Business
How Recruitment is Done in the Financial Services Industry
By Sethisfy  •  July 23, 2011
I did some random Googling and came across 5 recruitment adverts from different companies and firms within the financial services industry. This is how recruitment is done in this industry: All the recruitment managers have to do is to meet a number of people and tell them how lucrative the job is, proving it by showing off their pay cheques or branded cars, and they can probably get a fraction of these people on board. Seeing as to how one must be very persuasive to be able to sell insurance policies, especially lousy products, you can only imagine how persuasive someone who has risen to the post of manager can be. For every 10 people they manage to recruit, perhaps 7, 8, or even 9 of them cannot survive for long in the business. No matter, they will start off by selling policies to their friends and family, and the ......
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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