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The finance and IT industries are in the midst of a talent crisis. Capgemini’s research finds that 62 percent of senior banking leaders believe the digital skills gap is bad and getting worse.

Therefore, firms are rethinking their IT & Finance recruitment processes. They’re tweaking their approaches to survive in today’s competitive marketplace.

This post explores actionable strategies you can use to speed up your finance recruitment and get the people you need to join your organization. Read on to learn more.

Look Beyond Remuneration & Finance Recruitment

Finance and IT professionals believe in economic orthodoxy. The higher the wages you offer, the more talent you’ll attract – or so the reasoning goes.

However, that’s not always true, particularly in the banking sector. Jobs are a package deal. There’s way more to them than a monthly wage. Ninety percent of people are willing to earn less if they can do more valuable work.

To prove this point, finance and IT salaries have never been higher. Remuneration in investment banking, private equity, and data processing fields is extraordinary, yet onboarding is sluggish. Talent doesn’t want to sign up.