Oconomowoc, Wis. – Bank Five Nine has been named one of the 2023 Best Banks to Work For. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.
“Bank Five Nine is proud to announce we have once again been named one of America’s “Best Banks to Work For” by American Banker Magazine! This marks the 7th straight year we’ve earned this recognition. Bank Five Nine was one of only two banks in Wisconsin to be named to the list, and we are honored to be the highest rated,” said Tim Schneider, CEO and President of Bank Five Nine.
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 2023 Best Banks to Work For list will be featured at www.americanbanker.com.
“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.”
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.
For more information on the Best Banks to Work For program, visit www.BestBankstoWorkfor.com.