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Besides trying to figure out how to keep health insurance affordable, bankers are wrestling with a slew of other challenges, including recruitment, leadership development and employee engagement.
October 26 -
Some banks are coming up with creative strategies for dealing with the rising cost of health care, from on-site clinics to full-time wellness coordinators. They also are softening the blow of high-deductible plans by phasing them in and contributing to employees' Health Savings Accounts.
October 26 -
Avenue Bank's Ron Samuels says sports teach young people to work toward goals and manage their emotions traits he likes to see in employees.
October 26 -
American Banker's inaugural ranking of the banks, large and small, who are earning praise from workers on benefits, opportunities and yes, the fun factor.
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here for our full special report with rankings, slideshows, relevant articles and more.October 28 -
First Horizon's Employee Leadership Program, championed by CEO Bryan Jordan, has been described as "life changing" by some of its graduates. It also has helped solidify First Horizon's status as one of the banking industry's most employee-friendly companies. On our list of Best Banks to Work For this year, it ranks as No. 1 among those with more than $10 billion of assets.
October 26
This is American Banker's second annual ranking of the Best Banks to Work For. You can see the inaugural 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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