Labour, consumption and social welfare
15 Jan 2020
This year marks the 50th anniversary of the World Economic Forum, popularly known as the Davos Forum. The event kicks off on January 21 in the Swiss district of Davos-Klosters. For half a century, this forum has brought together politicians, businesspeople, and representatives from social and cultural organizations in order to find solutions for the world’s problems. 2020 sees the launch of a new ‘Davos Manifesto’ with the single objective of building a more sustainable, inclusive world.
22 Jan 2019
The U.S. total fertility rate continues its downward trend, falling to its lowest point in 48 years at 1.77, according to a white paper published by BBVA Research this week. The report goes on to identify both the cause and the impact of this drop.
06 Sep 2018
Labour’s share of national income has dropped in most of the developed countries and emerging economies in the past few decades. This trend is not common across industries: the share of income accounted for by wages has seen an increase in the service industry, while it has recorded a fall in the other industries.
09 Mar 2018
Natalia Romero of BBVA Francés knows that behind every loan application is a family’s dreams and the opportunity to make them come true.
08 Mar 2018
Across BBVA design thinking is now firmly entrenched into the core of the bank and is seen throughout the way it operates and does business.
02 Mar 2018
Fair-trade coffee, quality guarantee, ecological tomatoes… consumers read the labels on the things they eat. But is there any way of checking that what they say is correct? In order to do so, you would need a register of the processes to which the product has been submitted, something blockchain can do.
27 Feb 2018
LinkedIn is the most used professional network in the world. It currently has more than 500 users, of which 106 million are active monthly users. It can therefore be difficult to stand out from the large number of professionals out there. Like any social network there are some things you should know to get the best out of it.
05 Feb 2018
BBVA’s new people management model aims to turn employees into the stars of their own professional careers, helping them take over the roles and functions they are best suited to within the organization, while offering them the tools they need to grow and develop professionally.
29 Jan 2018
Your ability to build strong relationships with colleagues is critical to the success of your career. It opens doors to key projects, personal development, mentoring opportunities and promotion.
11 Jan 2018
BBVA presents Baby Planner, a new functionality within BBVA’s app and website that allows customers and non-customers to understand the expenses associated with having a baby. The monetary expenditure for families with a child under three is 10% higher than for those without, as concluded by estimates from BBVA Research after factoring in other differences between households. This added functionality serves to give new parents the information they need to plan their finances. BBVA Baby Planner also provides the economic effects associated with maternity and paternity-leave and other schemes to offer “work-baby balance.”
28 Dec 2017
Sustainable Development is essential to achieving more peaceful and just societies and the United Nations counts on the private sector to help in this effort. The BBVA Microfinance Foundation (BBVAMF) has contributed its experience in the finance sector to the report entitled “Business and SDG 16: contributing to peaceful, just and inclusive societies,” drawn up by the Sustainable Development Goals Fund and the University of Pennsylvania.
04 Dec 2017
All organizations operate at what is known as the edge of chaos. It is a transition space between order and disorder, a region of bounded instability, where forces both progressive and conservative battle for control. A manager may have a three-year strategy, and the protocol, teams and departments in place to deliver it, but realizing that strategy means contending with countless disruptive events; a new competitor entering the market, a shift in consumer behavior – even, perhaps, the manager’s own desire to retire to a quiet village on the countryside.
29 Nov 2017
Whether it was an image of a dog, a grumpy cat, a disguised hyperlink to Rick Astley, or an illustrated stickman called Bill, you’ve probably seen – and maybe even shared – a meme in the past 24 hours.
24 Nov 2017
The European Investment Bank (EIB) and BBVA have joined forces to help provide Spanish SMEs the funding they need to implement their digitization and innovation strategies. EIB Vice President Román Escolano, and the Head of BBVA Spain, Cristina de Parias, signed an agreement today in Madrid through which the EIB will provide BBVA €150 million to finance SME investment projects related to innovation and digitization. BBVA will provide an additional €150 million of its own resources to fund this new line of credit.
25 Oct 2017
The BBVA Group recently held a new edition of Live@BBVA, an in-company event that focused on new business models and support for the innovation ecosystem.
20 Oct 2017
The objective is not an easy one to achieve: making sure that the products that reach the market are the ones customers need and demand. The task is even more complicated if production must be speeded up, in order to reach the market before the competition. Tech companies were pioneers in facing this challenge; they did so by using agile methods, a way of working that has played a key role in the success of companies like Google and Spotify, and which BBVA has made a fundamental tool in accelerating its digital transformation.
