talent management News

City of London Tackles Its Daytime Drink Problem – One Institution at a Time: Opinion

For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime boozing is long gone. Pubs and pints have been replaced by coffee shops and lattes. Dealmaking hasn’t suffered for it. …

Reinsurance Broker Guy Carpenter Suspends Two Over Harassing Email

A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding the message outside the firm. “We take all incidents of …

2 Execs at Lloyd’s Insurer TMK Forced to Resign After Sexual Harassment Allegations

Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior employee. The first executive was said to …

Are Agencies Overpaying for Young Employees Today?

Memo to insurance agency owners seeking to onboard new employees: Expect to pay more, offer more and train more. Those trying to hire know that already. “What we’re seeing in particular in Texas, and I imagine in other places, too, …

Storytelling Is Key Soft Influencing Skill, Says UK Consultant, Coach and Storyteller

While everyone has a story to tell, many people fail to realize just how interesting they are. They simply need to learn to tap into their life experiences—and sometimes a coach can help them pry open the tap. In steps …

Lloyd’s Commissions Culture Survey to Help Raise Standards of Behavior

Lloyd’s of London has commissioned an independent culture survey following a Bloomberg Businessweek article that uncovered evidence of sexual misconduct in the world’s oldest insurance market. The survey is being carried out by the Banking Standards Board, a not-for-profit organization …

Lloyd’s Cracks Down on Drinking Culture in Market

Lloyd’s continues to tighten up its workplace rules by restricting people from entering Lloyd’s premises who are drunk or under the influence of drugs. The new rule, which was included in a market bulletin issued this week, comes on the …

UK Financial Services Firms Fail to Improve Gender Pay Gap

Women working in the U.K.’s financial-services industry are seeing little improvement in their pay parity with male colleagues, according to the latest batch of disclosures as this year’s reporting season comes to a close. Businesses have until midnight in London …

Being Independent, Nimble and Niche: Keys to SSL Endeavour’s Aim to Put Clients First

By creating an innovative and nimble operating platform, SSL Endeavour, London-based Lloyd’s broker, aims to attract and retain the best entrepreneurial brokers who are freed up to create innovative client solutions, said Group Managing Director Karen Allen. “Being a niche …

Global Gender Pay Gap Improves Slightly but Will Take Many Years to Close: WEF

The good news: The global gender gap has improved, slightly. The reality: Differences in economic opportunity, including pay between men and women, are so vast it’ll take 202 years to fully bridge them, according to the World Economic Forum. The …