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How BFSI talent strategies are evolving in 2025: Insights for future-ready hiring
4 min | Andrea Kelly | Article | Recruiting Market trends
In 2025, organizations across the Banking, Financial Services, and Insurance sector are rethinking how they attract, hire, and retain talent to keep pace with rising demand for digital skills, economic volatility, and widening workforce gaps.
Drawing from our latest insights with Everest Group, this blog reveals how leading BFSI firms are adapting and offers a strategic blueprint to help you build a future-ready workforce. For a deep dive into our findings, download the report or contact me directly to obtain your free copy.
Is your workforce strategy built for resilience or just reacting to change? Contact our experts today.
Let’s paint the picture. The BFSI sector is navigating a perfect storm: an intense collision of economic pressure, regulatory demands, and rapid technological change. These forces are shaking the foundations of traditional workforce models, leaving many organizations struggling to stay steady in increasingly unpredictable conditions.
If you're a BFSI leader aiming to align talent strategy with digital transformation, this article explores the growing gap between innovation and workforce readiness and how to close it.
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Flexible talent models are becoming essential: Freelancers, contractors, and internal gig economies are no longer optional; they are strategic. These models offer faster access to niche skills, lower overhead, and greater adaptability. In a volatile market, rigid workforce structures limit agility and slow innovation.
Reflecting this shift, SOW spending has grown from 18% in 2017 to 37% in 2023, with 75% concentrated in Pharma, Tech, and Finance sectors embracing flexible, project-based talent models.
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Skills-first hiring and employer brand are critical to compete: Traditional credentials are no longer enough. Skills-based hiring opens access to broader talent pools and ensures alignment with evolving business needs. At the same time, strong employer branding is key to attracting younger, tech-savvy professionals. Firms that fail to modernize how they hire and how they’re perceived will struggle to attract and retain top talent.
The future of talent in the Banking, Financial Services, and Insurance (BFSI) sector will be defined by those who take action today. Now is the time to evaluate your current approach and evolve it for what’s next.
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