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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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Banking System: Managed Economies vs. Capitalist States

CEO Insider

The banking sector is one of the most critical aspects of a country’s economy, despite their preferred economic systems. Banks play a critical role in an economy by facilitating funds allocation from the savers to borrowers. The post Banking System: Managed Economies vs. Capitalist States appeared first on CEOWORLD magazine.

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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 89
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Getting Insurance or Opening a Bank Account: Which Is a Wiser Choice?

Strategy Driven

Getting sick, losing your job, or coping with the death of a loved one can be some of the most stressful moments of a person’s life. You can open a bank account and put your money there as part of your savings. Life can be unpredictable. One day we are healthy, then we’re in a hospital bed the next day.

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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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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. High vulnerability.

Banking 128
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Financial Wellness Programs That Keep Employees’ Paychecks in Check

HR Digest

Employees are more stressed about their finances in a post-COVID world, and they require reassurance regarding benefits and financial possibilities. Good financial wellness programs can help your employees feel less stressed about the future. These kinds of programs are designed to provide more job stability and savings options.

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