Briefings ago, I mentioned something Jamie Dimon said during JPMorgan’s earnings call:
“I think wages going up is a good thing for the people who have the wages going up. CEOs shouldn’t be crybabies about it. They should just deal with it.”
And there may be some truth to that.
Competition for talent in the financial industry is heating up. Major banks like Chase and Citi say they’ve been paying competitively to get dibs on top talent.
But money isn’t everything – there is also the subject of perks. Financial service providers have been stepping it up in that respect as well.
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