SHEFFIELD – For the fourth year in a row, Bank Independent has been selected one of the 2022 Best Banks to Work For, according to American Banker and Best Companies Group.
“Our mission of making a positive difference in people’s lives includes our team members and this honor reflects that,” said Rick Wardlaw, CEO of Bank Independent. “We want a culture where our team members look forward to coming to work, where they can collaborate and work together with other team members and are rewarded with benefits that let them know they are appreciated.
“This ranking reflects our success both for our team members and as an organization.”
American Banker and Best Companies Group annually select banks that excel at creating positive and supportive workplaces. This year, 90 banks earned a spot in the rankings; Bank Independent ranked No. 30.
American Banker is a Manhattan-based trade publication covering the financial services industry.
Best Companies Group managed the registration and survey process, and analyzed the data to determine the final ranking.
A two-step process helps determine the rankings: The first step consists of evaluating each participating bank’s workplace policies, practices, and demographics, valued at 25% of the total evaluation. The second step consists of anonymous employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process is worth 75% of the total evaluation.
The combined scores determined the final ranking.
“The banks recognized on this list are trying hard to create workplaces that employees want to join,” said Chana R. Schoenberger, editor-in-chief of American Banker. “Especially during this moment when companies are experiencing a shift in how, where, and how much employees work, banks are paying attention to how they can best retain their people.”
To be considered for participation, banks had to have at least 50 employees working in the U.S., and to have been in business for a minimum of one year.
The full 2022 Best Banks to Work For list can be found by clicking here.