19 Oct 2017
BBVA is the Spanish bank with the greatest capacity to attract and retain talent, according to the results of the 12th edition of the Merco Talento study. The 2017 ranking, which is led by clothing retailer Inditex, lists the 100 best companies to work for in Spain.
18 Oct 2017
At 35 years of age, with a world cup under his belt, Cristian Zaccardo can brag about becoming an unusual pioneer in the world of soccer. After terminating his contract with Vicenza, the Italian center back found a new destination thanks to the professional social network. He will now be defending the colors of Malta’s Hamrun Spartans.
10 Oct 2017
The development of new technologies as a means to alleviate workloads is part of the day to day running of businesses. Increasingly, robots, artificial intelligence, and computer algorithms are taking over humans in the execution of mechanical tasks. However, many theoreticians are wary of the consequences this development will bring upon the workplace. Darrel M. West discusses the impact of these emerging technologies on society in the book ‘The Next Step. Exponential Life’, which can be downloaded for free from the BBVA OpenMind project website.
22 Sep 2017
BBVA Global Head of Talent and Culture Ricardo Forcano told the young people attending the jobs forum organized by the newspaper El País that the world in which we are going to live in the coming decades will be one of constant and rapid change, which will radically transform the labor market. The Head of Talent and Culture at BBVA recommended that young people seeking employment cultivate their curiosity, empathy and integrity.
01 Sep 2017
When a storm of controversy erupted in Spain about the alleged mistreatment of interns in Michelin-starred restaurants, there were some surprised faces in the world of haute cuisine. It is true that in this sector, which has been so fashionable for a number of years, there are still those who are in favor of a training system of the “no pain, no gain” type; but these implacable instructors coexist side by side with maestros who, like the Roca brothers, have for a number of years been committed to a humanist revolution in the kitchens.
27 Jul 2017
If you ask scientists in the field of artificial intelligence when they expect fiction to become reality and robots’ intelligence to exceed that of humans, they would likely say it’s right around the corner, sometime between 2030 and 2050.
06 May 2017
International Red Cross Day is celebrated each year on May 8 to commemorate the birth of the organization’s founder, Henry Dunant. After witnessing war first-hand, the Geneva businessman wrote a book that inadvertently gave rise the the largest humanitarian aid society in history.
26 Apr 2017
Women still have a long way to go in Latin America and data is the key to driving social policies than will put an end to inequality. This was the principal conclusion reached by the Fundación Microfinanzas BBVA, (Microfinance Foundation BBVA) during its participation in CSW61, the largest United Nations meeting on gender inequality and the empowerment of women.
03 Apr 2017
The submission period for the sixth edition of BBVA Momentum, BBVA’s social entrepreneurship program, expired last Friday, March 31st. The number of companies that have registered has exceeded all expectations. Given this great response, the organizers have decided to push back deadline until April 16.
08 Mar 2017
BBVA celebrates International Working Women’s Day with further progress as regards work/life balance, entrepreneurship and professional promotion. This is the right time to look back on one year of initiatives that promote female talent and try to mitigate the social injustices that affect women.
22 Feb 2017
The Integra Awards aim to recognize innovative initiatives that create quality jobs for people with disabilities in Spain. This initiative is part of BBVA’s Integra Plan, which stems from its conviction that employment is essential for promoting equal opportunities for everyone.
10 Feb 2017
Fundación Másfamilia has honored a group of companies, including BBVA, for their commitment to the work/life balance of their employees and for their efforts in terms of equality and diversity.
03 Feb 2017
The U.K. is convinced that London will continue to be Europe’s fintech capital and a global financial center after Brexit. But other European capitals are hoping to take its place. It will all depend on the long negotiation about to begin between the EU and the U.K.
09 Jan 2017
Big data, virtual reality, social networks… The dizzying changes that technology is bringing about in society are reflected in the world of work, where new jobs and responsibilities are being created. This is a short guide that will help explain to your parents what your work consists of, or will help you understand what your children are doing.
12 Dec 2016
Managing processes and people can be one of the most challenging tasks for any organization. It requires not only making the most out of the available resources, but also optimizing time, coordinating the team, defining action protocols and assigning tasks. And when all this has to be carried out in the context of challenging projects developed in dynamic environments, the most common option is to resort to the so-called scrum methodology. So, what qualities do the people leading these work groups have to bring to the team?
