Posts by Park Avenue Group
Preparing 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…
Read MoreRisk Management Practices in Finance
There are certain practices you engage in to reduce your physical risk — wear a seatbelt, get check-ups at the doctor, take medication when prescribed, and more. Likewise, your company must engage in risk management practices to reduce the chances of a negative outcome. Risk management in business can become a deeply complex, time-consuming, and expensive process. It often involves pulling…
Read MoreWhat Do Gen Zs and Millennials Want from Their Work?
Deloitte’s 2024 Gen Z and Millennial Survey connected with nearly 23,000 respondents across 44 countries to track their experiences and expectations at work and in the world more broadly. The insights gained from the survey can provide guidance to business leaders about the way they attract, retain and manage these generations that may have different values…
Read MoreFlorida’s Fair Access to Banking Expansion Takes Effect July 1: Are You Ready?
by: Stephen Parsley, E. Paige Knight of Bradley Arant Boult Cummings LLP On July 1, 2024, banks and other financial institutions doing business in Florida will be required to comply with new rules designed to ensure fair access to banking and prevent politically or ideologically motivated denial of services. While Florida-licensed and chartered banks have been subject to some…
Read More7 Steps to Securing Your Hiring Process
The digital recruitment industry is a prime target for hackers and cybercriminals because it gathers and stores large amounts of sensitive data. Recruitment platforms are increasingly vulnerable to data breaches, ransomware attacks, and malware. According to a WorldMetrics report, only 5% of companies are properly protected. Keeping recruitment platforms safe and secure is essential for every organization. Everything from…
Read MoreThe Rules Are Changing for Today’s Banking Industry
The banking industry today is undergoing a series of drastic changes, forcing banks to operate along with a new crop of online financial service providers that have increased pressure on them to follow suit. The rise of technology has also brought big changes to procedures and regulations. The shift from physical bank branches to everything…
Read MoreRecruitment Metrics and Analytics: Leveraging Data to Optimize Hiring
With today’s highly competitive talent market, HR departments and hiring managers must optimize their recruiting efforts. Every advantage must be exploited using all the available tools and methodologies. At the same time, data analytics helps drive many important business decisions. So, it’s only natural that recruiting would become informed by metrics and analytics. At your…
Read More