{"id":4136,"date":"2023-07-11T16:32:00","date_gmt":"2023-07-11T14:32:00","guid":{"rendered":"https:\/\/www.fbf.fr\/en\/?p=4136"},"modified":"2023-09-22T16:17:21","modified_gmt":"2023-09-22T14:17:21","slug":"nearly-50000-banking-hires-in-2022-a-record-year","status":"publish","type":"post","link":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/","title":{"rendered":"Nearly 50,000 banking hires in 2022: a record year"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In 2022, French banks saw a record year for hiring: 48,900 new hires, i.e. a 21% increase year on year. At end-2022, the sector had 349,100 employees (of which 181,900 in the AFB branch), accounting for nearly 1.7% of private-sector salaried employment in France. This hiring momentum was also reflected in the number of work-study participants, totalling 18,400 in 2022, of which 14,500 were new. This represents a sharp increase from the previous year.<\/strong><br><strong>The decline in the workforce (permanent and fixed-term contracts), averaging 1% over five years, decelerated significantly in 2022 (-0.4%). For the first time, the entire workforce combined (permanent, fixed-term and work-study contracts) increased, rising to 367,500 in 2022 from 366,800 in 2021.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A dynamic sector and permanent jobs<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">With<strong> 349,100 employees<\/strong> at end-2022 in banks that are members of the French Banking Federation (FBF), representing nearly 1.7% of private-sector salaried employment, the French banking sector is a major employer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">French banks hired<strong> 48,900 employees<\/strong> (vs. 40,300 in 2021 and 35,300 in 2020), of which<strong> 24,700 in the AFB branch<\/strong> (vs. 18,500 in 2021). Of these 24,700, 18,100 are permanent hires; more than<strong> 73% are on permanent contracts<\/strong> (vs. 65% in 2021), representing more than<strong> 98%<\/strong> of jobs in the sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although turnover increased in 2022, at 10.2% for the sector it is more than two times lower than the national average (22.6%).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Highly skilled and diverse jobs for women throughout France<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">With<strong> women making up nearly 57% of its workforce,<\/strong> banking is a sector that promotes parity: women represent 49.5% of recruitments, of which one in two is hired at the managerial level;<strong> 49.7% of managers are women<\/strong> (+5.1 points since 2012); and women account for <strong>59% of promotions.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is also a sector where jobs are skilled<strong> (managers make up 70% of the workforce,<\/strong> +15 points since 2012) and that is open to people with different types of degrees. Permanent hires have anywhere from <strong>4-5 years of higher education or more (57%) to 2-3 years of higher education (34%) to less than 2 years of higher education (9%).<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Customer relations jobs<\/strong> account for nearly<strong> 54%<\/strong> (+1 point) of permanent hires. These jobs are located throughout France, as a local footprint is the hallmark of French banks and an important component of their relationship-based model. They outpace jobs in IT (13.4%), compliance and risk management (8.1%) and back office (6.2%).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A responsible and engaged sector<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In 2022, French banks recruited<strong> 14,500 new work-study participants<\/strong> (vs. 13,300 in 2021), bringing the number of work-study participants at end-2022 to 18,400.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the AFB branch alone, there are<strong> 9,900 work-study participants (of which 7,500 new contracts in 2022),<\/strong> as well as<strong> 6,400 young people working as interns<\/strong> and<strong> 750 young people<\/strong> participating in the <strong><em>Volontariat International \u00e0 l\u2019Etranger<\/em><\/strong> (international business internship) programme. In parallel, nearly one in two recruits is under the age of 30.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Partnerships (with APELS (French Agency for Education through Sport) and each One) play a role in integrating young people from disadvantaged neighbourhoods and skilled refugees into the workplace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Banks\u2019 policies on older workers, often as part of dedicated collective agreements, have helped to gradually increase the retirement age, which in 2022 was <strong>62.3 years old<\/strong> (+1.4 points in eight years). <br><br>For Maya Atig, Chief Executive Officer of the AFB and the FBF: &#8220;<em>In 2022, banks saw a record year for hiring, with nearly 50,000 new hires. They are also major players in training and integration. They dedicated 4.3% of their total payroll to training their employees, or nearly 4.5&nbsp;million hours, and brought in 14,500&nbsp;new work-study participants. These figures demonstrate the extent to which banks across the country are actively involved in integration and development&#8221;.<\/em><\/p>\n\n\n<div class=\"postAttachment\"><div class=\"postAttachment__wrapper\"><div class=\"postAttachment__info\"><p class=\"postAttachment__name\">Key figures and changes in employment in the bank in 2022 (source : AFB)<\/p><p class=\"postAttachment__fileSize\">1.3 MB<\/p><\/div><a class=\"postActions__action postActions__action--big clickEvent postAttachement_link\" data-wp-interactive=\"fbf\/tracking\" data-wp-context=\"{&quot;category&quot;:&quot;file&quot;,&quot;action&quot;:&quot;download&quot;,&quot;label&quot;:&quot;Key figures and changes in employment in the bank in 2022 (source : AFB)&quot;}\" data-wp-on--click=\"actions.push\" data-eventcategory=\"file\" data-eventaction=\"download\" data-eventlabel=\"Key figures and changes in employment in the bank in 2022 (source : AFB)\" href=\"https:\/\/fbf.fr\/uploads\/2023\/07\/Key-figures-and-changes-in-employment-in-the-bank-in-2022-source-AFB.