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Tag Archives: HR

Big Data training in Kyrgyzstan

Big Data, as a concept, has been around for more than 10 years and involves the work of various types of specialists, including IT specialists, programmers, mathematicians, data visualization specialists, data engineers, data analysts and more. In Kyrgyzstan, the training for such specialists is rather limited, even at specialized IT …

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12 lessons all industries can learn from BigTechs

While most companies turn to BigTechs for ways to make work easier (e.g. with software and apps), they can also teach all industries other valuable lessons about how to do business. Here are 12 ways non-tech industries can learn from BigTech: Embrace failure – non-tech industries should learn to embrace …

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The heads of Yandex, Tinkoff and Severstal discuss technological developments

The St. Petersburg International Economic Forum hosted a discussion with the heads of Yandex, Tinkoff and Severstal, during which the three discussed ideas on the development of technologies. Highlights of the discussion are presented below, with more details available here. Artificial intelligence – artificial intelligence will not change human functions, …

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The FinTech skills crisis in the UK

A 2016 study by KPMG and H2 Ventures found that London hosts 17 of the top 50 international FinTech companies; however, much of the talent at these companies (42%) comes from outside the United Kingdom (UK). With Brexit looming, the FinTech skills gap in the UK is expected to widen …

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In-demand FinTech skills

Rapid digital transformation has not only hastened the expansion of FinTech in recent years, it has also increased the demand for FinTech skills. Moreover, this demand calls for a convergence of multidisciplinary skills commonly-known as the full-stack quant (i.e. requisite technical skills with a working knowledge of financial concepts and …

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HR’s turn to analytics

Employers are increasingly turning to data analytics to improve their recruiting and other human resources (HR) processes as they compete to attract and retain the most talented people. Specifically, employers are embracing routine data analytics to quickly determine which of their many job applicants best match their requirements as well …

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Lack of available talent amid boom of interest in blockchain

Recent interest in blockchain has led to an explosion of blockchain vacancies. But this boom can make it difficult to attract qualified talent. This problem is only exacerbated by the fact that many companies seeking talent with blockchain capabilities are startups with uncertain futures. In order to attract qualified talent, …

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The importance of data science skills in HR

Data science has become important in helping organizations identify trends and, ultimately, drive strategies that will impact the bottom line. Here are 4 reasons why data science skills are important for human resources (HR) departments: Adapt to new HR expectations – HR teams are now expected to play a strategic …

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The appeal of finance to top tech talent

The world of technology seems to be filled with endless opportunities for innovation and success, whereas the financial world is often perceived as outdated and with a bleak outlook. Yet, tech-minded individuals seem to be entering financial spheres at high rates, signaling a shift in where many (especially millennials) are …

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Why financial institutions are losing the talent war for developers

A global survey of 1,000 bank and financial firm executives found that the biggest concern for many financial institutions is access to skilled developers. In fact, 97% of respondents said the higher developers was a priority for them, with 72% seeing developers as directly impacting sales efforts. This leads to …

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How startups can survive the FinTech talent drought

There is an undeniable shortage of adequate skills in the FinTech world, especially in terms of design and development, leading to a so-called “talent war”, especially between startups and traditional financial heavyweights. While these traditional financial heavyweights have the resources and are starting to develop the drive for FinTech solutions, …

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Explosive growth through mastering human resources

Selectel has become a leading company in IT business solutions and is experiencing explosive growth. In fact, over the past five years, the average annual growth rate of the company exceeds 60%. To keep this growth trend going, the company pays great attention to all aspects of human resources. This …

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Time for Kazakhstan to develop university-level FinTech program

FinTech companies in Kazakhstan have helped thousands of people gain access to fast and convenient financial resources. Yet, FinTech companies in Kazakhstan are facing the same problems as FinTech companies across the world: limited available talent. Currently Kazakhstani FinTech companies are trying to overcome this issue by: (1) collaborating with …

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The promise of FinTech hackathons

Fresh ideas and new initiatives are born within strong self-organized teams. For this reason, hackathons represent a great way for companies, especially those engaged in the FinTech world, to leverage their employees’ creativity and abilities to create something of tremendous value for both the company and the larger community. A …

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The changing idea of management and reporting

With millennials and their ideas of what it means to be an employee entering the workforce, many companies are finding it necessary to change their organizational structure and how they operate. This has resulted in employees becoming more independent, the role of managers being reduced and reports increasingly becoming a …

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How healthy are “dream” IT offices?

Modern IT companies are striving to do everything for employees to be able to live at work, with many offering social gatherings, gyms, free restaurants, showers and even bedrooms. Perhaps none is envied more than Google in this respect. But many ex-Google employees warn that this leads to an unhealthy …

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FinTechs vs. traditional financial institutions: the talent war

In recent years, traditional financial institutions have been on the losing end of a trend that has seen talent move towards FinTechs. This has largely been driven by a “robots will eventually replace staff anyway” apathy on the part of traditional financial institutions and FinTechs offering attractive work environments, especially …

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Solving the IT conundrum for financial institutions

IT professionals are becoming an increasingly important part of small and large companies alike. This is especially true in the banking sector, which is being driven by simultaneous desires to reduce costs, increase security and provide exceptional services to clients. The dynamic growth of the banking sector, however, has made …

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Infographic: Millennials vs. Gen Z in the workplace

Millennials and Generation Z (Gen Z) both have a lot to offer the work environment. Their ideas, especially when combined, can help a business reach new heights. This infographic presents information on how each of them achieve success in the workplace. Banks and fintech companies in “war for talent” FinTech …

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How to attract Generation Z workers

Generation Z (Gen Z) is now entering the workforce, but they are looking for something very different in employment than previous generations. Instead of an attractive social package, Gen Z looks for companies with values that offer employment opportunities of social significance. But how should companies compete to attract the …

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