Asset and wealth management firms still lean too heavily on compensation as a motivator for employees. This well researched McKinsey & Company study continues a trend of urging managers to focus on values and relationships to drive retention. This will only be more difficult in the emerging world of hybrid work environments. Excellent research and data from Aaron De Smet, Bonnie Dowling, Marino Mugayar-Baldocchi, and Bill Schaninger.

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