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"postActions__label\">Download Key figures and changes in employment in the bank in 2022 (source : AFB)<\/span><svg role=\"presentation\" class=\"postActions__icon\" width=\"14\"><use href=\"#download\" xlink:href=\"#download\"\/><\/svg><\/a><\/div><\/div>\n\n<div class=\"author\"><div class=\"author__wrapper\"><img decoding=\"async\" class=\"author__portrait\" src=\"https:\/\/fbf.fr\/uploads\/2021\/04\/Benoit-Danton.jpeg\" alt=\"\"><p class=\"author__name\">Benoit DANTON<\/p><p class=\"author__contact\">bdanton@fbf.fr<\/p><p class=\"author__contact\">+33 (0)6.73.48.80.40<\/p><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>In 2022, French banks saw a record year for hiring: 48,900 new hires, i.e. a 21% increase year on year. At end-2022, the sector had 349,100 employees (of which 181,900 in the AFB branch), accounting for nearly 1.7% of private-sector salaried employment in France. This hiring momentum was also reflected in the number of work-study [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":4137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","views":5504,"viewed_at":"1778460666"},"categories":[689,608,595,618,685,4,13,5],"tags":[643,224],"class_list":["post-4136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employment","category-employment-and-inclusion","category-french-banking-industry","category-rubric-key-facts-and-figures","category-key-words","category-rubric-newsroom","category-overview","category-press-releases","tag-employment-and-inclusion","tag-french-banking-industry"],"yoast_head":"<title>Nearly 50,000 banking hires in 2022: a record year - Press releases - The French Banking Federation (FBF)<\/title>\n<meta name=\"description\" content=\"In 2022, French banks saw a record year for hiring: 48,900 new hires, i.e. a 21% increase year on year. At end-2022, the sector had 349,100 employees (of which 181,900 in the AFB branch), accounting for nearly 1.7% of private-sector salaried employment in France. This hiring momentum was also reflected in the number of work-study participants, totalling 18,400 in 2022, of which 14,500 were new. This represents a sharp increase from the previous year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nearly 50,000 banking hires in 2022: a record year - Press releases - The French Banking Federation (FBF)\" \/>\n<meta property=\"og:description\" content=\"In 2022, French banks saw a record year for hiring: 48,900 new hires, i.e. a 21% increase year on year. At end-2022, the sector had 349,100 employees (of which 181,900 in the AFB branch), accounting for nearly 1.7% of private-sector salaried employment in France. This hiring momentum was also reflected in the number of work-study participants, totalling 18,400 in 2022, of which 14,500 were new. 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At end-2022, the sector had 349,100 employees (of which 181,900 in the AFB branch), accounting for nearly 1.7% of private-sector salaried employment in France. This hiring momentum was also reflected in the number of work-study participants, totalling 18,400 in 2022, of which 14,500 were new. This represents a sharp increase from the previous year.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/","og_locale":"en_US","og_type":"article","og_title":"Nearly 50,000 banking hires in 2022: a record year - Press releases - The French Banking Federation (FBF)","og_description":"In 2022, French banks saw a record year for hiring: 48,900 new hires, i.e. a 21% increase year on year. 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This represents a sharp increase from the previous year.","og_url":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/","og_site_name":"The French Banking Federation","article_published_time":"2023-07-11T14:32:00+00:00","article_modified_time":"2023-09-22T14:17:21+00:00","og_image":[{"width":500,"height":383,"url":"https:\/\/fbf.fr\/uploads\/2023\/07\/GettyImages-1346125184-1.jpg","type":"image\/jpeg"}],"author":"abrienne","twitter_card":"summary_large_image","twitter_misc":{"Written by":"abrienne","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/#article","isPartOf":{"@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/"},"author":{"name":"abrienne","@id":"https:\/\/fbf.fr\/en\/#\/schema\/person\/7a0eaa7cb55394ac1162659cb9e30fe8"},"headline":"Nearly 50,000 banking hires in 2022: a record year","datePublished":"2023-07-11T14:32:00+00:00","dateModified":"2023-09-22T14:17:21+00:00","mainEntityOfPage":{"@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/"},"wordCount":551,"publisher":{"@id":"https:\/\/fbf.fr\/en\/#organization"},"image":{"@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/#primaryimage"},"thumbnailUrl":"https:\/\/fbf.fr\/uploads\/2023\/07\/GettyImages-1346125184-1.jpg","keywords":["Employment and Inclusion","French Banking Industry"],"articleSection":["Employment","Employment and Inclusion","French Banking Industry","Key facts and figures","Keywords","Newsroom","Overview","Press releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/","url":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/","name":"Nearly 50,000 banking hires in 2022: a record year - Press releases - The French Banking Federation (FBF)","isPartOf":{"@id":"https:\/\/fbf.fr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/#primaryimage"},"image":{"@id":"https:\/\/fbf.fr\/en\/nearly-50000-banking-hires-in-2022-a-record-year\/#primaryimage"},"thumbnailUrl":"https:\/\/fbf.fr\/uploads\/2023\/07\/GettyImages-1346125184-1.jpg","datePublished":"2023-07-11T14:32:00+00:00","dateModified":"2023-09-22T14:17:21+00:00","description":"In 2022, French banks saw a record year for hiring: 48,900 new hires, i.e. a 21% increase year on year. 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