While the economy modifies and adapts to the new reality, I want to give a quick update on our observations of the financial services job market.
Even though financial institutions have been hit hard by coronavirus, in many ways the day-to-day operations activity is at an all time high.
The output across investments, marketing, administration, contact centres, leadership teams and so on has been extreme and I am hearing from many people they have never worked harder than at this time, especially as teams adapt to new technologies and stay connected via online meetings.
Despite the blows to the economy, fortunately there is a relatively low rate of job loss and unemployment across financial services and there have been no reported job losses at all across Kaizen’s client group. Even our contractors have retained their prescribed hours, many of whom are looking at contract extensions.
ARE FINANCIAL SERVICES INSTITUTIONS…