Data and research on employee loyalty in the banking industry

A list of the most interesting articles and research we have found (or developed)

78% of banking professionals say they are satisfied with their job, and yet 53% are likely to leave in the next year.

Whistle survey of 200 banking employees across the US. June 2023.

The top 3 reasons bank employees are considering leaving their current bank:

51% limited career opportunities
40% inadequate rewards
40% don’t feel valued

Whistle survey of 200 banking employees across the US. June 2023.

71% of banking professionals prefer cash rewards

Bank professionals prefer cash rewards

Cash is preferred over 4X when compared to company products or merchandise but many banks are still preoccupied with managing gift catalogs and gift cards most bank employees don’t want.

Whistle survey of 200 banking employees across the US. June 2023.

65% of people who quit their job in the finance and insurance industry, moved to a new industry.

The Great Attrition is making hiring harder. Are you searching in the right talent pools? McKinsey

80% of banking professionals want better reward tools.

Whistle survey of 200 banking professionals across the US. June 2023

Forget the Bells. You Just Need Whistle.

Overwhelmed? Let us help you build a better onboarding experience, improve leadership training, or find innovative ways to appreciate your people — start by speaking to a consultant for free.

Additional posts you might find interesting

Employee Retention, Construction, Employee Loyalty, New Feature, recognition

Company Merchandise Stores

Upload your own photos with a recognition

Construction, New Feature, recognition

Whistle Rewards Launches New Photo Uploads Feature

Transforming Safety Culture with Whistle Rewards

Case Study, Construction, Employee Retention, Resources, Rewards

Transforming Safety Culture with Whistle Rewards

AI Recognition Assistant Whistle Rewards

Construction, New Feature, recognition, Robin

Whistle Rewards’ New AI-Powered Recognition Assistant

Why Rewards Work So well with construction management.

Payments, Construction, Research, Rewards

Why Rewards Work So Well with Project Management Tools in Construction

New research from Whistle

Payments, Construction, Research, Rewards

23% of construction companies plan to add more monetary rewards in 2025

Using paychecks for recognition is a waste

Employee Engagement, Behavioral Science, Incentives and Rewards, Payments

Using Paychecks for Recognition is a Waste

Employee Engagement, Construction, Incentives and Rewards

How Technology Will Reshape the Construction Workforce in the Next Five Years

Improving Daily Log Activity by 863% in Procore with Whistle Rewards

Resources, Case Study, Construction, Procore, Rewards

Shannon Construction increases Daily Log reporting in Procore by 863%!

Use a QR code to easily reward groups

Construction, New Feature

Scan QR codes to add people to a spot reward group

Smartphones a better way to engage

Employee Engagement, Behavioral Science, Construction, Incentives and Rewards

Smartphones: A better way to engage

Improving Sefety Reporting in Procore

Resources, Case Study, Construction, Procore, Rewards

Korte Boosts Safety Reporting by 50%

FI Employee Rewards: Frequency matters more

Behavioral Science, Construction, Incentives and Rewards

Employee Rewards: Frequency matters more

Reducing Reward Program Waste

Resources, Case Study, Healthcare, recognition, Rewards

Reducing reward waste by 50%

Press Release, Construction, Incentives and Rewards

Whistle Rewards Selected to Join Google AI Academy for American Infrastructure

Behavioral Science, Construction, Employee Retention, Incentives and Rewards

Why Rewarding Your Construction Staff Is More Than Just “Paying Twice”

Behavioral Science, Construction, Incentives and Rewards

Behavioral Science in the Construction Industry: Avoiding the Boomerang Effect

Saving time and money with learning incentives

Resources, Case Study, Healthcare, recognition, Rewards

Learning Incentives Save Time and Money

Incentives and Rewards, Construction, Press Release

Whistle Rewards: BuiltWorlds 2024 Start-up Competition Winner!

Upload funds to your Whistle Rewards account in Procore

Resources, Construction, FAQ, Procore, RESOURCE, Rewards

Upload Funds To Your Whistle Rewards Account

The Ugly Truth about gift cards featured image

Incentives and Rewards, Construction, Payments, Rewards

The Ugly Truth About Gift Cards

Reducing employee turnover by 26% in 30 days

Resources, Case Study, Healthcare, recognition, Rewards

Reducing Employee Turnover by 26% in 30 Days

Incentives and Rewards

Crowding-in Motivation for Lasting Impact

Incentives avoiding entitlement

Incentives and Rewards

Incentives: Avoiding Entitlement with these 3 steps

Birthday Rewards and Service Anniversary Rewards

Incentives and Rewards, New Feature, Rewards

Whistle’s New Birthday and Service Anniversary Rewards

Rewards, Incentives and Rewards

5 Concepts That Shape Whistle Rewards

Construction safety incentives

Rewards, Construction, Incentives and Rewards

Why Cash is King for Construction Safety Incentives

Send a spot reward in Procore

Resources, Construction, Procore, RESOURCE, Rewards

Send a Spot Reward in Procore

Incentives for Submittal Logs in Procore

Construction, New Feature

Add Incentives to Procore Submittal Log to Boost Profitability and Safety.

