Financial Services

Forbes says there are a number of challenges facing HR directors in the financial sector in 2015; they believe that these challenges come under the categories of regulation, remuneration and restoration. All financial sector businesses are under intense scrutiny since the economic downturn and the resultant new government regulations. Remuneration plans have changed as there has been more transparency to how employees in the sector get paid. The restoration of the trust of the sector is critical to the sustainability of the individual business.

HCM plays a key role in insuring employee related compliance and regulations are met. They will also, through proper compensation planning, guide their organizations through the new methods of transparent pay structures. And as important, they will need to restore their trust through people directed HCM initiatives.

Client Listing:

Acadian Asset Management LLC

American Skandia Investments

BankNorth

Baupost Group

BayBank Systems

BlueCross BlueShield of Maine

BlueCross BlueShield of New Hampshire

BMC HealthNet Plan / Well Sense Health

Boston Financial Data Systems

Brown Brothers Harriman

Capital One

Central BanCompany

CIT Group

Citizens Bank

CoreStates Bank

Cushman & Wakefield

Eastern Bank

Eastern Insurance

Eaton Vance Management

Fidelity Investments

Harvard Risk Management

Income Research & Management

John Hancock

John Hancock Funds

Liberty Financial Companies, Inc.

Liberty Mutual Group, Inc

MAPFRE

Morgan Stanley

Natixis Global Assett Management, L.P.

OneCore Financial Network, Inc.

Peoples Heritage Bank

Phoenix Home Life Insurance

Putnam Investments

Scudder Kemper

St. Mary’s Credit Union

State Street Bank

Sun Life of Canada

Thomson Financial Services

Tufts Associated Health Plan

USI Holdings