Human Resource Needs in the Evolving Financial Sector

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Current Issues in Economics and Finance

Human Resource Needs in the Evolving Financial Sector

November 1997 Volume 3 Number 13

JEL classification: G2, J4

Author: Rebecca S. Demsetz

As banks, securities houses, and insurance companies offer increasingly similar services, how have their human resource needs changed? An analysis of survey data reveals that all three industries have come to rely more heavily on high-skilled labor; however, the educational and occupational profiles of their workforces have not become substantially more alike.

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6 pages / 220 kb

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