Combatting burnout in mental healthcare with reward and recognition

recognition, Healthcare, Rewards

Combating Burnout in Healthcare with Rewards and Recognition

Timely reward in construction

Construction, Rewards

Harnessing the Power of Timely Rewards in Construction

New feature - recognition

Whistle Reward’s New Recognition Tools

FI incentives versus rewards

Rewards, Construction, Incentives and Rewards, RESOURCE

Incentives versus Rewards

FAQs, Freuently Asked Questions

New Client Frequently Asked Questions

RESOURCE, Construction, Procore, Resources

Add Whistle Rewards to your Procore Account

Improve Safety Incident Reporting in Procore

Resources, Construction, Procore, RESOURCE

Improving Safety Incident Reporting in Procore

Tis the season to practice gratitude

Employee Loyalty

Tis the Season to Be Jolly and Practice Gratitude

White Paper, Construction, Incentives and Rewards

The Right Tool for the Job: Improving Construction Projects Using Rewards and Incentives

Simplifying rewards to boost retention and engagement

Culture Budgets, Employee Retention

Simplifying Rewards to Boost Retention and Engagement

Culture Budgets, Employee Retention

Building Great Cultures in a Post-Pandemic Era of Hybrid Work and Rapidly Changing Technology

Irrefutable Carrot Conundrum

Culture Budgets, Employee Retention

The Irrefutable Carrot Conundrum: Why Positive Reinforcement Triumphs in the Workplace

Carrot Chronicles Featured Image

Culture Budgets, Employee Retention

The Carrot Chronicles: 12 Commandments of Influential Employee Rewards and Recognition

Culture Budgets, Employee Retention

Creating Employee Loyalty with Corporate Philanthropy

Maximize employee rewards in banking

Incentives and Rewards, Employee Retention

Maximizing Employee Retention in the Banking Industry

Banking employees happy to receive rewards

Incentives and Rewards

The Importance of Timely Rewards in the Banking Industry

Why incentives fail

Incentives and Rewards

Why Incentives Fail

FI Banks are missing the mark on employee loyalty

Employee Loyalty, Payments

Banks are missing the mark on employee loyalty

Employee Loyalty, Employee Retention, Employee Turnover

Making Employee Retention Personal: Meaning

5 pitfalls of corporate gift cards

Incentives and Rewards, Payments

The 5 Pitfalls of Corporate Gift Cards

Employee Retention, Culture Budgets, Employee Loyalty, Incentives and Rewards

SMS Text Feature makes Whistle the easiest employee payments and reward tool ever

Employee Retention, Employee Loyalty, Manager Training

The Importance of Aligning Company Values with Business Trajectory

Employee Retention, Employee Loyalty

The Importance of Measuring Gender Inclusivity in the Workplace

Employee Loyalty, Culture Budgets, Employee Retention, Incentives and Rewards

Creating a Sense of Belonging For your Employees

BankTalentHQ Announces Partnership with Whistle

Employee Loyalty, Culture Budgets, Employee Retention, Incentives and Rewards

Making Employee Retention Personal: Belonging

Microlearning

Resources, Procore, RESOURCE

Requesting a Physical Card

Employee Loyalty, Culture Budgets, Incentives and Rewards

Employee Engagement in the Multigenerational Workplace

Employee Loyalty, Culture Budgets, Incentives and Rewards

Great alternatives to happy hour for remote and virtual employees.

Employee Loyalty, Culture Budgets

Moving Beyond Black History Month to Create an Inclusive Workplace

Building Inclusion and Belonging with Whistle Graphic

White Paper, Culture Budgets, Employee Loyalty

Building Inclusion and Belonging with Whistle

Employee Retention, Employee Loyalty, Employee Turnover

The Importance of Creating a Personalized Employee Experience – Feeling Valued

Employee Retention, Employee Loyalty, Employee Turnover

Most Leaders Focus On The Wrong Retention Problems.

female worker asleep in office chair with laptop

Employee Loyalty, Employee Retention, Incentives and Rewards

Keep Your Virtual Employee Engaged During the Long Winter

Time to democratize culture budgets cover

White Paper, Culture Budgets, Employee Loyalty

Time to Democratize Culture Budgets

New Feature, Uncategorized

Whistle System Platform Updates January 2023

Small leaf buds from hands holding pile of dirt

Employee Loyalty, Employee Retention

The importance of creating a personalized employee experience: Growth and Mastery

Confusing road sign points to multiple paths

Employee Loyalty, Employee Onboarding, Employee Retention

The importance of creating a personalized employee experience: Expectation and Capabilities

Employee Loyalty, Employee Retention

The importance of creating a personalized employee experience: Focus on Safety

Employee Loyalty, Employee Retention

Creating a personalized employee experience can help improve retention and loyalty

