American Banker has recently announced its 85 “Best Banks to Work For” which includes four WBA members.
American Banker has asked the banks’ executives to share how they’ve managed to keep employees engaged and motivated while operating during a pandemic. Many of the participants noted that their approach has been to communicate often, keep an open dialogue, offer reassurance, and celebrate when possible.
This marks the eighth year that American Banker has put together their list of the 85 Best Banks to Work For. We’ve included insight from the list’s WBA members to highlight the ways they’ve handled managing in a crisis.
Forward Bank, Marshfield – #27
CEO Bill Sennholz
“Any crisis can throw off work-life balance for our team. It can drastically shift focus to changing needs at home or take them away from their families more. We’ve focused on celebration and support during difficult times.”
Bank Five Nine, Oconomowoc - #38
President and CEO Mark Mohr
With the pandemic changing the way that many organizations celebrate, Bank Five Nine took a different approach to celebrating Random Act of Kindness Month in April.
This year they wanted to support healthcare workers and local restaurants. They spent $20,000 with 18 business clients, who prepped and delivered meals to 1,400 healthcare workers across 14 local medical facilities and hospitals. Bank Five Nine continues to support restaurants impacted by the pandemic by purchasing food from three local vendors for its on-site staff.
Peoples State Bank, Wausau - #55
President and CEO Scott Cattanach
“We found that showing employees they are valued, appreciated and connected during a crisis has a huge impact on their mental health.”
Bank First, Manitowoc - #69
CEO Mike Molepske
“As a result of COVID-19, we provided extra assistance to employees who were adversely impacted by childcare, financial and work-life balance issues.”
For the full list of winners and their tips on how they’ve managed to keep employees engaged and motivated while operating during a pandemic, visit American Banker.
If you enjoyed this topic, you’ll likely enjoy the upcoming WBA Human Resources Conference.