As the pandemic moves further away in the rearview mirror, financial institutions are juggling a myriad of priorities and concerns, such as consumer satisfaction, consumer retention, revenue generation, and loan volume. The pandemic also shifted priorities for employees and now more than ever employee turnover is a consideration for financial institution employers. Employee turnover can be costly, so investing in existing and future employees can be a strategic move to foster a culture that aligns with your business needs.
Employers are navigating what work looks like for their unique business needs and how to keep staff of all levels connected and productive. One form of investing in employees centers around providing education. Learning is the foundation of overall performance and there is a strong connection between what employees know and what they do.
Benefits of investing in employee education:
- Deeper consumer relationships and retention
- Increased sales of products and services
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