Results include
- 1 Podcasts
- 19 BID Newsletters
Podcasts
Jan 30, 2024
In this episode of Banking Out Loud, hear discussions on the value of performance reviews and how to effectively prepare for them with Laurie Battaglia, CEO of Aligned at Work. Laurie touches on the importance of the performance review format and frequency, shares tips for employees on how to prepare, the role of managers, the importance of continuous improvement in the performance review process and more.
Jun 18, 2024
Discover effective strategies for CFIs to understand and respond to the diverse needs of both customers and employees, fostering inclusivity in the workplace and community.
Jul 24, 2023
As phishing attempts constantly evolve, CFIs must train their employees to keep up, such as regularly testing employees through simulated fake phishing campaigns. We share additional tips to help you develop the most effective cybersecurity training program you can to minimize these threats.
Jul 15, 2024
Work friction is a common source of frustration for both employees and customers. We explain the cost of work friction, where to look for it, and how to remove it.
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.
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 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.
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 8, 2023
Remote work is here to stay, but it can often make employees feel disengaged from their colleagues and businesses. When done well, remote training can help foster a sense of community among colleagues, keep them better connected to their organizations, and help people continue to develop skills from outside the office.
Mar 31, 2023
As a growing number of baby boomers get closer to retirement, phased retirement programs are proving an attractive option for CFIs seeking to keep key employees around long enough to ensure that their replacements are ready to take on their roles.
Mar 10, 2023
Incentives are effective tools for motivating employees. As the economic environment changes and liquidity tightens, make sure the incentive programs you have in place support your organization’s current goals and make sense for your staff.
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.
Feb 6, 2023
With inflation at a historic high, American workers are finding it more difficult to wait to be paid on the standard biweekly schedule. Earned wage access is a direct deposit payroll strategy addition that can give employees access to their pay as soon as they’ve earned it.
Jan 31, 2023
The annual Best Banks to Work For list from the American Banker showcases financial institutions that strive to treat their employees well. A reputation as a good workplace can help in both recruitment and retention efforts. We reveal what some of the banks on the list have in common.
Jan 13, 2023
With more than 50% of employees working remotely these days, a lack of regular face-to-face interaction between workers has led to an increase in what is known as “imposter syndrome,” where people begin questioning whether they are right for their jobs. By stepping up intentional communications with employees, managers can reduce the likelihood of losing good workers to such doubts.
Jan 3, 2023
As CFIs seek to plug gaps within their IT skill sets, externships provide a novel approach to supplementing expertise, identifying promising technology offerings, and recruiting qualified young employees.
Dec 7, 2022
In the second part of our review of 2022, we look at the challenges presented by a tight labor market and high turnover at financial institutions. Organizations are focusing on strategies to attract and retain the best talent in this competitive environment, including hybrid working models — a must-have for many employees.
Nov 28, 2022
As SMEs seek to attract and retain employees by offering enhanced benefits such as 401(k) plans, financial institutions predict major growth in this business line. Some CFIs have already begun partnering with retirement service providers to put together affordable and streamlined offerings.