Management would have to tackle not only entry level employees but also senior level transition. Employees must be willing to relocate globally. Banks have to be prepared for lateral recruitment not only at entry level but all levels. A market related compensation, for which there will be increasing clamour, is not sustainable if unaccompanied by market related recruitment and promotion.
Even senior management and executives could potentially be hired from the market. This will entail greater transparency in performance appraisal thus necessitating defining of job roles, identifying skill requirement for a job and developing the skill or hiring someone with that skill.