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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
This is American Banker's third annual ranking of the Best Banks to Work For. You can see the 2014 ranking
The analysis is performed with the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.
Companies must opt in to be considered; there is no fee to participate. To be eligible, applicants must be commercial or retail banks, or the commercial or retail banking units of diversified financial services companies. They also must have at least 50 employees working in the United States.
The employer questionnaire captures information about workplace policies and practices. The employee survey, typically conducted online, consists of approximately 80 statements that employees respond to on a 5-point agreement scale. The survey also includes two open-ended questions and seven demographic questions.
For companies with fewer than 200 employees, all employees are surveyed. At larger companies, Best Companies Group randomly selects between 250 and 400 employees to participate, depending on the company's size. In both cases, the targeted response rate is 65 percent or more, although companies with lower response rates may still be considered.
Both data sets are analyzed to determine the ranking. Some applicants may not rate high enough to qualify for the ranking. An Employee Feedback Report is available for purchase by participating banks.
For information on applying to next year's ranking of American Banker's Best Banks to Work For, please visit
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