Wanted more women in banking Viewpoint careers advice blog

Wanted more women in banking Since the financial crisis erupted in 2008, there have been increasing calls around the world to hire more women in finance and banking, especially at senior level. A 2009 gender analysis by the UK Equality and Human Rights Commission on employment in the finance sector showed that the number of female managers in the financial sector is similar to the national average at 34%, but just 11% of corporate managers and senior executives in banking are women. The effects of this disparity go far beyond arguments of equality and fairness. Indeed, Christine Lagarde, head of the IMF and a passionate advocate of parity in banking, has gone as far as suggesting more female players in the industry may help prevent a repeat of the credit crunch. Speaking in June 2013, she said: “Women bring a better balance of risk and reward in business and finance. I have joked that a ‘male’ culture of reckless financial risk taking was at the heart of the global crisis. Companies with more women on their boards have higher sales, higher returns on equity, and higher profitability.” The world’s largest banks and financial institutions have acknowledged that a lack of female leaders could hurt the industry and are actively trying to recruit more women. The Bank of England, for instance, has taken action, on the recruitment front and with existing staff by championing the option and availability of flexible working arrangements. This has quickly paid off: in 2012, 44% of its graduate recruits were women, up from a long-term average of around 29%; and women now make up 32% of its management positions. Meanwhile, in February 2014, Lloyds Banking Group became the first FTSE 100 company to set targets for female executive numbers, pledging to have 40% of its top 5,000 jobs occupied by women within six years. The bank’s chairman, Sir Win Bischoff, is a founding member of the 30% Club â€" an initiative that encourages UK companies to aim higher than the Davies Review 25% target, setting a goal of at least 30% female representation on boards by 2015. Despite the banks’ efforts to hire more female graduates and help women stay with the sector and break the glass ceiling, why do women remain under-represented in the industry? For my colleague Yvonne Smyth, director at Hays and chair of our Hays Leading Women initiative, the phenomenon starts as early as when school children are receiving career advice. “We see a tendency for girls to be more attracted to the arts rather than STEM subjects. They consider longer questions of work/life balance from an early stage in their career plan, perhaps too early. The lack of female role models in financial services for young girls and those moving through the early to mid stages of their career can exacerbate this. ” The Hays Leading Women initiative was born as a result of the frequent discussions and reviews of staffing requirements our consultants had and continue to have with our clients, particularly in relation to the more senior level appointments of today and planning for the workforce of the future. Yvonne explains. “The discussion often moves to why there aren’t enough senior women in their business, which is a cause for concern, both from a commercial and cultural perspective. Taking the lessons from today and applying them to engage with the workforce of tomorrow is the shared goal of many organisations. ” Hays’ initiative looks to engage with all sectors and roles at all the industries where women are underrepresented, not just banking. “It continues to be a pressing issue and one which shows no signs of going away. The government and leadership teams of big business are fully behind this and there are many initiatives that aim to introduce and bring girls into the technica l workplace.” She cites the UK government’s new Your Life campaign, which brings together industry and educators to show how the science, technology, engineering and maths (STEM) subjects can lead to exciting, fulfilling and successful careers. Hays Leading Women acts at different levels of a woman’s career and through its programme of activities engages with females at all stages in their career with shared purpose of connecting women to the world of work, from school girls through to established professionals. Naomi Crawford, Head of Business Management, EMEA Compliance, at JPMorgan Chase, points out: You get a lot of women coming in from university and they probably stay up to the point where they want their first child. Once children come into the picture, a lot of women decide it becomes a work/life balance discussion between children and work. That’s when the industry starts losing women. Naomi says that as a response a lot of firms like JP Morgan offer flexible working â€" the ability to work from home, perhaps one or two days a week, or to work a shorter week. “This is not just for women with children, but also for men. It is important that management know when people need to take time out for family-orientated activity, be it their child’s assembly, or elderly parents/relatives who need extra support.” As of 27th June, in the UK, every employee has the right to request flexible working hours after the government extended the right previously reserved for carers and those looking after children. JP Morgan has a global site for women that gives them an opportunity to become inspired while getting to know what it is like to work in a bank. As Naomi points out, joining a bank can be a great opportunity. “You get to do some exciting things, working with great people, in a dynamic environment, which may even offer travel. It is a great place to start your career.” To share your thoughts on this article and to stay up to date with the latest business, employment and recruitment news in the financial markets sector, please join our LinkedIn group. Join the conversation

