Posts by Park Avenue Group
Why Candidates Reject Offers: The Hidden Factors Impacting 2026 Hiring Outcomes
In a competitive labor market, every hiring decision matters—and so does every declined offer. Recruiting top talent has always required strategy and investment, but today’s environment adds a new challenge: understanding why qualified candidates are walking away. According to recent data, the average new hire costs nearly $4,700 before they even start—and those costs soar to $10,625…
Read MoreHiring Your Next Executive? Why Tech Fluency Is Now a C-Suite Imperative
Technology leadership is no longer about hiring an experienced Chief Technology Officer and letting them deal with all things digital. Instead, evolving markets require tech-savvy executives in every C-suite position. Corporate innovation is only possible by balancing business acumen with an understanding of emerging technologies like artificial intelligence and machine learning, and their associated impacts…
Read MoreTop 5 talents needed in banking and the experiences to check for
By Daniel Callaghan The banking sector is one of the most rapidly changing industries, with digitization transforming roles, creating new opportunities, and altering the expectations of both employees and employers. Banking employers should seek to future-proof their hires by looking out for skills and experiences that will continue to be most relevant as the space…
Read MoreQuiet Cracking Is The Latest Response To Workplace Financial Trauma
By Rahkim Sabree | Forbes When headlines introduce new workplace trends, they often capture our attention because they name something many people have long felt but struggled to articulate. The Great Resignation, characterized by workers’ abrupt departure from their places of employment that peaked during the pandemic, and quiet quitting, the silent disengagement employees felt…
Read MoreLooking for a Job in 2025? It’s Less “Apply and Pray” and More “Network or Nap”
Let’s be honest: looking for a job right now feels like yelling into a hurricane. You’ve seen the headlines about mass layoffs. You might have been ghosted by a recruiter or two. Perhaps worst of all, you hear nothing when you and 500 other applicants respond to a single job post. It’s a jungle out…
Read MoreThree Banks, Three Futures: Decoding the 2025 Banking Job Market
If you’ve noticed that the banking industry in 2025 bears little resemblance to how it looked before, you’re not alone. While things were pretty familiar at the start of 2020, a period of rapid, tech-fueled evolution, accelerated by the global pandemic, has reshaped how financial institutions operate and compete. Customers now expect seamless, on-demand digital…
Read MoreBig 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…
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