As bankers and investors, we know the value of compound interest with our money. But what about compound interest in our lives? Improving just a little bit every day can create a life-changing impact over time.
A year ago, Christopher Hendry had no idea he would soon start a career in the credit union industry, never mind as a president and CEO of IC Federal Credit Union.
Facing challenges in staffing and hiring as loan volumes reached near or above record levels in 2020 and into 2021, mortgage lenders have had to manage evolving perspectives on work-life balances more than 18 months into the pandemic.
As real estate development recovers from the pandemic pause and Boston-area architecture firms return to hiring mode, they’re finding a changed landscape for recruiting and retaining talent.
If 2020 has been the year of the Great Resignation, it has also been a wake-up call to industries that have grown too used to working their employees too hard.
Employers “feel like they’ve sort of hit that point where the unvaccinated are not going to do it unless there’s something significant making them do it.”
Impulsive decision-making by an individual or small, isolated group of followers, without those safeguards, can and often will lead to disastrous results.
COVID-19 is pushing banks to weed out inefficient, manual business processes. And the effort promises to help their workers, too.
Diane Mahoney began her banking career as a part-time teller at Bank of Boston, has spent most of her career in human resources. Now, she’s the first female CEO of Leominster Credit Union.
Are you thinking about starting a team or do you already have one? Failure to keep an eye out for these mistakes can result in disputes within your team, cash flow problems or even the disbanding of your team.
Financial services leaders are committed to creating a more diverse, equitable and inclusive workforce, but they still struggle with how to take meaningful actions that have a real impact, according to research recently conducted by BAI, a nonprofit independent banking industry research organization.
While there’s no denying that banking is as competitive as any other industry, a large number next to a dollar sign doesn’t tell the whole truth of how a bank is operating, for that truth lies in how a bank is making a difference in its customers’ lives.
Now is a pivotal moment in history where society’s attention is finally focused on what we have collectively ignored for far too long – hundreds of years of brutality, racism and inequity throughout the United States of America.
Many banking and financial leaders are struggling to find clarity and direction through the COVID-19 crisis, and if this is how you’re feeling, be assured that you’re in good company.
The Institution for Savings turned 200 this year, but as the bank focused on keeping employees safe and helping customers affected by the coronavirus crisis, celebrations were placed on the back burner, President and CEO Michael Jones said.
Douglas Reed has ambitious plans for the growth of engineering firm Meridian Assoc. as he takes over its leadership during a global economic crisis.
Anne Tangen became BankFive’s first woman president April 6 and will become CEO in June, in the teeth of the coronavirus pandemic.
America’s CEOs have important roles to play as the crisis poses a test of their ability to help their workers stay healthy motivated and engaged.
We have just embarked on a whole new decade – a 10-year span that will effectuate change, spark new ideas and deliver professional successes and failures. The new year also affords an opportunity to start fresh for those of us who want to make some changes.
