Seven tips for community banks to prepare for union organizing
As unions aim to organize new industries, financial institutions have not been immune. [Continue]
How 2023’s talent trends informs 2024’s hiring decisions
Brian Love, head of banking and fintech at executive search and talent advisory firm Travillian, discusses the trends that will define this year’s hiring market. [Continue]
How to counteract ‘quiet quitting’ in the workplace
The phenomenon of “quiet quitting” in the workplace is growing in recognition. It often refers to workers fulfilling their job description duties while refusing to go above and beyond or invest emotionally in their work. [Continue]
Attracting and retaining talent remains a challenge
As the Federal Open Market Committee continues to raise rates, the labor market across the United States remains tight. Unemployment sat at 3.4 percent in January, and was even lower across much of the Midwest. [Continue]
10 Talent Management Best Practices
Talent management continues to be a top concern for leaders amid ongoing labor market tightness. Talent is often listed as the most important asset in an organization. [Continue]
It’s a workers’ market, to which banks must adapt
If you’ve been out to dinner this summer, you’ve no doubt been waitlisted at a restaurant that had plenty of open tables but not enough servers. Perhaps you’ve had a recent flight canceled for lack of a crew. [Continue]
Handle departure with compassion
What banks (and really, any industry) can learn from the current spike in layoffs is that former employees can be quite vocal about their last moments with a company. Consider mortgage company Better.com’s callous firing of 900 people via Zoom. [Continue]
What employees want
We have heard a lot about the Great Resignation; well, I just learned that all those people who are quitting their jobs are not necessarily happy with their decisions. Johnny Taylor, the president and CEO of the Society for Human Resource Management, declared recently that 72 percent of those folks regret their decision. For those looking to attract or keep employees, he also offered insight into workforce desires. [Continue]
Community bankers utilize creativity, persistence to fill talent pipeline
Last fall, 73 percent of employers reported difficulty finding employees, and nearly the same number of employers expect that difficulty to continue. In order to compete for talent, community bankers have had to get creative and strategic by partnering with nonprofits, state bankers associations and institutions of higher learning. [Continue]
Minnesota’s Bridgewater Bank takes culture, growth seriously
Mary Jayne Crocker, executive vice president and chief operating officer at Twin Cities-based Bridgewater Bank, speaks about the bank’s unconventional culture and how it attracts and retains talent. Transparency, accountability, continuity and recognition all play important roles, from onboarding to discerning when an employee is no longer a cultural fit. [Continue]