Employee Retention Strategies for Your Wealth Management Firm
In wealth management, employee turnover isn’t just a setback—it disrupts continuity, expertise, and the client trust that your success relies on. And while the financial hit is real, turnover can also affect team morale, leaving a lasting (negative) impact. At Godfrey...
Recruiting Remote Workers: Is It Worth It?
At Godfrey Group, we’ve seen firsthand how remote work has evolved from a temporary fix during a global pandemic to a strategic business approach. But is hiring remote workers really the best choice for your company? Remote work can take many forms, from fully remote...
The Consequences of Poor Recruitment and Selection in Financial Services
In the financial services industry, an ineffective recruitment and selection process can cost more than just money—it can waste time, hurt your reputation, and create compliance risks. At Godfrey Group, we understand how poor hiring decisions can lead to challenges...
3 Tips for Hiring Compliance Professionals
As regulatory demands become more complex and technology and cybersecurity challenges grow, hiring compliance professionals in the financial services industry has never been more critical. With 91% of companies planning to implement continuous compliance in the next...
Grow Your Business from the Ground Up with Financial Services Jobs for Juniors
When it comes to building a successful business, who you hire can make all the difference. In the financial services sector, hiring junior professionals can be an overlooked strategy with tremendous potential. At Godfrey Group, we've seen firsthand how bringing in...
Wealth Management Internships & Work Experience: Why They’re a Win-Win for Employers
As the wealth management industry continues to evolve, the importance of nurturing fresh talent has never been greater. In our experience at Godfrey Group, we’ve seen how wealth management internships can offer significant benefits for both businesses and aspiring...
A Complete Guide to Hiring a COO
A Chief Operating Officer (COO) is often the unsung hero behind a company’s success, managing everything from daily operations to strategic planning. In our experience at Godfrey Group, the right COO can transform a business by supporting the CEO’s vision and driving...
Succession Planning for Senior Roles: Why You Need to Start Now
Succession Planning for Senior Roles: Why You Need to Start Now In a business environment where change is the only constant, planning for your company’s future leadership is more important than ever. In 2021, the "Great Resignation" saw nearly 48 million US workers...
What is Quiet Hiring?
What is Quiet Hiring? The concept of “quiet hiring” has been gaining traction in today’s competitive job market, especially within the financial services sector. At Godfrey Group, we’ve noticed a significant increase in businesses exploring this approach as a way to...
How to Create KPIs for Non-Revenue Generating Financial Services Professionals (That They Can and Want to Achieve!)
Creating key performance indicators (KPIs) for non-revenue-generating roles in the financial services sector can be challenging. However, aligning these KPIs with overarching organisational goals can provide valuable insights into business growth and foster employee...
Hybrid Workplaces: Are They Now Viable for Financial Services?
In recent years, the concept of hybrid working has gained significant traction, especially in the financial services sector. At Godfrey Group, we’ve noted a considerable increase in the demand for hybrid work models, driven by both employee preferences and evolving...
Permanent vs. Contract and Interim Management Roles: Which is Best?
Deciding between a permanent role and a contract or interim management position can be a pivotal move for your career or business, with each option offering distinct benefits and challenges. At Godfrey Group, we’ve been asked many times what employment type is best...
C-Suite Roles in Financial Services: Are They Worth the Stress?
C-suite roles in financial services are often seen as the pinnacle of a professional career. They come with significant perks, from higher salaries to influential decision-making power. But with great power comes great responsibility, and the stress that accompanies...
Should I Hire Older Workers? 4 Reasons Age Diversity is Crucial in the Workplace
In the modern workplace, diversity is not just about culture or gender – it's also about age. At Godfrey Group, we’ve observed a significant trend where forward-thinking companies gain a competitive edge by embracing age diversity. Defined as 45 years and over by the...
7 Tips for Building Leadership Skills in Financial Services
When it comes to succeeding in the financial services industry, leadership skills are not just beneficial – they’re crucial. According to data from the World Economic Forum, 40% of surveyed companies report that their strategies will focus heavily on leadership over...
