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In addition, work security is no longer a given
in the financial sector. Whoever wants to build
a career has to work hard.
Attractiveness of the sector
The financial sector is also particularly com-
plex. For the outside world this creates an
impression of incomprehensibility, a sector
of grey suits with a rigid image. On the other
hand, this may be a stimulus for young tal-
ent who see this complexity as an intellectual
challenge.
Nevertheless, in the last few months it has
proven to be increasingly difficult for the fi-
nancial sector to attract and hold on to young
people.
This is also reflected in the extent to which
young people consider the financial institu-
tions to be attractive employers. In the last
three years, not a single financial institution
has reached the top 20 of the Award for Most
Attractive Employer of the Randstad temping
agency. In 2009, KBC, ING and Dexia still ap-
peared on the list. Which are the companies
that do appear in the top 20? In 2012, the
highest places were dredging company Deme,
pharmaceutical giant GSK and technology
giant Techspace Aero.
The fact that the Belgian banks have limited
their international activities or that they were
taken over by a foreign concern has reduced
the opportunities of their employees for an
international career. This may be why the sec-
tor has lost part of its attractiveness for young
talent. The stern image does not help either.
A good basic salary no longer suffices for the
youngest generation of employees. A good
work-private life balance is increasingly cen-
tral in their search for the ideal job. If the sec-
tor wishes to attract and hold on to talented
youngsters, it has every interest therefore to
keep work pressure bearable and to provide
flexibility.
Which salary for a new
financial sector employee?
Minimum basic package for someone engaged
as commercial adviser in the financial sector
and having no experience :
Salary: €2,165.26 gross (remuneration in
accordance with sectorial scale)
Non-mandatory benefits, depending on
each individual institution, but often
applied in the entire sector: life insurance,
hospitalisation insurance, group insurance,
possibility to take time credit, meal
vouchers, training, etc.
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Sustainable HR policy