{"id":4741,"date":"2025-07-18T09:40:36","date_gmt":"2025-07-18T07:40:36","guid":{"rendered":"https:\/\/www.fbf.fr\/en\/?p=4741"},"modified":"2025-07-22T15:25:04","modified_gmt":"2025-07-22T13:25:04","slug":"key-characteristics-of-employment-in-banking-stable-highly-skilleddiverse-and-inclusive-strengthened-in-2024","status":"publish","type":"post","link":"https:\/\/fbf.fr\/en\/key-characteristics-of-employment-in-banking-stable-highly-skilleddiverse-and-inclusive-strengthened-in-2024\/","title":{"rendered":"Key characteristics of employment in banking \u2013 stable, highly skilled,diverse and inclusive &#8211; strengthened in 2024"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In 2024, French banks continued to recruit massively, with 38,600 new hires, while observing a decline in the number of departures (-6%). The number of work-study trainees continued to grow, with 19,800 at end-2024 (+0.5%).<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>With 373,600 employees (Permanent + fixed-term + work-study employees<\/strong>)<strong>, including 190,100 for AFB banks, the banking sector recorded a moderate decline in its workforce of -0.7%, after experiencing an increase in 2023. It accounts for nearly 1.7% of private salaried employment in France and reinforces its hallmarks of filling long-term, highly qualified, mixed and inclusive jobs.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A dynamic sector and permanent jobs<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">With <strong>373,600 employees<\/strong> at end-2024 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\">In 2024, French banks hired <strong>38,600 employees<\/strong>, <strong>18,600 of which were in AFB banks<\/strong>. Of these 18,600, 14,200 are permanent hires, i.e. more than <strong>76% of recruitments <\/strong>(vs 66% in 2017 and a national average of 16%). Permanent contracts account for over <strong>98% <\/strong>of jobs in the sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Turnover fell further in 2024 (8.4%) compared with 2023, still well below the national level (21%).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Skilled, diverse, and gender-balanced jobs across France<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">With <strong>women making up nearly 57% <\/strong>of its workforce, banking is a sector that promotes parity: women account for 49.5% of new hires, with one in two is hired at managerial level. <strong>50.5% of managers are women<\/strong>, up slightly compared with 2023 and up 2.2 points since 2018. Women account for <strong>59.2% of promotions<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is also a sector with qualified jobs (<strong>managers make up 73% <\/strong>of the workforce, +18.1 points since 2012) and open to different degree levels. Permanent hires have anywhere from <strong>4-5 years of higher education or more (54%) to 2-3 years of higher education (36%) to less than 2 years of higher education (10%)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Customer relations business lines <\/strong>account for nearly <strong>56% <\/strong>(+2 points) of permanent contract hires, reflecting the banks\u2019 growth momentum. 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. Banks are maintaining their profile as high-tech companies, with a high proportion of recruitments in the IT sector (12.9%). Recruitments in compliance and risk remained stable at 8.8%, while those in the back office (3.9%) saw a slight decrease (-0.6 points).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A responsible and engaged sector<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In 2024, French banks further increased their number of apprentices, rising from 19,700 to 19,800, while maintaining a 38% conversion rate within the host company. The integration rate of work-study participants in the banking sector is 85% (including continuing apprenticeship studies).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the AFB branch alone, there are <strong>10,800 work-study participants <\/strong>(vs <strong>10,400 work-study participants in 2023<\/strong>), as well as <strong>6,800 young people working as interns <\/strong>and <strong>490 young people <\/strong>participating in the <strong>Volontariat International en entreprise <\/strong>(international volunteering in company) program. At the same time, nearly one in two recruits are under the age of 30, underlining the desire of banks to offer dynamic and varied career paths. The promotion rate therefore remains high at 8.3%, particularly among non-managers at 13.3%.<\/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, helped to gradually increase the retirement age, which was <strong>62.9 years <\/strong>in 2024 (+2 points since 2014). The proportion of new hires aged 50 and over accounted for 6.6% of new hires, up 2.2 points compared with 2018.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Maya Atig, Chief Executive Officer of the AFB and the FBF, comments: <em>\u201cIn 2024, banks maintained active recruitment policies while maintaining high-quality and high-level job standards, ensuring parity and offering promotional career paths. As major players in training and integration, banks have devoted 4.3% of their payroll to training their employees, i.e. more than six million hours, representing 34 hours of training per year and per employee, not to mention their 198,00 work-study trainees, more than one in four of whom come from priority neighbourhoods in the city. These figures demonstrate the extent to which banks across the country are actively involved in integration and development.\u201d<\/em><\/p>\n\n\n<div class=\"postAttachment\"><div class=\"postAttachment__wrapper\"><div class=\"postAttachment__info\"><p class=\"postAttachment__name\">Chiffres cl\u00e9s et \u00e9volution de l&#039;emploi dans la banque en 2024<\/p><p class=\"postAttachment__fileSize\">224.2 KB<\/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;Chiffres cl\u00e9s et \u00e9volution de l\\u0027emploi dans la banque en 2024&quot;}\" data-wp-on--click=\"actions.push\" data-eventcategory=\"file\" data-eventaction=\"download\" data-eventlabel=\"Chiffres cl\u00e9s et \u00e9volution de l&#039;emploi dans la banque en 2024\" href=\"https:\/\/fbf.fr\/uploads\/2025\/07\/Chiffres-cles-et-evolution-emploi-2024-2.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"postActions__label\">Download Chiffres cl\u00e9s et \u00e9volution de l&#039;emploi dans la banque en 2024<\/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 class=\"author__wrapper\"><img decoding=\"async\" class=\"author__portrait\" src=\"https:\/\/fbf.fr\/uploads\/2024\/01\/clara-delmote.jpg\" alt=\"\"><p class=\"author__name\">Clara DELMOTE<\/p><p class=\"author__contact\">cdelmote@fbf.fr<\/p><p class=\"author__contact\">+33 (0)6.31.06.60.39<\/p><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>In 2024, French banks continued to recruit massively, with 38,600 new hires, while observing a decline in the number of departures (-6%). The number of work-study trainees continued to grow, with 19,800 at end-2024 (+0.5%). With 373,600 employees (Permanent + fixed-term + work-study employees), including 190,100 for AFB banks, the banking sector recorded a moderate [&hellip;]<\/p>\n","protected":false},"author":72,"featured_media":4747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","views":5313,"viewed_at":"1778451851"},"categories":[689,608,595,618,685,4,13,5],"tags":[643,224],"class_list":["post-4741","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>Key characteristics of employment in banking \u2013 stable, highly skilled,diverse and inclusive - strengthened in 2024 - Press releases - The French Banking Federation (FBF)<\/title>\n<meta name=\"description\" content=\"In 2024, French banks continued to recruit massively, while observing a decline in the number of departures. 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