Financial firms make lousy employers

A Hewitt study of Asia''s best employers finds financial services performing below par.

Financial institutions like to talk about their commitment to nurturing talent but a new survey by Hewitt Associates in Hong Kong finds that the industry is a poor employer - no surprise to those used to banks' boom-bust nature of hiring and industry consolidation.

Hewitt has released the results of a regional survey of 305 companies in eight countries evaluating which are the best employers, judging them on ensuring stability amid a volatile economy, creating and delivering high performance with fewer resources, and retaining and developing high quality talent.

Financial service firms made up 9% of the total number of companies polled. But on average, only 6.6% of the top-ranked companies...

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