Global Recruiting Challenges and Workforce Disruption
The financial services and insurance industries are facing a number of disruptive trends as a result of convergence, consolidation and globalization. Accompanying this transformation is significant disruption in attracting, nurturing and converting enough high quality talent, especially tech talent, to keep up with the demand of the changing global workforce. To drive operational efficiencies and ensure they have the best talent available at their fingertips, financial services and insurance businesses must leverage integrated technologies and centralize their talent acquisition operations.
Based on the growing operational needs of these industries, a lack of consumer trust and an aging workforce, financial services and insurance companies are also experiencing a significant talent gap and intense competition for talent. To improve the consumer experience and overall business performance, talent acquisition leaders need to find candidates with a customer-centric mindset and ensure they have ready access to a steady pipeline of talent by bringing together disconnected recruitment processes to attract and hire the right talent more quickly.