Research Briefing
Financial Services: Five Principles of Effective Talent Management
How are these best-in-class organizations crafting and executing a cohesive commercial talent management strategy?
Profitable growth leaders in the financial services industries spend nearly 30% less on sales turnover and are significantly more likely to meet their revenue goals.
Alexander Group recently surveyed 250+ commercial leaders in financial services to gain their insights on the best practices for developing a talent management strategy that truly brings a competitive advantage.
The report, Five Principles for Effective Talent Management in Financial Services, is now available. Highlights include:
- Companies that invest in employee engagement programs achieve higher customer experience ratings.
- Financial services companies are 20% more likely than other industries to have mature and well-documented programs around providing sellers flexible work opportunities.
- Financial services sellers have a much longer tenure than other industries, staying in their role two to three years longer.
- Compensation is the #1 reason candidates accept hiring offers and is also the top reason employees resign; the dollar amount, however, is not the only component that matters.
Interested in finding out more on how to develop advanced practices for talent management?
Please complete the form and an Alexander Group representative will be in contact with you soon to schedule your briefing.
