JPMorgan says labor need demands peculiar hiring
Key takeaways:
- During CNBC's Equity and Opportunity forum Thursday, the bank has engaged thousands of people with criminal records and hundreds of individuals with autism or other conditions, told Brian Lamb, JPMorgan's global head of diversity, equity, and inclusion.
- "There's a labor shortage; I think we're all undergoing that globally," Lamb stated. "It's going to need strange approaches" to hiring.
- He said that the bank had 271,025 workers as of 2021, eliminating criminal record queries from initial job applications.
JPMorgan Chase says that firms can deal with international labor deficiencies in part by wiping the neurodiverse and people with criminal backgrounds.
The New York-based bank has employed thousands of people with criminal histories and hundreds of people with autism or other conditions. Brian Lamb, JPMorgan's global leader of diversity, equity, and inclusion, stated Thursday during CNBC's Equity and Opportunity forum.
"There's a labor shortage; I think we're all undergoing that globally," Lamb informed CNBC's, Sharon Epperson. "It's going to need uncommon approaches" to employ, he said.
Individuals with criminal backgrounds can meet obstacles to employment, stated Lamb. He said that the bank, which had 271,025 workers as of year-end 2021, has stopped questions regarding criminal records from initial job applications.
The bank has also partnered with exterior partners with resume and career coaching assistance.
"We're engaging thousands of people with criminal backgrounds into the workplace at our company," Lamb said. "That is another typical instance of what we're doing to make progress around tapping into the talent pools that have historically been left-back."
According to Lamb, JPMorgan has also set a pipeline for nominees with disabilities, including autism, in nine nations.
"These members help us determine, select and evaluate talent that we can drive into these programs, hundreds of people that we think can go into over 40 roles across JPMorgan Chase," he stated.