Professional in financial services discussing skill retention strategies - Global Banking & Finance Review — An insightful image depicting a financial services professional addressing the importance of retaining specialist skills. This visual supports the article on job retention in the finance sector, highlighting the need for skilled professionals.

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FINANCIAL SERVICES SECTOR: HOW TO RETAIN SPECIALIST SKILLS

Published by Uma Rajagopal

Posted on January 9, 2014

1 min read

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Banking Wealth Management Human Resources Digital banking fintech

Did you know over three quarters of financial services professionals are open to finding a new job? Watch and find out why. To read more about it visit: http://www.globalbankingandfinance.com/protect-and-nurture-your-employees-specialist-skills/

Key Takeaways

Over 75% of financial services professionals are open to new opportunities, signaling a high turnover risk.
Retaining specialist skills requires proactive strategies including reskilling, upskilling, and supportive culture.
Digital transformation intensifies demand for combined technical and sector-specific expertise.
Flexible work arrangements, development opportunities, and strong leadership help keep talent engaged.

References

Frequently Asked Questions

Why are so many financial services professionals open to leaving?

Many feel their roles lack growth, competitive rewards, or flexibility, motivating a search for better opportunities.

What can firms do to retain specialist skills?

They should invest in reskilling/upskilling, offer career development, and foster an engaging culture with flexibility.

How does digitalisation affect talent retention?

It raises the bar for technical and digital expertise, so firms must support continuous learning to keep specialists.

FINANCIAL SERVICES SECTOR: HOW TO RETAIN SPECIALIST SKILLS

Key Takeaways

References

Frequently Asked Questions

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