The Bank of Spain has enlisted Deloitte, one of the ‘big four’ advisory firms, to assist in implementing a key strategic pillar of its roadmap leading up to 2030: the attraction and retention of talent. This public contract, which exceeds 420,000 euros, obligates Deloitte to design new human resources policies aimed at fostering employee training, career development, and mobility within the organization over a period of nine months.

This initiative is part of the Bank's Strategic Plan 2030, which follows a previous plan executed between 2020 and 2024. The current strategy aims to enhance the organization's connection with citizens, focusing on modernizing its human resources approach to attract more skilled individuals. The project underscores the importance of integrating advanced HR practices in public institutions to adapt to the evolving workforce requirements.

By bringing in Deloitte, the Bank of Spain indicates a shift towards more innovative and effective workforce management strategies. The collaboration is expected to lead to improved employee satisfaction and retention rates, which are crucial for the institution's capacity to meet its objectives in the coming years. The emphasis on training and development is aligned with broader trends across various sectors aimed at continuous learning and adaptability in a fast-changing economic landscape.