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Is Merrill out of peril in Aus?
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...
02/07/2009
Is one CEO worth 200 tellers?
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...
01/07/2009
Will Aviva boost NAB’s employer brand?
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...
30/06/2009
Union fears for Westpac/St George jobs – others don’t
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,...
29/06/2009
Take a fixed-term contract (or stay unemployed)
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...
26/06/2009
Are i-banks more worried about retention than redundancies?
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...
24/06/2009
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