Thursday, February 23, 2012

eNewsletter: Redundancy 101

eFC.com
Hiring and pay trends in banking, finance and securities 23 February 2012
TOP STORIES
If all else fails, become a recruiter: This and four other tips to save your career after a redundancy
A steady stream of investment banks in Asia have announced redundancies in the past few weeks. So what's an unemployed i-banker to do in this morose job market?
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Redundant traders take note: here's a potential lifeline
Even as firms lay off staff, there are still signs of life in the financial recruitment landscape. Yuan trading for instance is seeing some growth.
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Why it's so important to talk to recruiters face to face; and how to go about setting up a meeting
You send your CV to a recruiter, you wait, you don't hear back, or you only get a brief phone call or email. But what you really want is the chance to talk in detail about your career with a real-life person, perhaps over a nice coffee. Here's our guide to making your candidacy stand out enough for a recruiter to want to actually meet you in the flesh.
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Fancy a 30 per cent wage increment even in this market? Here's where you need to be
China continues to lead Asia in terms of its ability to dole out hefty salary increases. A recent Hays salary report shows that 51 per cent of mainland employers gave increments of six to ten per cent. That generosity is even more pronounced in the banking sector with most employers willing to pay 15 to 20 per cent above market rate to attract the best talent.
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