24 Nov 2016
The day after Thanksgiving, or the last Friday of November, is celebrated nearly all over the world as Black Friday, the day that marks the first day of Christmas shopping. Over the years, with the arrival of new technologies, sales have been extended to Monday, known as Cyber Monday when discounts are offered for online shoppers.
22 Nov 2016
Around 300 female managers participated in Encuentro Promociona which was held at Ciudad BBVA. This event, chaired by Her Majesty Queen Letizia, is part of the Promociona Program designed to promote women’s access to senior management positions and boards of directors of companies.
03 Nov 2016
17 Oct 2016
No one is poor, even though 836 million people are extremely poor, and are sick from poverty, hungry from poverty, unequal from poverty and silenced by poverty, according to the United Nations Development Programme (UNDP).
13 Oct 2016
Over the past five years, media hype over these concepts has led to the success of numerous projects… but also completely the opposite. Knowing how to distinguish the financial terms is a good idea to access financing with the minimum security necessary to be an entrepreneur.
11 Oct 2016
BBVA has made further progress in driving the employability and labor integration of those experiencing social exclusion, via a corporate volunteering initiative. The bank has signed a partnership agreement with Compromiso Integra, a network of companies and entities committed to supporting socially responsible employment that is run by Integra Foundation.
06 Oct 2016
Mario Alexander Acuña of BBVA Colombia likes to keep things simple, so much so that he made a series of recommendations to improve the Risk Committee. Little did he know that he would be put in charge of leading a key digitization process.
03 Oct 2016
A few days ago, Junior Achievement Europe and VISA published an interesting report on the financial skills and abilities young people should possess in today’s world, “a world of virtual currency and financial complexity”. Vienna University of Economics & Business collaborated in the study that interviewed 445 executives in 39 countries.
29 Sep 2016
Fundamental transformations are underway in the banking and financial industries as a result of the unstoppable technological innovation they face. Demand for digital products and services is on the rise and consumers are adopting them, with greater and greater ease. This significant change in customer habits and in the use of business channels has numerous implications for banks, especially regarding the need to attract people with strong technical skills.
08 Sep 2016
Alarming numbers of both men and women of prime working age (25-54 years old) have been exiting the labor force. There were 4.3 million more prime-age working people who opted out of the workforce in 2016 compared to 2000. The number of males age 25-54 not in the labor force has been increasing since the late 1970s, but the same couldn’t be said of females until 2000. What is behind this historic break in the female labor force trend? To properly analyze the female labor force, it needs to be separated into different cohorts — married vs. unmarried, with children vs. without — since each of these groups exhibits different employment patterns and wage change.
31 Aug 2016
The data generated by the endless amount of operations we engage in every day: transactions, medical inquiries, online publications… have paved the way for the ascent of the data analyst profile. A professional whose work is shrouded in myth and mystery.
30 Aug 2016
29 Aug 2016
The concept of teamwork is so ingrained in companies and organizations that practically no one dares to question it. Milovan Dragañac [BBVA Peru] thinks there is a better way.
12 Aug 2016
Retirement remains an area that Spain needs to improve on. In Spain, only two out of every ten residents are saving for their retirement. In this context, it is necessary to raise awareness about planning your financial future. To this end, the BBVA Pensions Institute has carried out several initiatives in collaboration with the European Financial Planning Association (EFPA).
05 Jul 2016
17 Jun 2016
Saul Rodríguez works in Global Corporate Communication and is very aware of social media’s power, not only to divulge information and create communities, but also to make people smile. We asked him to tell us about his projects, which he of course did in a social media format.
03 Jun 2016
The trade finance or foreign trade activity accompanies people and businesses in their activity importing/exporting goods and services, mitigating the risks that exist in international commercial relations and simplifying the settlement of operations. The same commercial transaction can require different solutions over time, depending on the moment at which it takes place and the role of the parties involved (importer or exporter).
01 Jun 2016
The typical job for recent graduates as they land for the first time in a top investment bank usually includes 90 hour long weeks working with spreadsheets and presentations. However, many junior bankers see Wall Street and its exhausting work rate as a necessary step to a more gratifying and less stressful position. Young professionals feel increasingly attracted by other sectors, such as technology or private equity firms and banks, and banks are being required to double their efforts to retain talent.