The UK’s network for change in the asset management industry City Hive is surveying investment professionals on their experiences in job searching and the impact company culture has on their decision to take a role.
In a bid to assist firms in shaping the culture of the industry for the better and strengthening the profession at all levels, City Hive said it wanted to explore what attracts or deters potential candidates to apply for a new role in investment management, and what they believe are barriers to their applications.
The network also said it wants to “identify where the real pain points lie – and whether companies are inadvertently putting off excellent candidates by failing to draw in talent through their recruitment channels”.
Mandy Kirby (pictured), chief strategist at City Hive, further explained: “The workplace is changing and so is how people think about work. Our early results from the survey show that job adverts are not giving talented people the information they want to attract them to roles.
“If companies want to secure the right skills and qualities to futureproof their business, we need an evolution in how we encourage those people to apply.”
A lack of transparency on culture, and in particular flexibility and balance, was also highlighted as a concern in the early findings.
With the global pandemic enforcing remote working – but also revenue pressures and furloughing of staff – City Hive, founded by ESG Clarity editorial panellist Bev Shah,are calling for more investment professionals to participate in the survey to help shape the future of culture and recruitment in a what is now a very fast-changing environment due to the Covid-19 impact.
You can take the survey here.
The results will be published in due course.