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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

An internal survey by Goldman Sachs junior employees detailing the crushing workload and the accompanying stress due to demanding bosses has led to some stocktaking about the working conditions in the industry and the high attrition rates. Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work.

Banking 95
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When Scaling Your Leadership is a Matter of Life or Death

Next Level Blog

That’s exactly the question that Los Angeles Regional Food Bank CEO Michael Flood and his team had to answer and act on this year. The food that those folks receive from the Food Bank enables them to pay for other necessities like health insurance. It was up to the Food Bank to keep them fed while they waited.

Banking 246
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Navigating the Digital Payment Landscape: Understanding ACH and EFT Transactions

Strategy Driven

Ranking as one of the most reliable forms of digital payment, ACH payments revolve around the Automated Clearing House network, a secure and efficient electronic network that interlinks banks and financial institutions across the United States.

Banking 87
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How Climate Change Can Drive Migration

The Horizons Tracker

One of the biggest concerns surrounding climate change is its impact on people, with the World Bank estimating that 216 million people could be displaced by 2050. Indeed, 58% of migration occurred in regions where environmental stress was high and the capacity to adapt to such changes was low. Forced to move. . High vulnerability.

Banking 111
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Leveraging Leadership R&D

Lead Change Blog

When you feel in control of your day, and it shapes out as you planned, the health benefits are significant as you feel less stressed. No, not Research and Development, but rather Replicate and Duplicate. Take a workshop and develop a coaching programme around it. They practice R&D! Convert a book into a workshop.

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Will Artificial Intelligence Take Your Job?

Leading Blog

Ever since, artificial intelligence or cognitive technologies as it is often referred to, have been slowly developing in capability and application. For example, there are about the same number of bank tellers despite the introduction of ATMs and internet home banking technologies. This skill cannot be stressed enough. “As

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Responsive Leadership: Needed Now More Than Ever

Leading Blog

In these fast-paced, ever-changing, turbulent, and most stressful times, a major challenge that all leaders face is how to reduce skepticism and build greater trust and confidence in their role, their decisions, and in the organization they lead. Her personal commitment to improve society extends to active community and civic engagement.