Storm2’s Post

"Good people are still hard to find but clients are no longer writing blank cheques for mediocre talent that doesn’t actually add real value to their business." Oliver Knight, AVP, highlights that despite significant challenges in the past 18 months, demand for US fintech talent remains high, with salaries rising modestly and companies focusing on fair compensation rather than overpaying for mediocre candidates. Download your free copy of The Financial Technology Salary Survey to access a wealth of knowledge and practical advice that will set you apart in this competitive landscape 👇   https://lnkd.in/eQK5Vsm9   #SalarySurvey #FinTechSalarySurvey #FinancialTechnologySalarySurvey #FinTechCareers #YourSuccessOurBusiness

We couldn't be more pleased with the results from our latest #Fintech Global #Compensation Surveys here at WTW. With record number of participants, we had plenty of data to analyse with confidence. The below article used that vast amount of data to explore the challenges and opportunities the Fintech sector across the world are facing. We provide high level analytics on attracting and retaining #talent, #salary and #bonus increases, pay mix and premiums for different roles and #skills, and expected impact of economic volatility and uncertainty on #rewards decisions.

See 3 trends expected to shape rewards and compensation decisions in the #fintech industry, according to our surveys https://lnkd.in/ebJEA6hc #compensation #CompensationStrategy #FintechIndustry #WTWPerspective

3 Negotiation Essentials To Maximize Your Next Fintech Pay Package - Forbes: This is a list of what you can negotiate on when accepting your next fintech job. These items go beyond the salary itself to maximise your pay, ...

Great insights here...

https://lnkd.in/gAaYUczQ From my perspective, DBS Bank’s decision to deduct 27% of its CEO’s salary due to tech glitches is a bold move that underscores a strong commitment to accountability. While it’s impressive to see such high standards for leadership, I’m concerned that the penalty might be too severe. A deduction of this magnitude could demoralize the CEO and other employees, and it raises fairness issues if the tech problems were beyond the CEO’s direct control. This approach might foster a climate of fear rather than motivation, so balancing accountability with empathy is crucial.

Mid-sized banks are encountering growing competition in recruiting top talent. As a leader in mid-sized banking, how do you compete with Fintech? #RingsideTalent #Accounting #Finance #RingsideTalentTips https://ow.ly/eqxv50REz4k

🔉 Credit Unions: are you ready to win the war for talent? With 11.2 million job openings in the U.S., fierce competition and rising costs make it essential for credit unions to adapt in order to attract and retain top talent. Here's how you can leverage technology to stand out: 💡 Smart recruitment tools: use AI-powered systems to screen candidates faster and connect with the right talent. 📱 Digital onboarding: simplify paperwork and make a great first impression with modern onboarding platforms. 📊 Workforce management tech: optimize staffing, track performance, and reduce turnover with analytics and HR software. 🤝 Collaboration tools: enable seamless communication for remote or multi-location teams while maintaining member service standards. 📂 Document solutions: automate document collection for recruitment and onboarding, saving time and reducing errors. To learn more about how your credit union can thrive in today’s competitive labor market, click the link in the comments section ⤵ #creditunions #talentmanagement #automation #ai #digitaltransformation #fileinvite

💼 The Fall of the Bonus in Fintech: What do candidates truly value in compensation today? In part two of our series based on findings from the "Candidate Considerations When Joining a Fintech Start-Up/Scale-Up 2024" survey, we delve into the changing priorities in Fintech compensation. Bonuses, once a cornerstone of competitive packages, are no longer as highly valued. Instead, candidates are prioritising long-term stability and value. From equity options to generous annual leave, today’s professionals are increasingly drawn to benefits that enhance work-life balance and offer sustained value. Curious about why these shifts are happening and how FinTechs can adapt? This blog explores the evolving landscape of compensation and what it takes to attract top talent in a competitive market. 🔗 Read part two in the comments to discover what candidates value most. #Fintech #HiringTrends #Compensation #Recruitment #CareerGrowth #Finitas #SurveyResults

The gig economy transformed how people work and earn money, creating new opportunities for lenders equipped with the right technology. Baleen Lending empowers banks to open doors to new borrowers and expand their customer base. 1099s got you down? BL has got you covered.