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As layoffs accelerate in the financial services industry, unemployed bankers face the question: what to do next? The answer is not always obvious.
Lacking financial incentives, banks are trying to keep their best employees by using more creative incentives such as executive mentoring and Web-based training.
Before initiating across-the-board layoffs to cut expenses, banks should consider alternatives such as part-time staffing models.
To hire wisely, banks need a systematic rather than hit-or-miss approach.
Cash is king in the aftermath of a natural disaster.
HR, procurement and accounting are among the functions optimized when IT and business processes are combined.