Results include
- 2 Webpages
- 18 BID Newsletters
Webpages
May 19, 2023
Explore career opportunities with PCBB. Ranked as the Best Banks to Work For in 2022. A correspondent banking provider for community financial institutions.
May 18, 2023
Correspondent banking services for financial institutions such as cash management, risk management advisory services, international banking, and lending services.
Apr 4, 2024
Every April, we celebrate Community Banking Month through a series of BID articles that showcase the efforts of local banks to serve their communities, support their staff, and enrich the customer experience. Some community banks have responded by beginning or increasing their efforts to support well-being and development of both their employees and their community.
Jan 11, 2024
Employers have begun swapping conventional executive titles with new, trendy alternatives. But it’s not just about the titles — the roles themselves are changing as well, something younger talent with a yearning for a purpose-driven culture especially craves. We explore why these new executive roles may help you get a leg up on the competition for key talent.
Feb 22, 2023
As CFIs look to retain and hire top talent this year, they may need to spend more to keep their top performers happy. A recent survey projects a 4.6% salary increase as companies balance inflationary pressures and competition for high-performing employees. We take a look at what that means for your institution.
Jan 26, 2023
Job seekers have the advantage across most industries, including the financial industry. By increasing employee engagement and creating a people-first culture, CFIs have an opportunity to keep high performers and stand out from the competition. We explain what employee engagement means and how you can practice it.
Sep 30, 2022
AI can help you handle your CFI’s hiring process by efficiently finding qualified job candidates. Keep in mind, though, that it learns what you teach it. Plan to check AI’s results regularly, respond personally to the candidates you interview, and keep the data AI gathers secure.
Aug 11, 2022
Roughly half of working mothers will scale back their careers for family at some point, or will leave their jobs entirely. As organizations scramble to plug expertise gaps amidst a dearth of qualified candidates, many are turning to “returnships” as a way to coax mothers back into the workforce and to get them up to speed on technological advancements that occurred during their absence.
Aug 3, 2022
CFIs can help students gain financial literacy through partnerships with nearby school districts. They team up with high schools to develop classes in banking and personal finance and even operate in-house “banks” in schools, which increases awareness and loyalty with the next generation of accountholders and workers. We feature some noteworthy examples.
Apr 27, 2022
Return on Experience (ROX) is a fairly new metric for financial institutions. Yet, one survey has found it to be a powerful metric. The study found that financial institutions that grew 10% or more had stronger ROX programs than those that didn’t. We explore this new performance metric.
Mar 18, 2024
When used correctly, retention bonuses can be an effective tool to help financial institutions hold on to key employees who may be looking to leave — at least long enough to find replacements. But retention bonuses are not without their flaws, so their use should be intentional and methodical. We discuss a few use cases of retention bonuses and their effectiveness.
Feb 29, 2024
Digital academies for workplace training have been around for years, but not all employers or workers have been on board. As organizations seek to plug skills gaps internally, new approaches to digital academies are proving extremely successful.
Feb 22, 2024
Although annual performance reviews are the norm at most companies, many employees dread the process. Changing your CFI’s approach to performance reviews and how often they happen can be the key to more effective discussions and better feedback. Read on for tips on how to optimize the review process and help employees and managers alike find more value in these meetings.
Feb 7, 2024
The desire for more flexible work arrangements isn’t limited to younger generations. As CFIs strive to hold on to longtime senior employees who may be heading for the exit to retire, flextirement is an option that may allow them to hold onto key employees longer and ensure a smoother transition to the next generation of employees.
Jan 16, 2024
The Great Resignation may be over, but CFIs should still find ways to attract and retain hard-working employees — especially those who are excited to grow their careers within the institution. CFIs looking for ideas to accomplish this can emulate the 2023 winners of best banks and companies to work for.
Jan 3, 2024
Finding the right amount to award your executives for bonuses can be a challenge. Compensation committees that use discretion in determining incentive payouts risk receiving criticism from investors and proxy advisory firms, whose policies tend to prefer formulaic incentive plans. However, discretion is an important feature of many banks’ annual incentive plans that, if used appropriately, can enhance the relationship between executive and CFI.
Sep 5, 2023
Efforts to boost DEI soared a few years ago, but research shows that some companies are having difficulties keeping pace in the long term. We discuss what to do if your company is experiencing diversity fatigue and provide tips for staying on track with your DEI goals.
Aug 17, 2023
Attracting qualified candidates for your CFI may mean the need to revisit how your organization has traditionally approached recruitment. We dive into the benefits of looking for skilled talent outside the banking industry and how to draw those workers to your institution.
Jul 31, 2023
In an environment where burnout continues to fuel mass resignations, a rising number of organizations are turning to sabbaticals in an effort to hold on to key employees. We discuss the benefits of offering sabbatical leave.
May 17, 2023
The business case for hiring staff from diverse socioeconomic backgrounds is strong, both for institutions and the wider community. While many CFIs have a track record of championing diversity, equity, and inclusion in terms of race and gender, we consider what they can do to bolster their efforts in this often-forgotten area.