2020 Reflections: Looking Back to Move Forward

Focusing on the Talent Challenge in Financial Services

2020 proved itself to be a very interesting year. If 2020 brought anything positive, it was helping companies to realise the importance of their Technology talent. It helped companies to understand how vital the cloud proved to be in creating a fluid working environment. It is understandable that the majority of people cannot wait to finish 2020 and have a brand new start; However, it can be tempting to enter it with blind optimism. While we can all be eager to put the challenges behind us, to learn as much as possible from the adversities we all faced last year can be important. Reflections on the challenge can, perhaps, achieve more and help to shape 2021 and beyond.

Selby Jennings Report - Looking back to move forward

The dramatic shift in financial services to a remote workforce forced employers and professionals alike to swiftly adaptation. That includes the ways of working and learning new skills rapidly. DBS Bank is adopting a hybrid model to allow employees to work from home up to 40% of the time. With an increased focus on flexibility, remote work, and employee well-being, financial services firms have a unique opportunity to create lasting positive changes.

What has 2020 taught us? What does the future of the workplace hold? Will hiring still be the same? How can employers secure talent in this “new normal”?

At Selby Jennings, these are the questions that have defined our daily conversations with clients, candidates, and our global workforce. Our new report, "2020 Reflections: Looking Back to Move Forward” examines the lessons of 2020, and which will help drive success in the year ahead.

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Our leaders have also put together a Financial Services Market Updates. Access from here.

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