things. For instance, a financial company with an innovative company culture might spend more time exploring new technology and sending team members to training seminars, and leading industry events. Having a well-defined company culture helps you to attract the right kind of people to your team, but it also ensures that you have the talent you need to achieve your business goals.  Since culture supports workplace happiness, and happy employees...
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Is It Time To Look For Another Recruitment Company?

by Mark Nancarrow in career
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Let’s say your recruitment company sent you 10 CVs for an IT project manager role; how many of those CVs would you expect to lead to an interview?  You probably answered 5; after all, a recruitment specialist who truly understands your sector should be able to deliver a ratio of at least 50% on average. However, the reality is that most companies probably get something closer to 20% CV to interview ratio – not great numbers, considering the amount of time and money invested.  The piece that’s easy to forget here, is that not all recruitment companies are the same...
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How to Improve Your Staff Retention in The Banking Sector

by Mark Nancarrow in career
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Finding the perfect people for your team is only the first step on any banking team’s journey. Once your recruitment specialists have helped you to locate the right candidates, you will also need to retain them for as long as possible.  As the job market grows more bullish for banking professionals, hiring managers find themselves facing increased competition, making it harder to find and hold onto critical hires. Since the cost of turnover in a specialist market can be astronomical, it is essential for today's employers to think about how they can engage their staff and reduce attrition.  The following tips can help.  Show Them a Future in Your Company  banking stars are often...
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