Thursday, June 7, 2012

Newsletter: Work-life balance is all just rhetoric

eFC.com
Hiring and pay trends in banking, finance and securities 07 June 2012
TOP STORIES
Guest Comment: When banks talk of work-life balance, it's all just rhetoric. In reality, they treat us more like tools than people
Banks say it all the time: their people are their most valuable assets…treating their people well is a top priority, and so on and so on. But when it comes to walking the talk, do banks really measure up? I'm not sure management's mentality towards their staff has actually changed that much recently. When it comes to the crunch, it's all about the bottom line; people are still viewed as tools, and are simplified into financial-productivity and performance indicators, with well-being often coming off second best.
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Here's a depressing thought: The older you are, the wider the gender income gap it seems
As dismal as it sounds, a recent study found that women hit the pay ceiling almost a whole decade earlier than men.
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Guest Comment: Boss to unconscious research assistant - wake up, you've got work to do!
One day, he had been working for many hours and was not feeling well. He planned to go home for a good rest, but before he had even left the building, he lost consciousness and collapsed in the lobby. His supervisor visited him in hospital and said: “Hey, wake up! You can't sleep as you have to prepare the summary for me, and some data analysis.” After this, he resigned.
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Commodities professionals bid Europe farewell as jobs come to Singapore
Singapore remains a sweet spot if you're working in commodities. Oil trading giant Trafigura has relocated its legal headquarters out of Switzerland into the Republic. It has also moved about 30 staff into the city state in the past year to trade metals and bulk commodities.
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Guest Comment: How I moved from a Chinese securities brokerage to a Hong Kong bank, and why I don't regret it
With the help of friends, I have joined the corporate lending team of a Hong Kong bank. Without any experience in the banking industry and coming from a mainland-headquartered firm, I have had to adapt to a different working environment. Here are three reasons why I prefer banking.
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