Today we unveil the 2024 LinkedIn Top Companies list in financial services, a data-backed ranking of the 10 best large employers to work for in this sector in the UK. It’s a resource for job seekers and people looking to progress in their careers, helping them to identify top companies that set workers up for success. The list makes it easy for you to explore open jobs at these companies, connect with people you may know and more. See who made this year’s list of the top companies to work for and weigh in using #LinkedInTopCompanies.
While I see the rationale and some of the purpose for this, I am struggling with its purpose or what it gives to the general financial services professional in the UK. If the goal is for senior global financial services professionals and other finance industry staff at a senior global level, then it may serve as a guide. Unfortunately, the majority of financial services workers would probably get very little, if any value from this type of research. It may be more beneficial to break this down in to more specific groups, regions, or sectors of financial services might be more useful. Other comments such as more focus on other sectors such as fintech also shows this point. Also, the research only using Linkedin data slightly skews the figures, especially from a Linkedin perspective.
Andy Morrison
7 个月
Difficult to read as the methodology (if I've read this correctly) only utilises data within LinkedIn, it also doesn't allow for variables including when people announce job moves or promotions, vs the actual event taking place e.g. if secure in the role/company and not looking to exit they may not do this for many months (if at all) so a 12-month time period probably isn't ideal. If this was a rolling 12-month period, reported monthly and you could show trends for this, I'd be more inclined to take the "rankings" on board. Initially this looks like another way for large firms to pat themselves on the back, and another empty way to further aid recruitment efforts on the platform. promotion tracked using standardised job titles, so no validation work done on the many that likely aren't aligned. i could add "skills" on my profile by typing and pressing enter, doesn't mean i have them... qualifications may be a better indicator, or only skills aquired after completing linkedin learning courses. worker demand, if that metric is rising at a rate that is increasing more quickly than attrition grows, then fine, if not it's not a metric that holds merit. personally, I'm just struggling with this entire study.
James Crabtree
7 个月
It's fascinating to see how these top companies prioritise their employees' experiences and career growth. Mastercard's focus on FinTech and its impressive 99.74% hybrid remote job availability really underscore their commitment to innovation and flexibility. Similarly, Barclays' wide range of financial services and their 81.5% hybrid remote job availability show they're dedicated to offering diverse career paths while respecting modern work preferences. These companies aren't just attracting talent; they're actively shaping the future of work in finance, and that's something to take note of.
Johnson Olusegun A.
7 个月
The 10 best UK workplaces in the financial sector from LinkedIn in 2024: The banks and the service/tech providers on the list are superb. When it comes to investment banking, M&A is a big area and I saw some well known banks from the list that are heavily into M&A.(mergers and acquisition) There are well known service/tech providers on the list with numerous services as well. Key trends when it comes to financial services. I'll list a few major ones: -Believe it or not: Blockchain banking. -Customer Experience. -Security. -Artificial intelligence. -Big Data. -Regulatory & Compliance. -Other important areas in core financial technology. -And let's not forget the various latest areas in finance. It's good to see that Barclays Bank is on the list. A good place to work for.?? #careergrowth #financialservices #LinkedinTopCompanies
techUK
7 个月
It is amazing to see Visa, one of our member companies, featured in this list! ?? Congratulations to all other companies for making it to #LinkedInTopCompanies list: Mastercard, Barclays, HSBC, BNY Mellon, American Express, JPMorgan Chase & Co., FactSet, Sumitomo Mitsui Banking Corporation – SMBC Group and Blackstone.
Ian Hepworth
7 个月
What stands out to me when I look at the list is the absence of any fintech type businesses. The traditional banks and more traditional investment type organisations seem to feature. This may be because of the size of the organisations the research is focussed on. There can't be many fintechs with over 5,000 employees globally and 500 in the UK.
Suvagata Roy
7 个月
Financial services have been changing a lot over the past few years. Technlogy has upended business models and created fintech as big domain. Like everywhere else tech is about leverage with less people. This list has a very low fintech presence, I guess, due to its methodology. "To be eligible, companies must have had 5,000 or more global employees with at least 500 in the country as of Dec. 31, 2023." If you are interested in tech and disruption you should look at this list with a pinch of salt. Some of these companies do have tech presence but dont expect to find the great small / mid sized companies in the list.
Interesting list, I have only worked for JPMorgan from the list above. I found the - 'Ability to advance' tracker for employee promotions within a company and when they move to a new company, based on standardised job titles - very interesting, how is this used though? for example JPMorgan's hierarchical structure is different to Citi and Barclays, an AVP in one is the equivalent to a VP in another, is there an ontology behind that is inferring the meaning of these job titles?
Manish V.
7 个月
For professionals in the financial sector, this list could serve as a crucial tool in strategizing their career moves. The detailed insights into in-demand roles and skills are especially valuable for anyone looking to align their career path with the future needs of the industry. The emphasis on flexible and hybrid roles reflects a broader industry trend towards accommodating diverse working styles and life commitments. Finally, seeing companies actively promote upskilling and career development opportunities is a clear indicator that the industry values continuous learning. If financial companies are the classrooms, it seems Mastercard and the like are vying for the title of 'head of the class'. Just imagine, your next office could be anywhere from a London high-rise to your own living room!
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7 个月I really like the 'Ability to advance' methodology used in compiling this list, using LinkedIn data on people progressing through job titles, promotions etc. This sets it apart from other lists to me for those looking for quick career progression –?and also an indication of employee engagement. The range of percentages of hybrid roles is also interesting. I was expecting the big US banks to all have low percentages, but only JP Morgan has a low score at 22.89%.