The Duke of Wellington famously described his army as being “composed of the scum of the earth - the mere scum of the earth.” That was almost 200 years ago. Today many across the globe would argue that bankers in the City should be similarly described. However, Wellington’s “Scum of the Earth” managed to defeat Napoleon at Waterloo and today’s military offer a range of skills that should be welcomed... Read more
By Andrew Pullman, People Risk Solutions 16 Feb 2009 - 54 comments
The credit crunch is like a large sneeze that’s showered even the most robust members of the financial services community with a contagious virus, producing subsequent sneezes and sniffles. After the first big sneeze last summer, the contagion is still spreading: individuals are being laid off across the City and the retail sector is being impacted as well. Many could be infected. What can you do to protect yourself? As... Read more
By Andrew Pullman, People Risk Solutions 16 Jul 2008 - 18 comments
Recruitment decisions aren’t quite so straightforward in the wake of the credit crisis, says Andrew Pullman. I am sure that when depositors were queuing up outside Northern Rock recently they didn’t worry too much about financial services recruitment in the New Year. However, many thousands are now facing the prospect of a rocky period ahead if they are looking for a new job in the City in 2008. How are banks and... Read more
By Andrew Pullman, People Risk Solutions 20 Dec 2007 - 9 comments
Andrew Pullman, founder of City HR consultancy People Risk Solutions, says the pain will be less if you can be realistic about bonuses. What an apt quote on the financial markets by Warren Buffett: "It's only when the tide goes out that you discover who's been swimming naked." Over the last few weeks, given the choppy seas of global markets, many investment bankers and hedge fund managers have been desperately searching for fig... Read more
By Andrew Pullman, People Risk Solutions 25 Sep 2007 - 0 comments
Want to survive a love-in (or hostile takeover) between two banks? Andrew Pullman, of HR consultancy People Risk Solutions, tells how not to get squeezed out. Is it Barclays and ABN, or JPMorgan and Barclays? Or is it RBS, Santander, Fortis and ABN? Merger and takeover rumours never seem to be far from the headlines. But what does it actually mean for the foot soldier at any of those firms, and... Read more
By Andrew Pullman, People Risk Solutions 26 Apr 2007 - 1 comment
Andrew Pullman on lowering the temperature of the bonus round. Founder of People Risk Solutions, Pullman was head of capital markets HR at Dresdner Kleinwort. The Festive period in the City is an emotional time. It has absolutely nothing to do with peace and goodwill to all men and everything to do with "How much money will I get paid?" Bonus time is a huge annual challenge to every CEO and senior... Read more
By Andrew Pullman, People Risk Solutions 19 Dec 2006 - 0 comments
Be wary of job offers that offer too much. Andrew Pullman, a former head of financial markets HR at Dresdner Kleinwort, explores why a new job could leave you all at sea. A very senior manager once told me that he was nicknamed “River” by many of his colleagues from a previous firm. “Why?” I innocently asked … “because they claimed I sold them down the river by leaving six months... Read more
By Andrew Pullman, People Risk Solutions 10 Oct 2006 - 0 comments