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Male bankers more likely to crave money, power in new role

When you ask a U.S. banker with itchy feet what they’re looking for a new job, the answer you’re most likely to receive is money and power. The chances are better, however, if that person is a man.

When asked of the most critical factor when considering a new role, roughly 35% of active male job seekers said compensation, with another 30% claiming career prospects were most important, according to the eFinancialCareers Career Satisfaction & Retention Survey. The most popular responses among U.S. female bankers who are actively looking for a new job were the same, though just 26% said compensation while 19% career prospects.

However, U.S. women were more prone to claim a workplace category as their main criterion for a new position. Roughly 8% said flexibility (bendable work hours, working from home etc), compared to just 3% of men. Eleven percent of women said job security is their top motivator, compared to 7% of men.

Work culture (15% versus 8.5%) was a more common response from women, as was manageable work hours (3.1% compared 0.7%), though obviously neither men or women found it to be a major priority.

U.S. bankers, no matter what the gender, see no reason to cross any international borders. Just three total bankers said the opportunity to relocate abroad was their top priority.

Click here to view the full results of the Career Satisfaction and Retention Survey 




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AUTHORBeecher Tuttle US Editor
  • Ja
    Jason Derulo
    22 June 2014

    Most men crave money and/ or power period; as do most women I might add- this is a non article!

  • dj
    18 June 2014

    With all this talk about "bankers". It would help if you specified which types of bankers you are referring to. There's a huge difference between an investment banker and a commercial banker (working for retail banks).

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