Millennial Employees and the Financial Industry

BRINSON + BANKS FOR THE WALL STREET JOURNAL

BRINSON + BANKS FOR THE WALL STREET JOURNAL

This article clearly displays the disconnect between upper managers in the financial industry and their employees. Millennial employees are leaving in droves, feeling underutilized and unengaged, and large banks are struggling to keep them happy in the face of mass layoffs of older employees to cut costs. When managers show a fundamental lack of understanding about how their workers think and feel, there’s no question that something will have to give. More data about how employees feel, like the study I’m working on with the Yale Center for Emotional Intelligence, The Emotion Revolution in the Workplace, will help employers better understand their employees’ perspectives, and hopefully motivate businesses to solve their employment problems. You can read more about this at The Wall Street Journal.

Picture Info: Steve Wu, a millennial who left his banking job for greener pastures.