Two different fintech startups recently applied for new bank charters in hopes of creating new online-only banking institutions. Social Finance Inc, the online lender known as SoFi, applied for a new industrial loan charter with the FDIC in June. While the company listed Salt Lake City, UT as its depositary address, their application clearly stated ...
June was a busy month for several banks in the Denver area. Last month two different mergers were officially completed. Aurora-based Citywide Banks merged with Denver-based Centennial Bank and Trust. These institutions are now operating under the Citywide Banks name. For more details about this merger click here. The second merger took place between Kansas-based ...
Recently, a major technology giant announced that it was curtailing the ability to work from home for the thousands of employees who found the practice a key advantage of their job. The company has been a leader in terms of letting employees work from home; about 40 percent of its nearly 400,000 employees worldwide did ...
According to a June New York Times article, “We may be closer to full employment than it seemed.” Based on the May jobs report, the source asserts the possibility that this is as good as it will get for the United States labor market. Why? Slowed job growth with 121,000 new positions as the three-month ...
Suppose you have a client who deals with a specific representative within your organization on a regular basis. Then that client starts to see multiple employees being funneled through that position. Every time the client contacts you, they’re dealing with a new person. What does this say to your client about your company? Countless negative ...
In today's highly competitive job market, businesses can't afford to take a lackluster approach to recruitment and hiring. Not only can a bad hire lead to costly turnover, but it can also negatively impact the organizational performance of a business and, therefore, its bottom line. Click to enlarge. According to the Society for Human Resources ...
Late 2015 was the most difficult hiring period in four years, according to the Society for Human Resource Management (SHRM), and things have only become harder for businesses both large and small, especially in the realm of professional and managerial positions. With the BLS reporting an unemployment rate down to 2.1 percent for this segment ...
Staff engagement among the U.S. workforce has remained steady at 33 percent over the past few years, according to recent data from Gallup. This is quite low considering that strong employee engagement is the catalyst for company growth and success. Numbers worldwide are even starker, with 87 percent of workers reporting being disengaged at the ...
A hiring manager posts an opening, describes the ideal candidate, and resumes come flooding in. After doing some interviews, the manager has to decide who the best person is for the job. Research shows that more often than not, managers pick someone whose qualifications most closely match the exact criteria for the job or whose ...
Many candidates can interview well - but that doesn't necessarily mean they're the right person for the job. There are ways that you can improve your company's interview process to get a better sense of whether or not a candidate will be the right fit. At the same time, you can use the interview process ...
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