Wednesday, December 5, 2012

Newsletter: Bank employees are refusing new jobs for fear of layoffs

eFC.com
Hiring and pay trends in banking, finance and securities 6 December 2012
TOP STORIES
Bank Employees Refusing New Jobs for Fear of Layoffs
Two disturbing trends are emerging in the banking job market in Asia: many employees are becoming fearful of moving internally, while quitting banking altogether is an increasingly popular option for those who want a new job.
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Employee apathy dogs banks' attempts to promote flexible working
In theory it's simple: promoting flexible working will help stem the flow of female employees who leave companies after having children. But in Asian financial services, for both firms and the women they employ, flexibility comes with a host of problems.
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Want to move to Asia? Be prepared to pay your way, especially if you're junior
If you are thinking of moving to Asia, get ready to fund some or all of the costs – these days a comprehensive relocation package may not be on offer.
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Chinese Thrive as US Banks Hire
When Vivian Lin Thurston began her American career there weren't many other Chinese nationals working in the US investment industry, especially in her adopted home town of Chicago. “That was in 1998 and no one really cared about China as an economy or investment opportunity,” she recalls.
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Five Ways to Pick the Right MBA
For those considering admission to an MBA programme, your choice of school is a critical career decision. Over the past few months, I have spoken with admissions officers, marketing directors, students, professors, alumni, and headhunters from the world's top-20 business schools. The advice below came up again and again during these conversations, and it will help guide you towards a decision.
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