Financial Services & Insurance Industry Recruiting Challenges
The financial services industry continues to be one of the primary drivers for global economic growth. Competition for specialized talent and a greater emphasis on technology have made recruiting talent with the requisite skills more difficult than ever. To overcome these challenges, financial institutions need a more flexible and creative talent strategy to help improve hiring diversity, retain skilled employees and prepare their workforce for the skills of the future.
Leading financial services institutions understand that in order to compete for the top talent, they need best-in-class talent acquisition and workforce management solutions.
PeopleScout provides just that with our end-to-end financial services recruiting solutions. We bring the strategy, talent intelligence, experience and technology together to create best-in-class talent acquisition and total workforce management solutions that begin with the sourcing the right candidate and end with making the right hire.
PeopleScout’s talent solutions include recruitment process outsourcing (RPO), managed service provider (MSP), total workforce solutions (TWS) and talent advisory capabilities. Each solution is crafted to address and solve your toughest talent challenges with programs uniquely tailored to financial services hiring needs. Our goal is simple: We want to help you bridge the gap between NOW and NEXT with innovative and future-focused talent solutions.
The unified talent acquisition model delivered by PeopleScout can provide your financial services company with an agile solution that complements your internal recruiting team or a full-cycle program that provides strategic consultation and oversight of your entire talent strategy. Whether you are in need of new permanent hires, contingent workers or a blend of both, PeopleScout has you covered.
95% of insurance companies reported having open positions to fill.
Only 59% of financial industry leaders have a plan to promote diversity and inclusion.
62% of senior leaders in the banking industry believe that the digital talent gap has widened.
Only 10% of millennials in finance plan to stay in their current role for the long term.
FINANCIAL SOLUTIONS SUPPORT
A financial institution engaged PeopleScout to develop an RPO solution that handled cyclical hiring to support its internal recruitment teams for specific lines of business. Positions in scope included tellers, personal bankers, IT, risk, compliance, audit, finance, mortgage, wealth management and call center representatives. Learn how we support this client with a full-cycle RPO solution, including post-offer acceptance and pre-hire compliance, in this case study.
FROM NOW TO NEXT
Why Choose PeopleScout for Your Financial Services Hiring Needs?
Scalable Recruitment Solutions
Fully dedicated support teams with the ability to scale up and down to meet your financial services hiring needs during high and low volume hiring periods.
Global Recruiting Reach
PeopleScout’s global recruiting capabilities can provide you access to the best financial services talent anywhere in the world.
Improve Candidate Experience
PeopleScout’s financial services recruiting solutions will help you amplify your employer brand with an approach that focuses on the candidate experience.
Cutting-Edge Technology Solutions
Our proprietary talent technology Affinix can help you optimize your financial services and insurance industry recruiting by leveraging AI, recruitment marketing, machine learning and predictive analytics.
PeopleScout’s solutions deploy advanced analytics and metrics reporting to help reduce your employee turnover rate and provide you with greater ROI.
PeopleScout understands and complies with all financial service industry regulations.
Forward-Looking Demand Planning
Our financial services recruiting team will develop a plan that is responsive to your hiring needs, so you can more effectively manage recruiting and staffing challenges in the future.
Quality of Hire
PeopleScout’s structured hiring process, combined with our wide range of customizable financial services recruitment solutions, results in a high-quality talent pool.
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