All Things Talent July Edition

The banking, financial services, and insurance (BFSI) industry has been an attractive sector for top talent due to its competitive compensation packages, job security, and stable career growth opportunities. Despite ongoing attrition issues, the top four banks have added approximately 87,000 jobs in the past four years. The March 2023 Naukri Jobspeak Index predicts a sharp increase in job creation in the BFSI sector in the near future, with banking leading the way. 

As a result, the sector is experiencing a number of talent trends. This edition thus documents the most recent policies and talent strategy developments from leading companies in the sector.

Happy Reading

INTERVIEW

Anupam Kaura, President & Chief Human Resources Officer at CRISIL leads a discussion on how companies that prioritise employee wellbeing and career enablement experience lower attrition rates.

Avadhesh Dixit, the Chief Human Resources Officer of Acuity Knowledge Partners, talks about the moderation impact in the financial and technology domains.

Pia Shome, Chief People Officer at U GRO Capital, shares valuable insights on navigating the hiring landscape, maintaining high morale among field staff, and leveraging data-driven strategies for talent acquisition

Ruhie Pande, CHRO at Godrej Capital, discusses the rise of talent demand in HFC sector, the company’s talent strategy, AI in HR, and the need for inclusivity.

Shalini Seshadri, VP, HR, State Street outlines strategies to overcome these challenges, including communication barriers, technology issues, and the lack of personal interaction

Harshita Khanna, Chief People Officer at Home Credit India offers a glimpse of what it takes for organisations to adopt innovative strategies to attract and retain talent in the highly competitive landscape of Non-Banking Financial Companies (NBFCs) in India

COVER STORY

Shailesh Singh, Senior Director and Chief People Officer, Max Life, underscores the importance of comprehensive skill assessments, digital fluency, and adaptability to build a workforce that thrives in the dynamic digital era

Rashmi Priya, Head of HR at IIFL Home Finance Limited, sheds light on the need for translating DEI efforts into tangible business targets and the significance of mainstream representation in driving inclusive practices

Anand Kabra, Chief People & Transformation Officer, Apexon, writes about the transformative role of AI, analytics, and automation in HR practices, particularly within the rapidly evolving BFSI sector.

SPECIAL STORY

BFSI Sector Takes the Baton from IT in Job Creation; Here’s How

Did You Know Top Indian NBFCs Hired Someone Every 12 Minutes in 2023?

*The magazine is not for sale and is meant for internal circulation only.