Banks fight for world’s top talent – gain an edge

At a time when pay in the banking industry is a hot potato, Neil Roden, head of HR at RBS, the taxpayer-owned bank, says the business is losing talent to other banks.  One top executive recently went to BNP Paribas in Australia and another, in Paris, went to Citigroup gaining a 60% salary increase plus other major incentives.

Banks that go after such talent are usually smart enough to offer comprehensive relocation support as an added incentive to attract talented new hires and their families, especially where the family is being asked to move to another country.  Actually, the right relocation package, skilfully delivered, can be a major attractor that provides a huge return on investment.  It can be worth its weight in gold!

It is particularly important during the recruitment process to ensure that the spouse is happy about all aspects of the relocation.  The type of home the family will live in and the children’s schooling arrangements are, of course, key components.  But it’s vital to make sure that the spouse feels happy about EVERYTHING.

It is one thing to SAY you’ll provide comprehensive relocation assistance.  It is quite another to DEMONSTRATE that you can deliver it.  The Employer needs a strong partner in the shape of a first class relocation firm, and that partner should be involved, up close and personal, with the family from the earliest possible point in the recruitment process.

Saunders 1865 has helped corporations relocate their people successfully for decades.  No other firm has more experience of relocating senior executives in the banking industry.  We are world-renowned for providing highly personal, international relocation assistance to top executives.  This is why, when you choose Saunders 1865, it sends a strong message, both to your new hires and your existing Employees, that they are HIGHLY VALUED by you.  It gives you a sharp edge in the global war for talent.

CONTACT US today to discuss how we can help you gain an edge!