Employee Loyalty, Incentives and Rewards

KNOWING WHERE TO INVEST YOUR CULTURE DOLLARS TO IMPROVE LOYALTY SHOULD BE YOUR #1 PRIORITY

Whistle partners with Largely, the Candidate & Employee Experience Platform

Reduce quiet quitting with employee loyalty

Employee Loyalty

HOW EMPLOYEE LOYALTY SOLVES QUIET QUITTING

Magic Links Whistle App

Magic Links – New Whistle Feature

Holiday gift ideas to boost employee loyalty

Employee Loyalty, Incentives and Rewards

HOLIDAY GIFT AND PARTY IDEAS THAT DRIVE EMPLOYEE LOYALTY

Jennifer Ernst-Employee Loyalty Leader

Employee Loyalty Leaders

Employee Loyalty Leader Jennifer Ernst

Employee Loyalty Definition

Employee Loyalty

Employee Loyalty Definition

Effective Employee Loyalty Rewards

Employee Loyalty, Incentives and Rewards

Effective Employee Loyalty Rewards Are Required to Retain Employees

Metrics in Whistle

Metrics – New Feature

Whitney Kenter Employee Loyalty Leader

Employee Loyalty Leaders

Employee Loyalty Leaders with Whitney Kenter

Employee Loyalty App featured image

Employee Loyalty

4 Key Elements of an Employee Loyalty App

Employee Loyalty Leader David Klein

Employee Loyalty Leaders

Employee Loyalty Leaders with David Klein

Challenges with Employee Onboarding

Employee Onboarding

Challenges with Employee Onboarding (and How to Solve Them)

Employee Appreciation Gifts

Employee Retention

Employee Appreciation “Gifts” Can Be Worse Than Doing Nothing

5 Things Employee Onboarding

Employee Retention, Employee Turnover

Start Doing These 5 Things When Onboarding New Employees

Katie Harman, VP HR Comtrea

Employee Loyalty Leaders

Employee Loyalty Leaders with Katie Harman

Employee Burnout Affects Everyone

Employee Retention, Employee Turnover

No One is Immune to Employee Burnout — Not Even HR

Employee Hierarchy of Needs

White Paper, Employee Retention

The Employee Hierarchy of Needs

Jennifer Patterson

Employee Loyalty Leaders

Employee Loyalty Leaders with Jennifer Patterson

Rob Seay, COO Artigem

Employee Loyalty Leaders

Employee Loyalty Leaders with Rob Seay

Whistle Payments Slack Integration

Incentives and Rewards, New Feature, Payments

New Feature – Slack Integration

Employee Payments

Employee Retention, Incentives and Rewards

The $150 Billion Industry No One Likes

Employee Retention, Employee Training, Employee Turnover

Pizza Parties Are Not the Answer to Your Retention Problems

Employee Retention

Employee Retention, Employee Training, Employee Turnover

Your Employees Are Not Quitting Because of Compensation

Whistle Press Release

Whistle Closes on $3.2 Million Seed Funding Round

Incentives and Rewards

Employee Rewards: Time is the Enemy

Bank professionals prefer cash rewards

Employee Loyalty

Data and Articles on Employee Loyalty in Banking

Great onboarding

Employee Onboarding

The 4 Elements of Great Employee Onboarding

categories of learning content

Employee Training, Manager Training, Microlearning

The 4 Categories of Learning Content

5 Microlearning Best Practices

Employee Turnover, Employee Onboarding, Manager Training

Employee turnover is at an all time high

diversity training app

Manager Training, Employee Training

The hidden risk of diversity training, and what you should do about it

Employee Training, Manager Training

Manager training is costing you millions, and you don’t even know it

Understanding and Addressing Turnover in Manufacturing

microlearning

What is Microlearning? (And what are the benefits?)

Microlearning can improve channel performance

White Paper, Microlearning

Channel Learning is Broken, and Microlearning Can Fix It

Making friends with friction white paper

Making Friends with Friction

Microlearning

How Microlearning Will Transform the Sales Channel

Click video to play

Whistle Rewards is the easiest way to launch a safety rewards program, improve technology adoption or send spot-rewards to any team member, subcontractor or vendor. From building a culture of safety to improving Procore adoption, Whistle Rewards is the leading rewards and recognition partner in construction and manufacturing.

Join our Community!

Whistle is committed to protecting and respecting your privacy, and we’ll only use your

contact information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you.

You can unsubscribe from these communications at any time. Please visit our Terms and Conditions and Privacy Policy for additional information.

By clicking submit, you consent to allow Whistle to store and process the personal information submitted above to provide you the content requested.

Phone

Email

LinkedIn

Twitter

Scientific and Technical Advisors

Industries

Schedule a demo

Press and Media

Whistle Systems Inc. (c) 2024 Privacy Policy Terms And Conditions