How to Hire Investment Analysts in 3 Easy Steps
In the competitive arena of financial services, finding the right investment analyst is a game-changer for your company’s success. However, sifting through candidates to find that perfect match is easier said than done. At Godfrey Group, we excel in linking...
How Do I Ask For a Salary Increase?
If you're questioning whether your pay matches your contributions at work, you're not alone. 67% of Australian professionals think they should get at least a 3% salary increase. However, asking for a salary increase isn't just about earning more money – it's about...
Entry-level Finance Jobs to Kickstart Your Finance Career
Are you stepping off campus with a degree in hand or looking to pivot your career journey? If you're considering a career in finance, now is an excellent time. Australia’s finance sector offers an array of exciting opportunities for those just starting their career...
Need a Sea Change? A Career in Super Might Be the Answer!
Are you at a career crossroads, looking for a fresh start that offers stability and fulfilment? We believe a career in superannuation might be exactly what you're looking for. With an ever-growing industry and a range of roles to suit different skill sets,...
Is the 4-Day Work Week the Future of Finance?
Dreaming of a long weekend? Some Australians get one every week – with full-time pay. The concept of 4-day work weeks isn't new, but it has been gaining significant traction, especially in the finance sector. If you're a business owner contemplating this shift, you...
5 Ways Compliance Officers and Risk Management Staff Help Your Business Succeed
The ever-evolving nature of financial services has seen a big shift in consumer-compliance regulations, such as anti-money laundering laws and corporate accounting mandates, and with intense competition in the market, identifying and managing regulatory risk has never...
From Trailblazers to Titans – How Far Have We Come and How Far Do We Still Have to Go?
It’s no secret that the finance industry has long been male-dominated, but today, women are making significant strides in chipping away at the glass ceiling and reshaping the industry for the better. Perhaps a poignant moment for women in the industry was the recent...
Why There is No Better Time Than Now to Begin Your Broking Career
Whether you’re a business owner who has been waiting for the right time to expand your brokerage business, a seasoned broking professional looking to take your career to the next level or a career changer looking to get a start as a broker, there has never been a more...
Benefits Vs Salary: How Does it Stack Up?
As a manager, team Leader or HR professional, attracting top talent is essential for the growth and success of your company. You’ve no doubt by now figured out that to compete in today's competitive job market, you need to offer more than just a competitive salary....
6 Ways Embracing FinTech Can Accelerate Growth
In today's rapidly evolving financial landscape, technology has emerged as a catalyst for transformation across industries, delivering a profound impact on efficiency and growth. However, despite Australia being one of the world’s top 10 FinTech markets, some...
Does Your Business Require a Degree for EVERY Role?
In today's dynamic business landscape, the value of a university degree has been a subject of debate, particularly in the financial services sector. While some argue that a degree is indispensable for career advancement, others contend that practical experience and...
Procrastination – is it Ever a Positive Thing?
In the busy and ever-changing world of financial services, we’re often faced with what seems to be too many competing priorities. If you are anything like me, you may find yourself procrastinating, promptly followed by feelings of guilt for lack of progress on...
Fun at Work – Do We Really Have to?
Do you dread team building days, weekend drinks & bowling, or the karaoke doo with colleagues? We’ve all had times when the thought of participating in a work social activity felt tedious and redundant. But do we have a choice? A recent court case in France covered by...
Does Having a Large Office Space Make Sense Anymore?
In the wake of Covid-19, amidst talent shortages and rising inflation as well as the preference for hybrid working arrangements, many of the businesses we work with are seeking the best way to remain profitable and ensure operations are efficient. As such, some of our...
A Guide to Partnering with Your Financial Services Recruiter to Maximise Hiring Success
Success in the financial services and wealth management sector is heavily dependent on the quality of talent you bring in. However, hiring professionals who can contribute to your business goals and objectives can be challenging; this is where recruiters come in. By...
How to Create a Positive Experience for Prospective Candidates in the Recruiting Process
When it comes to recruiting talent in the financial services and wealth management industry, trust and expertise are paramount, particularly in the current climate when hiring new talent is proving to be a challenge for many firms. For this reason, employers must...
