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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.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

How do your organization’s strategic and operational goals inform what work roles will be needed in the future? What is the historic attrition and turnover rate and how do these map to the skills that keep you competitive? Who will do this work? She is also a fellow of the Poynter Institute, a journalism think tank based in St.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

During the design phase you will also establish the goals and objectives of your program. An example of a goal for a mentoring program could be that mentees will be more confident and knowledgeable when interacting with clients. This increases your chance of meeting the goals and objectives you noted during the design phase.

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Could HR be the most data driven function?

HR Digest

If you analyze functions like finance, IT, and marketing you will find common drivers of success. They include: people, data-driven analytical decision-making, and showing how their actions directly impact strategic goals at the end of the day. Increasing innovation is tied to strategic goals. Talent Management.

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Before You Link Pay to Customer Feedback: Five Essentials

Harvard Business Review

Your customer metrics must correlate with financial and strategic goals. Your CFO and finance team can take a leadership role here. For instance, you can calculate the value of turning a detractor into a promoter, or use differences in attrition rates to assess the expected lifetime values of different customer groups.