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2023 recruiting trends in Financial Services

2023 recruiting trends in financial servicesTalent teams' pain points, priorities, expectations, and initiatives

Financial services talent teams’ pain points, priorities, expectations, and initiatives

What does the future hold for financial services recruitment? We know that there’s an overall talent shortage in FinServ, that recruiting teams struggle with talent’s negative perceptions of the industry, and that diversity remains a top priority.

But how are leading talent teams tackling these challenges, and what are their priorities? Gem surveyed nearly 100 seasoned talent acquisition professionals in financial services. We found:

  • Pipeline-building is the #1 activity talent teams are engaging in to tackle the talent shortage

  • Time to hire is the #1 data point FinServ teams are tracking, followed by offer-accept rate and source of hire

  • Diversity hiring takes the #1 place in terms of talent team focus—though meeting diversity goals continues to be a challenge

  • Applicant tracking systems, sourcing tech, and recruitment marketing platforms are top areas of investment

…and much more—on employer branding, candidate experience, data-driven recruiting, etc.

Download the report to understand the broader financial services recruiting landscape, assess your company’s place in it, and anticipate what may lie ahead.