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JP Morgan Tops The eFinancialCareers Global List Of Ideal Employers For Financial Professionals

eFinancialCareers Ideal Employer 2017 rankings place Goldman Sachs, Google, Morgan Stanley and Citi in the remaining spots to round out top five

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eFinancialCareers

Mar 28, 2017, 09:00 ET

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NEW YORK, March 28, 2017 /PRNewswire/ -- JP Morgan is the preferred employer of finance professionals globally, taking first place in the eFinancialCareers Ideal Employer rankings for 2017. Goldman Sachs, Google, Morgan Stanley and Citi complete the eFinancialCareers Ideal Employer Global top five.

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eFinancialCareers Ideal Employer Global Top 30 Rankings 2017
eFinancialCareers Ideal Employer Global Top 30 Rankings 2017

eFinancialCareers® surveyed 5,983 finance professionals globally during Q4 2016 and received a total of 17,622 votes for 2,663 different companies (respondents were asked to name three ideal employers). The study explored the professional, demographic and attitudinal nuances that determine a person's 'Ideal Employer'.

JP Morgan took the number one spot from last year's winner, Goldman Sachs, which dropped to second place. Google held its third place ranking this year, and remains a desirable employer for many financial services professionals. Morgan Stanley also remained unchanged from last year in fourth position and Citi jumped two places into fifth, edging BlackRock out of the top five.

"It may not be a surprise that JP Morgan earned the top spot as the ideal employer among finance professionals. However, Google's high ranking again this year shows that tech firms maintain a strong employer brand among financial services professionals, despite operating outside of the sector. Large tech companies should be considered tough competitors for financial services employers seeking to attract top talent," said George McFerran, Senior Vice President Customer Engagement, eFinancialCareers.

Finance professionals stated that the most important criteria for selecting their ideal organizations to work for were: challenging / interesting work (85% stated this was very important), competitive salary (84%), opportunities for promotion (81%), positive organizational structure (78%) and strong executive leadership (75%). *

McFerran added, "While remuneration clearly continues to be very important to finance professionals, it's fascinating to see that being enthused at work and being part of a positive culture are now almost as important. The industry has made great strides in these areas, but as the competition for talent intensifies and becomes cross-industry, further initiatives are needed."

JP Morgan's number one ranking appears to be driven by finance professionals' perception of their strengths in competitive salary, financial performance of the firm, the ability to offer challenging/interesting work, and that they are an established leader in the industry. In particular, 75% of respondents who selected JP Morgan as one of their ideal employers thought their competitive salaries were a strength. *

Conversely, Google's strong ranking appears to be driven by their perceived strengths in employment benefits, office environment and the fact that they are an innovator in their industry. In particular, 81% of respondents who selected Google as one of their ideal employers thought their employment benefits were a strength. **

eFinancialCareers Ideal Employer Rankings 2017
1) JP Morgan, 2) Goldman Sachs, 3) Google, 4) Morgan Stanley, 5) Citi, 6) BlackRock, 7) HSBC, 8) Bank Of America / Merrill Lynch, 8) UBS, 10) Credit Suisse, 11) PricewaterouseCoopers, 12) Deloitte, 13) McKinsey & Co, 14) Barclays, 15) Facebook, 16) Apple, 17) Deutsche Bank, 18) DBS Bank, 19) Blackstone Group, 20) Standard Chartered Bank, 21) KPMG, 22) EY, 23) BNP Paribas, 24) Microsoft, 25) Boston Consulting Group, 26) Amazon, 27) Bain & Co., 28) KKR, 29) Bloomberg, 30) OCBC Bank.

* Respondents were asked to rate the following criteria on a scale of 1 to 7 where 1 was "not important at all" and 7 was "very important." The "Top 2 Box %" below are the percentages of respondents who scored the criteria a 6 or 7 in importance.

Criteria

Top 2 Box %

Challenging / Interesting work

85%

Competitive salary

84%

Opportunities for promotion

81%

Positive organizational culture

78%

Strong executive leadership

75%

Financial performance / strength of firm

74%

Solid training and development programs

72%

Competitive bonus

71%

Attractive benefits

67%

Office environment

66%

Work with key industry players

66%

Established leader in the industry

64%

Innovator in the industry

63%

Is a good corporate citizen

60%

Manageable working hours

54%

Flexible working options

46%

Progressive on issues like diversity, CSR

46%

** Respondents were asked whether they perceived any of the same criteria were a strength for the ideal employers they identified ("Yes" or "No"). The percentages below are the number of respondents who stated their ideal employer had a strength in that area compared to the total number of people who identified that company as their ideal employer.

Ideal Employer

Challenging work

Competitive salary

Opportunities for promotion

Positive culture

Strong executive leadership

JP Morgan

70%

75%

57%

48%

64%

Goldman Sachs

71%

82%

59%

41%

66%

Google

77%

72%

55%

73%

68%

Morgan Stanley

70%

71%

56%

46%

56%

Citi

60%

63%

55%

47%

51%

eFinancialCareers Ideal Employer 2017 URL: http://bit.ly/IdealEmployer2017 

About eFinancialCareers
eFinancialCareers, a DHI Group, Inc. (NYSE: DHX) Service, is the world's leading careers site for financial services professionals. eFinancialCareers efficiently connects financial services professionals with employers and provides invaluable industry insights, career information and the latest opportunities that they need to maximize their potential. Through our talent analytics and acquisition solutions, we give employers unique insight into the talent landscape. We will help them efficiently source and retain the highly-qualified professionals they need to achieve their strategic ambitions. eFinancialCareers offers local websites in 19 markets across North America, Europe, APAC, and the financial centers of the Middle East.

Media Contact
Kristianna Berger
Sr. Communications Manager, DHI Group, Inc.
[email protected]
303-562-0337

SOURCE eFinancialCareers

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