Posts by Park Avenue Group
Big Banks Ramp Up AI Hiring as Gains Materialize
Author: Matt Ashare, Senior Reporter at HRDIVE Published April 30, 2025 Dive Brief “Away from the market noise and volatility, the leading banks are quietly but relentlessly pressing forward with AI transformation,” Alexandra Mousavizadeh, Evident co-founder and co-CEO, said in the report. “AI roles may be the only safe jobs in banking right now.” Banks…
Read MoreHow Interest Rate Shifts Are Reshaping M&A Strategy in Financial Services
Following an extended period of relative inactivity, the financial services sector is bracing for a resurgence in mergers and acquisitions. Industry observers point to two main reasons. First, as one analyst said about US President Trump’s second term, “The dealmaker-in-chief has returned to the White House.” Trump’s softer stance on financial services regulations has many believing the…
Read MoreHow To Overcome 14 Big Hiring Challenges Currently Facing Companies
Forbes Article The rapid acceleration of remote work and the continuing digital transformation of the workplace have fundamentally changed employee expectations, forcing companies to reimagine their value propositions. With a tight labor market, increased wage expectations due to inflation are creating intense competition for talent, particularly in high-demand fields like technology and healthcare. Meanwhile, a…
Read More‘Open Transition Programs’: A Unique Replacement for Two Weeks Notice
January 6, 2025 | Robert Glazer at SHRM Imagine that you are in a happy long-term relationship where everything is going well. Now, imagine that your partner summarily informs you that in two weeks, they will move to a new city to live with a new partner. Would you think this was normal? Of course not. You’d…
Read MoreEssential HR And Recruitment Trends For 2025
Bernard Marr | Forbes Article In 2025, the way organizations attract, manage and reward talent is changing fast. Shifting workplace trends and technological disruption are shaking things up, with artificial intelligence (AI) opening doors to smarter decision-making and more personalized employee experiences. However, at the same time, an increasingly competitive talent market and changing expectations…
Read More5 Leadership Skills That Will Define Executive Success In 2025
Cynthia Pong, JD | Forbes Article The leadership playbook that got us through 2024 won’t be enough for what lies ahead. The pivotal role of adaptability in leadership has been well established, with Harvard Business Publishing’s global survey of nearly 1,300 leadership development professionals confirming what we’ve known or suspected. As we face unprecedented technological and social…
Read MorePreparing For 2025: How To Navigate The New Talent Landscape
Roberta Matuson | Forbes Article Your company’s ability to staff your organization in 2025 is going to be a mixed bag. Workers will be hesitant to leave their current positions for fear they may be a casualty of a layoff at their new company. And you will no longer be able to outbid your competition,…
Read MoreAttract & Retain Top Banking Talent with This New Approach
Let’s face it: In today’s banking industry, attracting and retaining top talent has become more than just a priority. It’s a critical factor that shapes the future of financial institutions. Despite offering competitive salaries and accelerated promotion paths, many banks find themselves in a tight race with other financial institutions as well as with companies…
Read MoreIdentify the Best Candidates With These Interview Techniques
Rather than asking the same old questions, you can benefit from interview techniques that assess candidates’ skills, experience, and even cultural fit. For example, behavioral interviewing and structured interview formats might lead to more successful recruiting outcomes that help you find top talent in your industry. Learn more about identifying the best candidates with these effective…
Read MoreThe Gifts of the Mentee-Mentor Relationship
SHRM | August 22, 2024 | Jennifer L. Massey, SHRM-SCP, and Francesca C. Callahan, SHRM-CP Throughout history, there have been many famous mentor-mentee pairs, including Oprah Winfrey and Maya Angelou, as well as Simon Sinek and entrepreneur Ron Bruder. But mentors don’t need to be famous to provide valuable knowledge, guidance, and support. If you have never been a mentor or mentee, you…
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