Seamen’s Bank has been named one of the 2024 Best Banks to Work For by American Banker for the fifth consecutive year. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.
This year 90 banks earned a spot in the ranking of Best Banks to Work For, based on an anonymous employee survey and a thorough review of the benefits and perks offered. The full list of the 2024 Best Banks to Work For will be featured at www.americanbanker.com.
“The Best Banks to Work For represent institutions helping employees achieve their goals,” said Chana Schoenberger, editor-in-chief of American Banker. “These banks recognize how important it is for their staffers to be happy about the work they do and the environment in which they spend their days.”
On the 2024 list, Seamen’s Bank was ranked No. 29. The survey and awards program are designed to identify and honor banks with the best cultures for helping employees thrive.
“We are honored to be recognized as one of the Best Banks to Work For by American Banker” said Lori Meads, President and CEO of Seamen’s Bank. “We continually strive to promote a culture that encourages a healthy work/life balance for our employees. Our leadership team is committed to providing employee benefits that reflect our understanding and appreciation of what is needed to support our employees and their families.”
Determining the Best Banks to Work For involved a two-step process. The first consisted of evaluating each participating bank’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the final ranking.
To be considered for participation, banks had to have at least 50 employees working in the U.S. and have been in business for a minimum of one year. Best Companies Group managed the registration and survey process and analyzed the data to determine the final ranking.
For more information on the Best Banks to Work For program, visit www.BestBankstoWorkfor.com.
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