CA
New survey finds the fixed income sector is the best place to be for bonuses this year
New projections call for moderate 2012 bonus increases across all financial services sectors, with fixed income showing some of the largest potential incentive-pay gains—as much as 25 percent in some cases. Compensation consultant Alan Johnson of Johnson Associates says incentives are still well below the highs of 2007. Moreover, he says that “things started to [...]
Top recruiter says hiring is picking up in financial services, selectively
Boyden Global Executive Search released its quarterly outlook today saying there has been an increase in selective hiring within financial services during the second quarter following a sluggish start in the beginning of the year. The Boyden Executive Outlook also said c-level executives with both great technical ability and proven track records in leadership are [...]
Short Breaks Only Improve Productivity if You Stay Focused on Work, New Research Shows
True or false: One way to improve your stamina on the job is to take short breaks like going for a walk, grabbing some coffee or planning your evening. If you said true, you’d be wrong according to new research. In fact, unless you use a quick break to assist a junior associate or learn [...]
Hiring at Mid-Level Banks Picks Up in Canada—Where Banks Remain Among the Strongest
North of the U.S. border, bank hiring is beginning to pick up at the mid-market level and morale is getting stronger among job candidates as the employment situation improves. The improving landscape comes at a time when Canadian banks are still seen as among the world’s strongest. CIBC was No. 3 in Bloomberg Markets’ second [...]
April Turned Out to Be a Good Month For Financial Hiring in Canada
If the financial job market seems too challenging in the States, you may want to consider Canada. Year over year from April 2011 to April 2012, financial firms in Canada reduced employment by 10,900 workers, but the latest up tick makes up for most of that, according to recent statistics. Canadian employers were hiring aggressively [...]
Day in the Life of an Investment Banking Analyst
7:30 a.m. – 9:00 a.m. It is always hard to describe a typical day at work because you never know when the markets or a transaction will take a sudden turn. That being said, I usually start my day around 7:30-8:00 a.m. from home. One of the first things I do is review my overnight [...]
Canadian Accountants Should Find Jobs Aplenty in Tax Preparation and Law
At a time when more Canadian financial professionals are looking for jobs outside of an often-saturated capital markets sector, opportunities in accounting and tax preparation have continued to grow significantly. As we recently reported, the employment outlook on Bay Street seems particularly promising these days for those able to focus either on risk or wealth [...]
2012 Graduates Pursuing Finance Sector Will Have it Easier Than Last Year’s Class, Says Challenger, Gray
Although the job market for financial markets professionals remains extremely competitive and the economy is recovering at a snail’s pace, this year’s graduates who are pursuing a finance or accounting career have better prospects than they did a year ago, according to a new report from Challenger, Gray and Christmas. The global outplacement firm says prospects [...]
The best way to retain superstars
In times like these, it’s no surprise that fat bonuses and generous salary increases aren’t exactly plentiful in the financial sector. Just recently, Citigroup’s chief executive, Vikram Pandit, had his cushy $15 million pay package shot down by shareholders. Given that purse strings have tightened considerably, how can firms retain their top performers without giving [...]
Canadian Market Favors Risk and Wealth Management Expertise in Lieu of Traditional Capital Markets Roles
The employment outlook on Bay Street seems rosiest these days for those able to focus either on risk or wealth management, experts say. Employment in Toronto’s financial services industry—which includes jobs in banking, insurance and investment management—totaled 222,380 in 2011, according to Statistics Canada data. That’s down from 228,220 in 2009, but climbing back up [...]
Follow eFinancialCareers
What is RSS?
