Lena Coates

Ms Lena Coates, Privacy Co-ordinator, Financial Recruitment Group, Level Three, 50 Market Street, MelbournePhone: 03 9614 7822Email: frgroup@thramer.com.au
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Ms Lena CoatesPrivacy Co-ordinatorFinancial Recruitment GroupLevel Three, 50 Market Street
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Ms Lena CoatesPrivacy Co-ordinatorFinancial Recruitment GroupLevel Three, 50 Market Street
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If you wish to exercise your rights of access and correction you should contact Lena Coates, Privacy Co-ordinator, whose details are shown above.

Last year they thought this would hinder them if they wanted to move companies; this year it gives them peace of mind," Financial Recruitment Group national manager of recruitment and consulting Lena Coates says.

"When speaking to different managers, some were quite open about feeling that the redundancies were very short-sighted, as they know when markets pick up again that they will be short staffed and perhaps will be trying to catch up with other competitors who may have kept some of the more experienced staff."

Managers surveyed say they remember very clearly how difficult and time consuming it was for them to recruit these people in the first place only 12 to 18 months ago, Coates says.
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During discussions with a wide range of funds management companies, advice businesses and larger financial services groups, it is obvious all businesses are currently very focused on belt tightening around all aspects of the balance sheet - with headcount being one of the most expensive items and one of the first areas that is looked at and cut, Coates says.
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Coates says the survey found that after years of positive growth, the businesses that will survive in the current global financial conditions are those able to diversify their revenue streams across risk, mortgage broking and financial planning.

Lena Coates National Manager, Research & Consulting

Lena has been with Financial Recruitment Group since 1995. Lena is responsible nationally for the research, and heads up the teams in both Melbourne and Sydney. Lena's extensive experience covers conducting specialist assignments at senior level recruitmentment. Lena has placed a cross-section of financial service professionals within the financial services industry on a national basis. Since joing Financial Recruitment Group, Lena has developed and grown her extensive industry networks and contacts, and has a solid reputation in the recruitment industry for delivering high quality solutions to her financial services clients.

Lena holds a Diploma of Business Administration. As part of continuing professional development, Lena is also a member of AHRI and the RCSA, and attends selected education and networking forums.