The Value of Diversity in the Workplace
In the spirit of Sydney WorldPride, we thought it an appropriate time to address the value of diversity in workplaces and how embracing all genders, sexual orientations, ages, ethnicities, religions, and abilities is vital to creating successful businesses that thrive...
Retrenchments & Layoffs: Things You Need to Consider
When times get tough in business, difficult decisions have to be made, and sometimes that means letting go of employees for the business to remain financially viable. Let’s take the technology sector, for example. Right now, many global tech companies are letting go...
3 Challenges in Financial Services to Look Out for in 2023
2023 is set to be a big year, but while there are many exciting things on the horizon for the next 12 months, it’s important to be aware of potential challenges facing the industry, and what this means when recruiting new talent. We believe that by being aware and...
Why is Running a Sustainable Business Important for 2023?
We have arrived at the beginning of another new year, and as we all get back into the swing of things at work, now is the time to consider our business goals and how we can improve and grow for 2023 and beyond. As a leading financial services and wealth management...
6 Tips for Taking on 2023
After what has been a whirlwind past three years, we are now looking to 2023 and what it has in store for the financial services and wealth management industry. Amidst the current volatile economic environment and turbulent market, there is still considerable...
The Market Has Cooled, So Why is it Still Hard to Find the Right Financial Services Talent?
The financial services industry was already facing a skills shortage prior to Covid-19. Yet now, a staggering 75% of C-Suite Executives in the accounting and financial services sector are concerned about the scarcity of skills within the industry, tightening the...
3 Steps to Recognise and Avoid Unconscious Bias When Hiring
How do you know if you’ve found the perfect person for a job? Is it their skills? Education? Experience? No doubt, you probably have a vision of what the ideal candidate looks like. But what if we told you to disregard that vision completely? Many of us can...
The Future of Work: What Might it Look Like?
From riding hoverboards everywhere to fighting for survival on a post-apocalyptic planet, there is no shortage of wild, wacky and sometimes dystopian predictions of the future. But when you think about the workplace of the future, what comes to mind? While 100 years...
Supporting Diversity, Equity and Inclusion Policies in Your Workplace
Diversity, equity and inclusion, or DEI for short, is a policy introduced by workplaces to enhance employment opportunities and reduce discrimination. The business case for diversity has been around since the 1960’s and the benefits are tangible. So in many ways, it’s...
Addressing the Quiet Quitting Movement
What is Quiet Quitting? Thanks to Tik Tok, 'quiet quitting' has become quite the buzz term. But what is it? And what does it mean for businesses? In essence, quiet quitting indicates that employees are no longer going above and beyond their role requirements. While...
Is On-the-Job Training the Solution to Skills Shortages?
As recruiters, we are always searching for the best talent for your business. But what actually is the criteria for 'the best talent'? It might be easy to assume the best talent is someone with all the necessary qualifications, an impeccable reputation, and strong...
Leadership Burnout: What You Can Do To Beat It
Hey leaders, how are you feeling these days? There is no denying that the past two years have been a time of extraordinary challenges for businesses, big and small. Leaders and managers have been running on adrenaline, reacting to the crisis of COVID-19 with a...
Why We Need to Destigmatise Career Breaks
So, you've found a candidate that seems to know their stuff, has a good attitude and presents well, but you notice a gap in their resume. Does that mean they should no longer be considered? In short, no. Career breaks or gaps should not discourage employers from...
The Top 6 Qualities of an Excellent Financial Planner
Good quality financial advice is always highly sought-after, particularly in the current job climate where qualified and experienced financial planners are in short supply. So, what makes a great financial planner? There is a long list of qualifications and expertise...
Managing the Expectations Vs Reality of a New Hire
Hiring a new addition to your team is an exciting prospect, however, we are continually seeing this process clouded by stress due to the dire skills shortage. While many of us wish that hiring new people would fix all the problems in a business, it is just not...
Is it Time to Reassess Your Financial Services Hiring Model?
