07/14/2021

Banking’s Post-Covid Talent Crisis

The Covid-19 crisis presented a human resources challenge like no other, one that’s continuing to redefine the workplace – a dynamic explored in Bank Director’s 2021 Compensation Survey, sponsored by Newcleus Compensation Advisors. And in a year that witnessed massive unemployment, most banks kept employees on the payroll. Just a quarter of the CEOs, human resources officers and board members responding to the survey say their bank experienced a net reduction in staff last year. “A lot of the fears that banks had never came to fruition. The injection of money by the federal government and the Federal Reserve kept…

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WRITTEN BY

Emily McCormick

Vice President of Editorial & Research

Emily McCormick is Vice President of Editorial & Research for Bank Director. Emily oversees research projects, from in-depth reports to Bank Director’s annual surveys on M&A, risk, compensation, governance and technology. She also manages content for the Bank Services Program. In addition to regularly speaking and moderating discussions at Bank Director’s in-person and virtual events, Emily regularly writes and edits for Bank Director magazine and BankDirector.com. She started her career in the circulation department at the Knoxville News-Sentinel, and graduated summa cum laude from The University of Tennessee with a bachelor’s degree in Spanish and International Business.

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