Inside investment management companies it is very crucial for human resource managers and c-level executives to find improvements to the bottom line. When it comes to the recruitment process it’s imperative that there is cost-effective ideas to a continuing problem of recruiting failures. Several industry experts target the significant shortage when it comes to acquiring seasoned and specialized talent. As with any type of drought, financial talent shortage has been going on for years. That said, practical solutions don’t stick out because of the challenges for the financial industry as a whole. Here are some of the factors that back up this claim:
- New technologies that are destructive
- Customer expectations are high
- Competition is intense
- Networking is not done effectively when it comes to social and digital worlds
- Talent availability limited by financial regulatory climates
These above recruitment challenges have been known to affect nearly half of all financial service companies. Of those surveys conducted in the last several years, it shows that 50 to 70 percent of CEOs working in financial services, state that threatened talent shortages actually helped their firms grow. As of today, there are a list of investment management companies using outside consultants to make sure recruiting is on time. This specialized business sector inside the financial industry can include a diverse range of private equity firms, hedge funds, and even fortune 500 businesses.
All of these organizations have managers and executives targeting what’s important, the bottom line. When you have investment management firms that are specialized, it simply means you’re getting the most highly qualified outside recruiting experts. Gobuyside can be found on the short list in the top position. The company is headquartered out of New York and has nearly 500 client companies in 16 countries and 52 cities. While they help clients fulfill temporary specialized positions, Gobuyside allows client businesses to bring on talent for consulting engagements that are part time.
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