Recognized for building a culture of
engagement, belonging and opportunity
WHEELING, W.Va., July 17,
2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a
diversified, multi-state bank holding company, announced today that
Newsweek and Plant-A Insights Group have recognized it as one of
America's Greatest Workplaces for 2024. WesBanco received a
four-and-a-half out of five-star rating and is among fewer than 30
banks in the second annual ranking, spanning nearly 80 individual
business sectors.
Newsweek and Plant-A based the recognition on a large-scale
survey of more than 250,000 U.S. employees, which resulted in 1.5
million comprehensive company reviews. The survey covered
compensation and benefits, training and career progression,
work-life balance and company culture. Post-survey desk research
considered each ranked company's online mentions, diversity and
inclusion ratings, and reviews of senior management.
"At WesBanco, our mission is to build lasting prosperity not
only for our customers and communities but also for our
organization and people. So we are proud to be recognized by
Newsweek for our commitment to fostering a workplace environment
where employees feel valued, motivated and empowered to succeed,"
said Jeff Jackson, President and
Chief Executive Officer, WesBanco. "At every level of the
organization, we're continually striving to build a workplace
culture where purpose, belonging and opportunity thrive, ultimately
benefitting all our stakeholders."
WesBanco fosters a strong sense of employee purpose and
engagement through its Mission, Vision and Pledge and has
implemented numerous employee initiatives that support a positive
environment and long-term growth opportunities, including:
- A Diversity, Equity and Inclusion (DEI) Council that is driving
initiatives to support an inclusive workplace, such as three
employee resource groups and three annual symposiums.
- A health and wellness initiative to encourage and incent
wellness habits for employees and their families.
- Flexible work arrangements, including remote and hybrid, that
support work-life balance.
- Talent and leadership development programs for every level of
the organization.
- Structured talent review and succession planning that provide
ample opportunities for advancement
- Noteworthy incentive plans that encourage and reward employee
accomplishments
- An employee educational assistance program for continuing
education and development opportunities
In the company's 2023 employee engagement survey, the majority
of respondents expressed high satisfaction with WesBanco. Nearly 95
percent said their work is fulfilling, and approximately 90 percent
said they had recommended WesBanco as a great place to work to
people outside the organization. This high level of satisfaction is
a testament to WesBanco's commitment to workforce culture and
development.
WesBanco's ranking by Newsweek as a great workplace is
particularly impressive given the current national trend of falling
employee engagement numbers. In Newsweek's coverage of its
workplace rankings, it cited a Gallup poll reporting that U.S.
worker engagement hit an 11-year low, falling to 30 percent of
full- and part-time employees feeling "highly involved and
enthusiastic about their work and workplaces." This was down three
percentage points from the number of workers who felt the same way
in the last quarter of 2023.
"Finding a great workplace is an important decision that needs
to factor in pay, respect, training and advancement as well as
healthy work-life balance. Newsweek and market-data research
firm Plant-A Insights are proud to publish "America's Greatest
Workplaces 2024," the second annual ranking that highlights
companies which are committed to offering a positive and supportive
working environment," said Nancy
Cooper, Global Editor in Chief – Newsweek.
About WesBanco, Inc.
Founded in 1870, WesBanco, Inc.
is a diversified and balanced financial services company that
delivers large bank capabilities with a community bank feel. Our
distinct long-term growth strategies are built upon unique
sustainable advantages permitting us to span six states with
meaningful market share. The company's banking subsidiary, WesBanco
Bank, Inc., operates more than 190 financial centers in the states
of Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia. Built upon our 'Better Banking
Pledge', our customer-centric service culture is focused on growing
long-term relationships by pledging to serve all personal and
business customer needs efficiently and effectively. In addition to
a full range of online and mobile banking options and a full-suite
of commercial products and services, the company provides trust,
wealth management, securities brokerage, and private banking
services through its century-old Trust and Investment Services
department, with approximately $5.6
billion of assets under management (as of March 31, 2024). The company also offers
insurance and brokerage services through its affiliates and
subsidiaries. Learn more at www.wesbanco.com and follow
us on Facebook, LinkedIn and X, formerly
Twitter.
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SOURCE WesBanco, Inc.