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Some might question the payoff for lavish parties, fitness centers and even career-development programs. But a growing body of academic evidence suggests that there is a link between employee happiness and bottom-line results.
August 25 -
If you want your bank to be one of the best to work for, you can pick up a lot of pointers from those in our third annual ranking.
August 26
Location: Machias, Maine
Assets: $1.1 billion
Employees: 236
President and CEO: Larry Barker
Popular with employees: Winters in Maine can be brutal, so Machias Savings has a "Spring Fever Week" to help employees get through the end-of-winter slump with some fun. The week includes dress-down days, group photo contests and prizes.
Employee recognition/appreciation program: Each week the CEO recognizes an employee for demonstrating exceptional customer service. A monthly winner chosen from that group receives $500.
Activity to relieve stress/promote fun: The thrift sponsors trips to concerts, complete with private tent, an open bar and catered food, and employees can take a guest. Past concerts include Toby Keith and Lady Antebellum.