'Banker bashing' and job cuts hurt financial workers
17 October 2013
Banker bashing and the threat of job cuts is taking its toll on financial workers, with unions citing deteriorating health as a major problem for their members, according to a new study.
Thu, 17 Oct 2013
“Banker bashing and the threat of job cuts is taking its toll on financial workers with unions citing deteriorating health as a major problem for their members, according to a new study.
UNI Global Union’s global research found 80% of banking and insurance unions thought health had become a major problem for their members over the past two years, with many of their workers operating in a "climate of fear". Part of the problem is that the public blames bankers for the crisis and the impact it has had.
In addition, 40% of financial services employees say their leaders have put them under “a lot of stress” in the past 6 months, compared to UK average of 22%, a survey by Head Heart + Brain published today.
However, Thomas Alcorn, risk consultant at recruitment consultancy cer Financial, tells recruiter.co.uk that candidates do not tend to discuss stress levels: “Candidates will know the organisation and what they expect, and whether they expect long hours.”
“Banker bashing and the threat of job cuts is taking its toll on financial workers with unions citing deteriorating health as a major problem for their members, according to a new study.
UNI Global Union’s global research found 80% of banking and insurance unions thought health had become a major problem for their members over the past two years, with many of their workers operating in a "climate of fear". Part of the problem is that the public blames bankers for the crisis and the impact it has had.
In addition, 40% of financial services employees say their leaders have put them under “a lot of stress” in the past 6 months, compared to UK average of 22%, a survey by Head Heart + Brain published today.
However, Thomas Alcorn, risk consultant at recruitment consultancy cer Financial, tells recruiter.co.uk that candidates do not tend to discuss stress levels: “Candidates will know the organisation and what they expect, and whether they expect long hours.”