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The Influence of Dodd-Frank Legislat...
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ProQuest Information and Learning Co.
The Influence of Dodd-Frank Legislation upon Employment and Retention : = A Phenomenological Study.
Record Type:
Language materials, manuscript : Monograph/item
Title/Author:
The Influence of Dodd-Frank Legislation upon Employment and Retention :/
Reminder of title:
A Phenomenological Study.
Author:
Capebianco, Joseph Victor.
Description:
1 online resource (158 pages)
Notes:
Source: Dissertation Abstracts International, Volume: 79-09(E), Section: A.
Contained By:
Dissertation Abstracts International79-09A(E).
Subject:
Finance. -
Online resource:
click for full text (PQDT)
ISBN:
9780355906424
The Influence of Dodd-Frank Legislation upon Employment and Retention : = A Phenomenological Study.
Capebianco, Joseph Victor.
The Influence of Dodd-Frank Legislation upon Employment and Retention :
A Phenomenological Study. - 1 online resource (158 pages)
Source: Dissertation Abstracts International, Volume: 79-09(E), Section: A.
Thesis (Ph.D.)--Northcentral University, 2018.
Includes bibliographical references
With the financial meltdown of 2008 in the housing and consumer finance sector, American financial services lenders and their incentivized employees have experienced a dramatic evolution in the mortgage lending industry. The implementation of the watershed legislation known as the 2010 Dodd-Frank Wall Street Reform Act introduced significant regulatory pressure, compensation limitations, and lending restrictions upon financial institutions and their employees alike. With an industry already suffering from high attrition rates, the problem addressed is how to retain incentivized employees in the financial services sector. The purpose of the study was reflected in a qualitative research method known as an interpretative phenomenological study in an attempt to explore the influence that the 2010 Dodd-Frank rules have had on the career retention and employment of financial services sector employees with regard to compensation limitations. The purposeful sample of 10 mortgage loan officers examined the perceived lived experiences and their interaction with the rules of the 2010 Dodd-Frank Act and the influence it may exert on their continued future employment in mortgage lending. The findings validated the relevance of the compensation limitations of the 2010 Dodd-Frank Act and the overall effect and influence it has had on the motivation of mortgage loan officers. Understanding the implications of the study included opportunities for financial institutions to demonstrate commitment within the organization's culture coupled with new compensation models and enhanced managerial support.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018
Mode of access: World Wide Web
ISBN: 9780355906424Subjects--Topical Terms:
559073
Finance.
Index Terms--Genre/Form:
554714
Electronic books.
The Influence of Dodd-Frank Legislation upon Employment and Retention : = A Phenomenological Study.
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Source: Dissertation Abstracts International, Volume: 79-09(E), Section: A.
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With the financial meltdown of 2008 in the housing and consumer finance sector, American financial services lenders and their incentivized employees have experienced a dramatic evolution in the mortgage lending industry. The implementation of the watershed legislation known as the 2010 Dodd-Frank Wall Street Reform Act introduced significant regulatory pressure, compensation limitations, and lending restrictions upon financial institutions and their employees alike. With an industry already suffering from high attrition rates, the problem addressed is how to retain incentivized employees in the financial services sector. The purpose of the study was reflected in a qualitative research method known as an interpretative phenomenological study in an attempt to explore the influence that the 2010 Dodd-Frank rules have had on the career retention and employment of financial services sector employees with regard to compensation limitations. The purposeful sample of 10 mortgage loan officers examined the perceived lived experiences and their interaction with the rules of the 2010 Dodd-Frank Act and the influence it may exert on their continued future employment in mortgage lending. The findings validated the relevance of the compensation limitations of the 2010 Dodd-Frank Act and the overall effect and influence it has had on the motivation of mortgage loan officers. Understanding the implications of the study included opportunities for financial institutions to demonstrate commitment within the organization's culture coupled with new compensation models and enhanced managerial support.
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click for full text (PQDT)
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