Have you been unable to find the perfect candidate for a role? Then it may be time to reassess your hiring model and investigate avenues that you may not have considered. The reality of recruitment is that hiring is no longer just a matter of posting a job with your...
The Truth About Work-Life Balance
Work-life balance is a phrase we hear being thrown around a lot, and as a specialist recruiter, we notice that many of our candidates are putting it at the top of their priority list when seeking their next role. But what actually is work-life balance? And how can it...
3 Reasons Why You Should Engage a Specialist Recruiter for Your Business
With extensive talent shortages in the financial services sector and continued shifts in the job landscape, finding the right candidates can be difficult. In a bid to better compete for talent, astute business owners now rely more heavily on specialist recruiters to...
Get the edge in your next Zoom interview
Efforts to slow the spread of COVID-19 have had wide ranging impacts on the labour market. The unemployment rate in Australia rose to 7.5% nationally in July 2020, a 2.2% rise compared to July 2019, which translates into an increase of 296,200 people. Candidates who...
Bridging the Skills Gap with Contract Talent
As markets rebound, employers are finding it challenging to fill roles. Several factors are contributing to the issue of finding just the right candidate for the job. However, if employers understand these causes and take a strategic approach to hire, the skills gap...
Asking about mental health: what employers need to know when hiring
A bump in a recent hiring process, which centered on the issue of disclosure of a prior mental health issue by a candidate, prompted me to delve a little more into the question of whether someone should disclose these personal issues during an interview. Or, in fact,...
Looking Beyond The Resume: How to Identify Top Talent
A resume is not a person. It is a shortcut, a list of facts, a ‘book cover’ that all too often is used to judge the ‘book’ without any real understanding of the whole person—or their potential to become a top tier employee. At a time when there are candidate...
5 Tools to Counteract Unconscious Bias in Recruitment
We are all navigating uncharted waters. Although there is much uncertainty about the near future for re-starting businesses and organisations, you should feel encouraged that strong organisational foundations and best business practices will get us through the many...
Why You Need to Review Unconscious Bias in Your Hiring Practices
Your mission: To find the very best candidate for the job. You understand the skills, education, expertise and experience required. In fact, you know exactly the type of person who would make a great fit for the position. Or do you? If what we know about unconscious...
Why Full Disclosure About Your Business Matters in the Recruitment Process
An ethical, transparent approach to recruiting people for your organisation is important and expected. When a potential senior hire sits down at a job interview, it’s not unreasonable that they should expect to learn as much about your organisation as you learn about...
The Importance of Creating a Personal Brand
In today’s highly competitive job market, the age-old adage of who you know rather than what you know, still remains somewhat relevant. The professional and personal relationships we foster and the benefits they yield, through direct or indirect connections to a...
The Importance of Supporting Professional Development in Your Workforce
If you want to maintain the most vibrant, engaged and enthusiastic workforce, refusing to acknowledge the power of professional development could be tantamount to burying your head in the sand. Short-sighted business leaders often see professional development as a...
Probation – how to get it right as an employer
As an employer, what you need to know about using probation When a new employee starts work for you, it’s important for both parties to gauge the new relationship and whether your “new start” is suitable for the role. This period of time – often called ‘probation’ or...
Why Employee Feedback is Essential to the Individual and the Business
Effective and timely feedback is vital in the life of any employee and is important for both professional and personal development and growth. It’s also essential to any business as a pillar of the company’s culture and because your organisation is only as strong as...
Why Interim Managers can be an Essential Asset to Any Business
Interim management is on the rise globally and the use of interim managers in Australian institutions and boutique businesses is climbing fast. It’s a growing trend that can deliver a number of benefits to businesses and individuals alike, including greater...
Answer The ‘What Is Your Salary?’ Question With The Amount You Want
By Melanie Pinola, www.lifehacker.com.auView OriginalAugust 15th, 2014 At some point before or during your job interview, you'll probably be asked how much you're currently making. The Personal Branding Blog offers some suggestions for deflecting this unnecessary...