Sector: Public Sector

Why it made sense to become a teacher, doctor or civil servant

Bankers who have been queuing up to join the public sector are – or were – onto something. Yesterday’s ONS report on the impact of the recession on the labour market showed public sector employment increasing consistently throughout last year. Meanwhile, employment in financial services plummeted. According to the ONS, job losses in the finance [...]

Blankfein on Compensation

Lloyd Blankfein (2008 compensation $43 million) thinks Wall Street needs to rethink the way financial people are compensated. What’s needed, he says, are “basic standards.” Among the guidelines the Goldman Sachs chief executive suggested in a speech to the Council of Institutional Investors: Only junior employees should be paid mostly in cash, and the percentage [...]

Working for nothing can be really good for your CV

VSO might not want you, but there’s another element of the charity sector eager to enlist volunteers from the banking and financial sector. Away from the organisations providing water to villages in Africa, there are charities which provide business consulting and coaching services to other charitable organisations. They need people to help with financial planning, [...]

Charities want both bankers and accountants

Financial industry roles are drying up, so now’s the chance to wake up your inner philanthropist and consider a move to the not-for-profit sector. And with charities finding it more difficult to secure funding, they’re keen to tap the expertise of bankers and accountants. Charities are feeling the pinch as much as everyone else, says [...]

Some public sector jobs pay quite well

We’ve pointed this out in the past, but with the banking jobs market in a very prolonged period of near total inactivity, it seems worth pointing out again – there are jobs in the public sector. And they pay. A quick trawl of this and other websites reveals a whole host of six figure or [...]

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