5 Ways to Prepare for the Looming Retention Crisis

Thurs, 2nd Dec 2021 at 14:00 – 14:40 PM GMT

Speakers

                                   

Andrew Heath,                  Sandy Locke,

CEO,  WeThrive                         HRM, Lombard International

                                         
Retaining top talent has been a significant challenge in financial services during the last decade, with trust, engagement and happiness on the decline. In 2019, the turnover rate among financial staff was up to nearly 14%. And as the turnover rate continues to climb, the average tenure continues to drop. 

With employees still waiting to feel the full effects of the pandemic, it is predicted that retention will be of critical importance to financial services employers. Since the minimum cost of replacing an analyst is around 50% of their annual salary, or around $50,000 to $100,000, keeping your turnover rate low should be a key business objective. 

Content

Join Andrew Heath, CEO of WeThrive and Sandy Locke, HRD of Lombard International on 2nd December at 14:00 where they’ll be discussing:

  • Why your people leave
  • How to identify those at risk
  • How to prevent turnover
  • The role of the hybrid manager
  • Becoming an employer of choice