Financial Services

Financial Services

The Changing Financial Services Industry—How to Find, Activate and Retain Talent

In recent years, the financial services industry has experienced seismic shifts and uncertainty, resulting in new regulations, reform and more. Those changes apply across the board, whether in banking, brokerage, commercial real estate, credit card companies, credit unions, hedge funds, insurance, mutual funds or securities.

Then there’s the generational change, including a “graying” of the industry and entry of the millennials. Firms must adapt their products for this high tech generation and prepare their workforce.

Meeting these needs requires fresh approaches, taking advantage of the latest HR technology and new best practices.

Here’s everything you need to find, activate and retain a dynamic new workforce: finding top talent, onboarding processes, blended learning, social recruiting and more.

Acquire High Performing Talent

As a financial services firm, you need to find next generation talent that fits into a structured, complex industry. You also must balance projected growth against hiring costs. This resource helps you focus in your efforts and dollars.

Top Sources of Hire 2016 removes the mystery from hiring, identifying what delivers the best interviews and hires based on the applicant tracking systems (ATS) of 1,200 organizations.

Download Top Sources of Hire 2016 today to discover what works best.

Learn how NetIQ increased quality of hire and reduced agency fees by 76%
Read the NetIIQ case study

Hold On to New Hires

For companies facing dramatic change, it’s especially important to have a formal plan to welcome and onboard a new hire. A plan dramatically increases time-to-productivity as well as reduces the risk of quick quits. For ideas, check out the Ultimate Guide to Onboarding.
  • Practical tips—what employees want, generational differences
  • Checklist—how to link motivation and performance
  • Case studies—showing challenges to results
  • The research is done! Download the Ultimate Guide to Onboarding today.

    Learn how Accenture improved the onboarding experience
    View video

    Learning That Improves Service

    Fresh approaches hold the spotlight in today’s training programs, including blended learning and social media. By using new techniques and the latest software, your organization will increase service levels and avert risk. A learning system also simplifies compliance reporting.

    Learn how BenefitMall used learning to create a competitive edge
    Read the BenefitMall case study

    New Approaches to Performance Management

    In a world filled with regulations and compliance, delivering inspiring and effective feedback becomes even more important. By shifting the focus to the employee experience, you can bring a new energy to performance management.

    For new ideas, check out Transforming to Agile Performance Management.

    Learn how Kearney & Company achieved engagement and 90% review completion
    Read the Kearney & Company case study

    Best Practices for Millennials

    Millennials are shaking up the workplace. Whether employees or managers, they communicate differently, want to level corporate ladders, and bring a fresh approach (theirs) to work.

    In this brief eBook, 5 Secrets to Retaining Millennials, you’ll discover how to change your mentor program, rethink training and optimize technology.

    Learn how Van Andel attracted superstar candidates
    Read the Van Andel case study

    For more great resources, sign up for SilkRoad’s Book Club and access to over 30 book chapters on popular talent topics.

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    Additional Resources

    Research Report | 2017 Annual Recruiting Survey

    Recruiting is one of the hottest issues for HR professionals largely thanks to an improving economy and low unemployment rates. We wanted to take a snap shot of the recruiting landscape with this survey. The HR Daily Advisor research team conducted the 2017 Annual Recruiting Survey in January 2017.

    Utility Companies: How to Improve Safety, Readiness and Compliance through a Learning Management System

    When companies consider the benefits of a learning management system (LMS), it’s often focused on helping employees develop skills. An equally important benefit, especially for utility companies, is tracking employee certification, training and compliance to manage risk and increase safety.

    Nucleus Research: Talent Management Technology Value Matrix 2016

    The evolution of technology is moving talent management to the perimeter to hand purview over its execution to line managers. Functionality from vendors in this year’s Value Matrix shows how, and parallel advances in analytics show why HR can and must rethink its role in talent management – thus retaining skin in the game.

    SilkRoad Talent Activation Cloud

    Talent Activation focuses on the experiences, process and metrics that enable HR to create an equipped, aligned and engaged workforce. It addresses every chapter of an employee’s journey in a seamless user experience.

    Video Tour of SilkRoad Talent Activation Solutions

    Take a video tour of SilkRoad talent activation solutions. Complete just one form, and access our entire library of product videos—see how SilkRoad can transform the way you attract, hire and activate top talent.

    Learning Video Demo

    In this short video demo, you will discover the one-stop way to centrally manage, track, and report on learning activities, while providing an entire range of multi-media content. You’ll learn how to leverage the power of on-line learning, reduce employee training costs, and lower compliance risk.

