Regulatory Environment and Skilled Workforce Sample for a Banking Sector
PART: 16
11.2. Regulatory Environment
The
increasing burden of legal and regulatory requirements will add to the overall
costs for the Bank. However, this should be measured against the possibility of
fines and damage to the Banks reputation.
11.3. Skilled Workforce
In aiming to establish a stable
workforce, it is essential to encourage and reward employees in line with
market conditions to ensure continuing loyalty and motivation. There is a risk that, in not doing so, well-trained,
experienced and high potential staff will continue to leave the organisation.
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