Mon, 10 Jan 2011
Companies in the banking and financial services sector may face a challenge to retain their best talent during 2010.
A new study from Badenoch & Clark has revealed that there has been a noticeable increase in demand for employees in these sectors, as firms look to take on new staff to add to their existing personnel.
The firm's professional talent spotlight showed that the number of roles available in the industry is climbing and executive director of accounting and finance Lynne Hardman explained that many organisations are "no longer able to meet the demands of the business or plan for the future" due to their limited resources.
She noted that staff with strong technical skills will be especially sought-after, meaning employers that have such people in their workforce may have to offer them new incentives to avoid them leaving to join a competitor.
Ms Hardman added that analysts will also be favoured by companies this year, as firms look to bring in new workers that can show them how to "keep a handle on their expenditure".
Managers who are looking for ways to encourage their best personnel to stay at the firm may want to heed the advice of the Work Foundation's Penny Tamkin, who recently published research on good leadership.
The study found that employees increase their performance if their superiors adopt a people-focused approach.
She said that "outstanding" changes can be made if bosses allocate more time to ensuring their staff are happy and that their needs are being looked after.
Based on research of a thousand businesses, read more about how nurturing talent amongst your workforce will help you through the current economic climate. 
Thanks for your help,
The learndirect team