Writing a Professional Resume For Freelance Writers

<h1>Writing a Professional Resume For Freelance Writers</h1><p>Are you an independent essayist with some specialized and logical experience? Possibly you are only a genuinely experienced author that has utilized your composing aptitudes in numerous events for limited time purposes. Do you have pertinent contacts in the business? Maybe you don't have any contacts however you couldn't want anything more than to work for an organization that is very popular.</p><p></p><p>If you meet all the above models, at that point you are an independent author. An independent author will be given the activity of composing articles, papers, specialized papers and report for different organizations in the business. As an independent essayist, you will get no fiscal compensation.</p><p></p><p>A part of independent scholars are found on the web. You can look into the organization on the web and see whether they acknowledge independent sch olars. You can likewise check online gatherings or web journals to get some data about independent scholars. Look at discussions on different subjects with respect to composing, article composing, research papers, reports, web duplicate and site design.</p><p></p><p>If you have a certificate or degree in specialized composition, you can show it at a meeting by an independent essayist. In the event that you don't have any understanding or any conventional preparing in specialized composition, you can show your enthusiasm about utilizing your insight for improving the matter of the organization. Show that you have an energy for composing. On the off chance that you can show your insight about the business or industry, at that point you will be very much acknowledged by the company.</p><p></p><p>Before recruiting an independent author, you have to ensure that you have employed an expert help that is dependable and believable. In the event that you have a few questions or issues identified with the administrations gave by them, you can address the expert or chief for legitimate explanation. See if you will be accommodated free or for installment. You likewise need to see if you can have an elite agreement for a time of time.</p><p></p><p>After doing the examination, you should compose the resume. In the event that you are simply beginning as an independent author, at that point you can simply begin with composing the resume. You can let your experience as an independent author come through while composing the resume. You can make a work in progress of the resume. This is the place you can put the data that will end up being helpful to the employing company.</p><p></p><p>It is critical to ensure that your resume is as expert as could be expected under the circumstances. This is the most significant advance that will assist you with getting the independent author continue that you truly want.</p>

Watching expert videos makes you think you are more capable than you are

Watching master recordings makes you think you are more fit than you are Watching master recordings makes you think you are more skilled than you are At the point when we observe how-to recordings on circle, we may get the priggish idea of 'I wager I could do that.' But this presumptuousness can reverse discharge, and unexpectedly we are holding broken pieces of a standing work area despondently. What turned out badly? It looked so natural to expand on the screen!According to another study published in Psychological Science, we will in general figure we can turn into a specialist of an expertise subsequent to watching it done in a video. The scientists Michael Kardas and Ed O'Brien considered this the figment of ability acquisition.Learning from a video is simpler said than doneIn various trials, the analysts enlisted members to watch instructional recordings on moonwalking, playing darts, and beating an online computer game. At that point, the members were approached to foresee how well they would do the aptitude and endeavor the skill.Turns out, viewing a video on circle doesn't make an interpretation of to having the option to do the ability being educated on circle. Kardas and O'Brien found that the more individuals simply watch others perform (without really rehearsing themselves), the more they in any case accept they could play out the expertise. People who viewed the video on various occasions anticipated that they would perform better than the gathering who viewed the video just a single time. At the end of the day, it didn't make a difference if the members viewed a video once or multiple times - the members earned low execution scores, paying little mind to how often they had viewed a how-to video.From certainty to hubrisWatching recordings expands our certainty into hubris. After viewing a presentation, individuals may hop directly into aptitudes that surpass their flow capacities or financial plan too brief period for rehearsing them, the scientists cautioned. Watching without rehearsing breeds certainty yet not really learning.To evade these snares, you have to go one stage past viewing the vid eo from your love seat, and really experience the nuances inside the entertainer's aptitudes for yourself. Kardas and O'Brien prescribe blending watching and rehearsing to do this. You possibly figure out the fact that it is so difficult to moonwalk when you're endeavoring to drag your own feet.People get increasingly out of watching after they have just endeavored the aptitude, so attempt the ability yourself and afterward return to your preferred how-to recordings much of the time to refine your procedure, they prompt. Learning skills requires significant investment, and pioneers and chiefs particularly should ensure they're urging workers to balance any advanced preparing with direct practice understanding.

If you delight in Schadenfreude, you may have psychopathic tendencies

On the off chance that you get a kick out of Schadenfreude, you may have psychopathic inclinations On the off chance that you get a kick out of Schadenfreude, you may have psychopathic inclinations Do you take mystery amuse when you watch others bomb in their professions? Do you love viewing your associates lose? Germans have a name for this behavior, Schadenfreude, which means hurt euphoria, and now another examination has connected it to dim character traits.For New Ideas in Psychology, a gathering of Emory University clinicians utilized a feeling model to exhibit how Schadenfreude can make us act like psychopaths.How Schadenfreude transforms us into brief psychopathsThe therapists took a gander at the feelings of hostility, competition, and equity to make a structure for getting Schadenfreude. They found that individuals who scored high on thedark set of three of character attributes - narcissism, psychopathy, Machiavellianism, and perversion - additionally will in general feel more Schadenfreude. They found that at the center of these feelings and inside the conduct of Schadenfreude is a longing to dehumanize the other. At the point when individuals experience Schadenfreude , they experience a [temporary] procedure like that accomplished by people with significant levels of psychopathic character characteristics: propelled by certain situational and to a lesser degree dispositional factors, the perceiver will in general dehumanize the person in question, briefly losing the inspiration to distinguish the casualty's brain, much like a mental case, the examination writes.Dehumanization, at the end of the day, assumes a focal job in Schadenfreude. At the point when you don't imagine someone else's perspective, you can separate yourself from feeling compassion for that individual's misfortunes.The situations that evoke fun at others' expense, for example, intergroup clashes, will in general likewise advance dehumanization, Shensheng Wang, one of the creators of the investigation, said in a statement.The uplifting news is this dehumanizing feeling blurs away and doesn't remain with us. Except if, obviously, you are now a mental case.