In testimony before a House Financial Services subcommittee today, American Bankers Association SVP Naomi Mercer highlighted the strides banks have made toward building a more diverse, equitable and inclusive workforce and discussed some of the challenges they face in this area.
Browsing: Employee retention
American Banker Magazine today published its seventh annual list of the 85 best banks to work for, with ABA member banks accounting for 62 of the honorees.
Natalie Bartholomew is chief administrative officer at Grand Savings Bank in northwestern Arkansas, but she is probably better known for her popular blog “The Girl Banker,” which provides advice on career advancement and work-life balance for women in banking as well as spotlighting female leaders in financial services.
A comprehensive benefits program that includes an executive plan may tip the scales for candidates considering multiple job offers, according to a new study by Pentegra, which is endorsed by ABA for retirement plan services.
Today’s workforce is more diverse than perhaps any time in previous history. At many banks, it is now common to have four generations of employees working together, from boomers and Gen Xers to millennials and now, Gen Z. Overall, this diversification has been a boon to American business, as it has been shown to drive innovation and improve the customer experience.