Don’t bank on it
Banking professionals are the least satisfied workers across all industries surveyed in Hudson’s Candidate Buying Behaviour report.
The report, which is the latest white paper in the Hudson 20:20 series, looks at the mindset and behaviour of employees working as banking and financial services professionals.
Banking professionals were highlighted as the least satisfied workers, with only 30 per cent ‘satisfied’ with their current role, compared to 41 per cent of the general Australian labour force.
However, unlike other industries where there exists a strong link between low job satisfaction and the inclination to seek new employment, banking professionals are not more likely to be actively looking for a new job, with only 13 per cent actively seeking employment and 44 per cent planning to stay in their current roles.
The satisfaction levels of financial services professionals is on par with the general Australian labour force at 41 per cent. Financial services professionals were also more passive in their job seeking behaviour, with 42 per cent passively looking and 14 per cent actively looking for employment.
According to the report, the main reason financial services professionals sought to leave their jobs was financial considerations and the belief they could earn more money elsewhere.
When asked about the qualities they looked for in employers, respondents placed high importance on company relationships, service quality, consumer focus and the opportunity for growth.
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