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Is Merrill out of peril in Aus?
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Bank of America-Merrill Lynch is making positive noises about hiring in Australia as it battles to repair its battered reputation in the local employment market.
Merrill has...
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02/07/2009
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Is one CEO worth 200 tellers?
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The average salary for CEOs in the Big Four Aussie banks is $8,193,636. That’s about 200 times the annual wage of a customer service representative, according...
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01/07/2009
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Will Aviva boost NAB’s employer brand?
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An injection of new products from Aviva Australia might help NAB to increase the quality and quantity of its wealth management workforce.
The $925m purchase of Aviva’s...
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30/06/2009
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Union fears for Westpac/St George jobs – others don’t
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The Westpac/St George merger threatens thousands of back-office jobs in the new financial year, says the Finance Sector Union of Australia.
Leon Carter, the FSU’s national secretary,...
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29/06/2009
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Take a fixed-term contract (or stay unemployed)
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Australian financial institutions are increasingly opting to employ fixed-term staff as a way of filling project-based roles without paying expensive hourly rates to agency temps.
And...
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26/06/2009
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Are i-banks more worried about retention than redundancies?
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Late last year and in early 2009, global banks were putting all their energies into large-scale layoffs. But as markets slowly improve, are they beginning to...
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24/06/2009
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more..
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