---
title: 4 Strategies to Navigate Banking’s Talent Shortage | Baker Hill
description: Bryan Peckinpaugh Recent years have seen a wave of pandemic-induced early retirements and a national game of house-swapping as remote work encouraged people to move farther away from physical offices. Many companies are struggling to rebuild teams; this includes financial institutions that need to replace employees with decades of specialized…
---

[News | Baker Hill ](https://bakerhill.com/news)

# [4 Strategies to Navigate Banking’s Talent Shortage | Baker Hill](https://bakerhill.com/news/4-strategies-to-navigate-talent/)

 Written by [Baker Hill](https://bakerhill.com/news/author/baker-hill) | Oct 4, 2023 4:00:00 AM

**Bryan Peckinpaugh **

Recent years have seen a wave of pandemic-induced early retirements and a national game of house-swapping as remote work encouraged people to move farther away from physical offices.

Many companies are struggling to rebuild teams; this includes financial institutions that need to replace employees with decades of specialized expertise. In [BAI’s Banking Outlook 2023](https://www.bai.org/research-and-benchmarking/the-top-banking-trends-and-challenges-for-2023-infographic/) survey, financial institutions named attracting and retaining talent a top business concern. Nowhere is this complex challenge starker than in the primary revenue center for banks: the lending department. This article will explore ways your lending team can navigate banking’s talent shortage.

[Read More](https://www.bankdirector.com/committees/compensation/4-strategies-to-navigate-bankings-talent-shortage/)

[View full post](https://bakerhill.com/news/4-strategies-to-navigate-talent/)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Baker Hill"
  },
  "dateModified" : "2026-03-11T13:33:44.240Z",
  "datePublished" : "2023-10-04T04:00:00Z",
  "headline" : "4 Strategies to Navigate Banking’s Talent Shortage",
  "image" : {
    "@type" : "ImageObject",
    "height" : 280,
    "url" : "https://50597533.fs1.hubspotusercontent-na1.net/hubfs/50597533/Baker_Hill_2026_Website/images/bh_2_0_resource_placeholder_1.webp",
    "width" : 552
  },
  "mainEntityOfPage" : "https://bakerhill.com/news/4-strategies-to-navigate-talent/",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Company News"
  }
}
```