Working recently on a search process with a trusted client has brought me to finally conclude no matter what side of the phone we are on, we all suffer from the trend of “no news means no news,” or worse – “no.” I have been avoiding it, but now I admit […]
Each day, I receive a vast amount of superior resumes. People who have gone to fantastic schools, achieved great honors, and have worked to develop back stories through internships and volunteer work. Yet, they are without jobs in this economy.
The noted economist Gary Shilling was on Bloomberg radio this morning speaking about many things and he swung to education at […]
The Three Pillars of Opportunity
Every professional that connects with a recruiter with the idea that a better opportunity at one of their client companies is available through a working relationship deserves feedback on their submissions. Recruiters should strive to provide feedback to every professional who applies to a […]
Last week, an ex-connection of mine who previously called me a derogatory name and told me to “know my place” submitted his resume for the 9th time and for the 9th time received a note telling him that he wasn’t a fit for my client’s search. The torrent of words […]
Bonuses are being decided and overall the figures are OK. While we do not see a massive net increase in bonus dollars, (up 5 or so percent) we see some areas where bonuses are going to sag (fixed income is going to have a poor bonus cycle this year). While […]
I was asked to write a blog entry about the top 4 questions that employers are likely to ask a Wall Street candidate prospect during an interview for one of my recent jobs. My initial response was anyone who is interviewing knows what they already are. Wall Street isn’t […]
Oh, that topsy-turvy job market! Some would have us believe that despite unemployment hovering around 7.8% nationwide, the news isn’t all bad for the overall job market here in the US. Some claim that the private payroll jobs growth of 168K in December, 171K in November, and 203K in October is […]
The election is over, the fiscal cliff is looming and the consolidation of the markets is upon us. Layoffs are occurring at most major shops. One Global bank is exiting business lines altogether, and no less than 2 investment banks have agreed to be […]
Last week, 2 major banks, JP Morgan and Wells Fargo reported record earnings citing their mortgage business as the main drivers for their success. Foreclosure activity fell in September to its lowest level since the beginning of the credit crisis. Housing starts are […]
As the third quarter has come to an end, hiring is still ongoing within the financial services marketplace, but it is select and involves certain departments. Front office personnel adept in generating revenues through distribution or trading PnL, are still able to generate interest from hiring […]