The award recognizes WesBanco's commitment to
creating a supportive and inclusive workplace culture for
parents
WHEELING, W.Va.,
Aug. 20,
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 Parents and Families 2024.
WesBanco received a five-star rating, one of just seven banks to
receive Newsweek's highest performance mark.
"WesBanco is honored to be named one of America's Greatest
Workplaces for Parents and Families by Newsweek," said Kim Griffith, Senior Executive Vice President
and Group Head, Human Resources, WesBanco. "By fostering a
supportive and family-friendly workplace, we enhance the well-being
of our team members and contribute to our broader vision of making
every community we serve a better place for people and businesses
to thrive. When our employees and their families thrive, so do our
organization and communities."
Just a thousand U.S. companies are included in the second
annual ranking, based on data from working parents who provided
nearly 700,000 company reviews. Newsweek and its research partners
identified and documented key indicators related to how much
parents feel supported in the workplace. They analyzed the number
of corporate programs benefiting families, such as the availability
of childcare, and information from social media, including company
ratings and reviews from parents.
WesBanco fosters a strong sense of employee purpose and
engagement through its Mission, Vision and Pledge and supports
working parents and their families in a variety of ways,
including:
- A diverse and inclusive workplace culture where all employees
feel valued and empowered to succeed.
- Family-friendly policies that prioritize work-life balance,
offering flexible work arrangements, parental leave and support
programs designed to meet the diverse needs of our employees and
their families.
- A health and wellness initiative to encourage and incent
wellness habits for employees and their families.
- An employee educational assistance program for continuing
education and development opportunities
In the company's 2023 employee engagement survey, most
respondents expressed high satisfaction with WesBanco.
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
workplace culture.
WesBanco's ranking by Newsweek as a great workplace for parents
and families comes amidst rising rates of households with two
working parents and working-parent burnout. Newsweek's coverage of
its rankings cited figures from the Labor Department's Bureau of
Labor Statistics released in April showing that in 2023, 67 percent
of all married-couple families with children had both parents
employed. That total was up from the previous year when 65 percent
of families had both parents working. And according to a
May 2022 study from The Ohio State University, 66 percent of working
parents reported feeling burned out.
"As more parents juggle raising a family with their work
obligations, they want employers who offer flexibility and are
supportive of work-life balance. Newsweek and market-data research
firm Plant-A Insights are proud to introduce "America's Greatest
Workplaces for Parents & Families 2024," highlighting companies
that are lauded by their employees as great places to work," said
Nancy Cooper, Global Editor in
Chief, Newsweek.
About WesBanco, Inc.
With over 150 years as a
community-focused, regional financial services partner, WesBanco
Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity
through relationships and solutions that empower our customers for
success in their financial journeys. Customers across our
eight-state footprint choose WesBanco for the comprehensive range
and personalized delivery of our retail and commercial banking
solutions, as well as trust, brokerage, wealth management and
insurance services, all designed to advance their financial goals.
Through the strength of our teams, we leverage large bank
capabilities and local focus to help make every community we serve
a better place for people and businesses to thrive. Headquartered
in Wheeling, West Virginia,
WesBanco has $18.1 billion in total
assets, with our Trust and Investment Services holding $5.6 billion of assets under management and
securities account values (including annuities) of $1.8 billion through our broker/dealer, as of
June 30, 2024. Learn more
at www.wesbanco.com and follow @WesBanco on Facebook,
LinkedIn and Instagram.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/wesbanco-inc-named-to-newsweeks-americas-greatest-workplaces-for-parents--families-2024-302226438.html
SOURCE WesBanco, Inc.