How Banks and Credit Unions Can Prosper in the Midst of the 'Great Resignation'

Banks and Credit Unions have reached a pivotal moment. As labor shortages continue to grip the economy and workers reassess what’s important to them, financial leaders are looking for new strategies to engage talent and combat what is being called the ‘Great Resignation.’ According to the U.S. Bureau of Labor Statistics, over 4 million Americans...

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Just as banks and credit unions are rapidly upgrading technology to support the evolving needs of their customers and members, forward-thinking financial centers are also upgrading their hiring strategies and technology.

Banks and Credit Unions Upgrade their Talent Assessment Processes to Engage the Best New Talent.   Ask the HR manager of a bank or a credit union, “What’s your biggest challenge?” Increasingly, the response is “Talent Assessment” – finding the right people who will excel in today’s rapidly changing financial work environment. Talent assessment has...

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What comes to mind when you think of a simulation? Whether you imagine a flight simulator or a simulated ride at a theme park, the term typically evokes an image of a highly interactive, engaging experience. Job simulations bring this realism to the workplace. Job simulations are not traditional employment tests. They are online virtual...

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