    Agile Performance Video Demo

    SilkRoad Agile Performance is the simple alternative to traditional performance management. Activate employee performance with Check-ins, Goals, and Review apps to maximize productivity, increase engagement and align with corporate objectives.

    Recruiting Video Demo

    SilkRoad’s high-powered applicant tracking system allows you to source, attract, engage, screen and hire top talent fast. From requisition approval to “yes!” reduce your recruiting spend by 80% or more.

    State of Talent 2017

    The Big Shift in 2017—HR Puts Employees First. More than ever, today’s CEOs recognize the tremendous competitive advantage in a workforce that’s highly motivated, excited and tightly connected to business goals. Building a powerful workforce strategy remains front and center for HR teams.

    The Employee Experience in 2025 – A SilkRoad Brief

    In future years, the employee experience will emerge as a critical HR focus due to its potential to impact business results. Experiences need to move beyond engagement and focus on “activating employees” to outcomes such as greater productivity, agility, competitive advantage and the like.

    White Paper: Talent in 2025

    What will HR look like in 2025? Four HR industry experts recently shared their thoughts on the future in an engaging and high-energy panel discussion.

    Impact of Agile Performance

    Frequent feedback in the workplace is being demanded by employees. Recent research by Tiny Pulse, found that 64% of employees surveyed said they wanted their supervisor to check in with them at least every two weeks, with 42% of millennials wanting feedback every week. This white paper lays out a plan to create a culture […]

    Calculating the ROI of an Agile Performance Technology Solution

    Performance management processes are in a state of flux. The traditional systems we’ve grown accustomed to are being updated and enhanced to reflect today’s workplaces and employees. These shifts in performance management are not the result of a spur of the moment decision or a trend du jour. They are in reaction to years of ineffective performance management cycles.

    Ultimate Guide to Performance Management

    Are your employees contributing to organizational success? The Ultimate Guide to Performance provides the information needed to improve how companies manage and track employee performance, to ensure employees are aligned with the proper goals and objectives to increase business performance.

    White Paper: Transforming to Agile Performance

    It’s time to move beyond traditional performance management. Leading HR experts recommend getting started on a fresh look at performance management, emphasizing real-time, agile and a focus on results. Learn how agile performance works, typical cost and productivity savings, best practices, and more.

    What Keeps HR Up at Night 2016 Report

    We asked HR professionals to share with us the pains and challenges they face each day in effectively managing and engaging their talent.

    White Paper: The Who, How and Why of Onboarding

    Learn key findings from the 2016 CLO Innovations in Onboarding Survey, onboarding best practices and success stories.

    Report: Seeking Agility in Performance Management

    Learn why traditional reviews still reign as most popular but performance management change is on the way. An eBook, Seeking Agility in Performance Management, reports on the survey results from over 200 HR leaders in this important area.

    Top Sources of Hire 2016: The Definitive Report on Talent Acquisition Strategies

    Get recruiting right with the Source of Hire Report. The Source of Hire report is back and more comprehensive than ever, covering more than 13 million applications, 600,000 interviews, and almost 300,000 hires. The job market is back. And so is increased competition for top candidates.

    Calculating the ROI of a Recruiting Technology Solution

    Learn formulas to calculate how much you could save by using an applicant tracking system or a recruiting technology solution to manage your talent acquisition processes. Includes strategic guidance, practical tips, and recruiting metric formulas to lead ROI discussions.

    Calculating the ROI of a Performance Technology Solution

    Productivity gains come from effective performance management. This requires a system that gives HR, managers, and employees a clear line of sight into goal setting, the review process and more. Learn some of the key areas where you can increase productivity, reduce turnover, and decrease costs.

    State of Talent Management Report: The Always On Talent Economy

    Radical changes in HR, from agile performance to analytics, will make 2016 a defining year in the HR world. Job seekers are gaining more power than recruiters and technology is becoming an ever present asset.

    Ultimate Guide to Career Portals

    First impressions matter—a career portal can make or break a hiring strategy. Learn the 5 key elements to attract the best candidates with a career portal that works.

    Ultimate Guide to Onboarding Portals

    The potential employee experience is key to the success of any company. Learn the 5 key elements to welcome them with an onboarding portal that works.

    HR in the C Suite: How to Get and Keep Your Place at the Table

    HR in the C-Suite: How to Take—and Keep—Your Place at the Table discusses the emerging role of the chief human resources officer (CHRO). After decades of being relegated to a tactical function, HR is growing in power and prestige. Why now? The recent recession is the major reason. As budgets tightened, CEOs required HR’s counsel to manage a shrinking workforce and keep staffing reductions from impacting operations too much.