Kilmarnock, VA. Chesapeake Bank has been named one of the Best Banks to Work For in 2016. The full list was featured in the August 29th issue of American Banker Magazine.
The program, which was initiated in 2013 to identify, recognize and honor the best banks to work for in the nation, is a project of American Banker and Best Companies Group. In all, 60 banks achieved "Best Bank" status in this fourth year for the program.
To be considered for participation, banks had to fulfill the following eligibility requirements:
- Have at least 50 employees working in the US;
- Be a Commercial Bank, Thrift, Mutual Association, Mutual Savings Bank, Savings and Loan Association or a Savings Bank.
"We are so proud and excited to be included in this list of Great Places to Work," comments Jeff Szyperski, president and CEO of Chesapeake Bank, "Our hiring practices, employee recognition, programs, management styles, coaching sessions and overall culture make such a difference for our employees. The overall environment we have created makes for engaged and satisfied employees which, in turn, satisfies and rewards our customers and shareholders."
Determining the Best Banks to Work For involved a two-step process. The first step 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 part 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 top banks and the final ranking. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.
For more information on the Best Banks to Work For program, visit www.BestBankstoWorkFor.com or contact Jackie Miller at 877-455-2159.
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