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The Fed is Diversifying its Hiring Practices

November 12, 2019 by Isaacamar

The Fed is on its way to looking more like the country it represents.

Struggling with a longstanding skew toward white and male PhD economists, the institution has begun a more concerted effort to hire women and people of color.

Much of this shift in hiring practices has involved a rethinking of what valuable skills look like.

Instead of prioritizing resumes from Ivy League grads, recruiters are starting to take work experience and “soft skills” (communication, social intelligence) into greater
consideration.

Any recruiter could tell you the wisdom of paying attention to soft skills, and having a multitude of perspectives in your workforce is always going to bring great value to your team.

Your team could have all the prestigious degrees in the world, but unless they have the skills necessary for collaborating and building on each other’s skills, chances are they are operating at sub-optimal capacity.

If you’re interested in hearing more please don’t hesitate to reach out and learn about the type of work we do here at ECG Resources.

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Filed Under: Client Insights

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About ECG Resources

ECG Resources is an executive search firm focused on placing high caliber candidates in strategic roles within the Wealth Management arena throughout the United States. Our industry expertise and commitment to client success has earned us the privilege of long-term relationships spanning small boutique firms to some of the world's largest corporations.
Recognized by the Family Wealth Alliance as a Top-Tier Executive Search Firm.
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