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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 [...]
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 [...]
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 [...]
A Little Appreciation Goes a Long Way Toward Employee Satisfaction
Want to keep employees satisfied in their jobs without spending a fortune? Why not give them a little credit? A new survey by OfficeTeam, a leading staffing service, found that nearly half (49 percent) of workers interviewed said they would be somewhat or very likely to leave their current position if they didn’t feel appreciated [...]
Riding Herd on Big Data, It’s the “Algo-Jockey”—on Trading Desks Everywhere
It hasn’t become an official job category yet, but just wait—the “algo-jockey” will be coming to a trading desk or an IB fin-tech department any day now. In fact, chances are if your company deals in high frequency trading or any kind of activity that uses big data, he or she may already be there, [...]
Could TD’s Colleen Johnston Emerge as Canada’s First Female Bank CEO?
Although the odds are against it, one of the potential candidates to be TD Bank’s next chief executive officer is a woman: the bank’s current CFO, Colleen Johnston. Johnston helped Canada’s second biggest bank get out of risky businesses prior to the financial crisis—enabling TD Bank to emerge from the turmoil around sub-prime mortgages in [...]
Juggling a Family with a High-Flying Financial Career
Whenever a high-flying female manages to combine a career in the finance industry with raising a family, she’s invariably labelled a “superwoman,” as though having children and climbing the corporate ladder are entirely incompatible. There’s no shortage of high-profile women who have succeeded in doing both; notably Helen Morrissey, chief executive of Newton Investment Management who [...]
10 Ways to Minimize Staff Turnover and Stop Hire-and-Fire Burnout
High attrition hurts a company’s bottom line. Experts estimate that finding and training a replacement costs upwards of twice an employee’s salary. And churn can damage morale among remaining staff too. Despite increasingly high turnover and the trend to replace employees with consultants on an “as needed” basis, organizations must still hang on to their best [...]
Four Tips for Women Bankers Who Want to Build Their Brands and Advance Their Careers
Back in 2010 when Toronto Dominion Bank CEO Ed Clark said he could envision a woman running a Canadian bank sometime in the next “20 years,” women all over the world winced. During a women’s branding workshop held at the Bank of Montreal in honor of International Women’s Day last week, dozens of female BMO [...]
Knowing RBC’s CEO Will Hang in There, Employees Will Focus on Business at Hand
Royal Bank of Canada Chief Executive Gordon Nixon has confirmed he will remain in the role he’s been in for almost 11 years now—something that can only benefit RBC from a recruiting standpoint, one expert says. In contrast to a TD Bank, for instance, where CEO Ed Clark is planning to retire next year, RBC [...]
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