Washington Trust Bank has been included in the Best Banks to Work For 2026 list by American Banker. This recognition speaks about the effort of Washington Trust Bank in creating a friendly environment for its employees.
This list includes 100 banks each year that exhibit great workplace culture and have an employee-oriented environment. One important point here is that Washington Trust Bank has managed to be included in the list seven out of eight years.
Ned Handy, Chairman and CEO of Washington Trust, welcomed the recognition.
“This recognition speaks to the strength of the culture we’ve worked hard to build and sustain across our organization,” said Washington Trust Chairman and CEO Ned Handy. “We’re honored to be included among the nation’s best banks to work for and are proud of the workplace experience we provide our employees.”
Recognition for Employee Workplace Culture
American Banker rates the banks on the basis of the policies for the employees, perks they provide to the employees, and the overall organizational culture. In addition, American Banker rates the institutions taking into account the opinions of the employees regarding the work environment and professional prospects. According to Chana Schoenberger, editor-in-chief of American Banker, the employees’ satisfaction was very important.
“The banks recognized as Best Banks to Work For are institutions employees want to join and stay,” said Chana Schoenberger, editor-in-chief of American Banker. “They understand how to give workers reasons to find purpose in their jobs.”
How American Banker Determines the Rankings
American Banker teamed up with Best Companies Group to compile the Best Banks to Work For 2026 ranking. The assessment process involved two phases of evaluation.
First, the organizers evaluated the policies, practices, and demographics of the workforce of each bank that was taking part. The evaluation contributed 25% to the final score.
Secondly, the staff of the banks took surveys regarding their work experience and attitudes. The surveys covered employee satisfaction and organizational culture. The surveys constituted the other 75% of the final score.
In the end, the organizers used the results of both evaluations to compile the ranking. Best Companies Group handled the registration process and employee survey process. In addition, it analyzed the gathered information and compiled the final ranking.
The ranking indicates the continuous commitment of Washington Trust to employee engagement and workplace culture. Moreover, its continuous appearance is an indication of its effort to sustain a conducive working environment.
Washington Trust continues to be recognized due to its employee-oriented practices.
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News Source: PRNewswire.com
