BofA Redeploying Investment Bankers Across the Franchise: CEO
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Business, Life Skills
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What phrase has the company used for many years to describe their approach to workforce management?
Attrition is a challenge
Attrition is our friend
Attrition is inevitable
Attrition is costly
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the turnover rate change during the pandemic?
It remained stable
It increased significantly
It fluctuated unpredictably
It dropped to a low level
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current state of the turnover rate according to the transcript?
Low double digits
High double digits
High single digits
Mid single digits
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy did the company employ to manage headcount effectively?
Employee layoffs
Outsourcing jobs
Redeployment of employees
Increased hiring
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What action did the company take last fall to control workforce size?
Increased salaries
Expanded operations
Stopped hiring
Offered early retirement
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