The role and importance of HR in the financial services sector has increased dramatically over the last two years. HR teams have been instrumental in helping organisations improve corporate resilience in the face of massive disruption and changing working practices.
But while the immediate effects of the pandemic have long-since eased, the rapid digitisation of the finance industry means HR teams are still grappling with a variety of challenges. From a nationwide skills shortage to concerns over equality and increasing compliance demands, the pressure on HR teams shows no signs of letting up any time soon.
In this report, we consider how a single cloud-based HR system like XCD not only helps businesses deal with the current challenges but also provides the tools they need to actively thrive and grown in a competitive market.