Peapack Private Bank & Trust Named Among 2025 Best Banks to Work For
TL;DR
Peapack Private Bank & Trust's eighth consecutive Best Banks to Work For recognition signals a stable, attractive workplace that can attract and retain top talent.
The ranking is determined through a two-step evaluation process involving workplace policies analysis and anonymous employee surveys, with employee feedback comprising 75% of the score.
This recognition demonstrates how positive workplace cultures at banks like Peapack Private Bank & Trust create environments where employees find purpose and thrive professionally.
Peapack Private Bank & Trust ranked number 48 among 90 banks recognized for creating exceptional workplace environments based on employee feedback and benefits analysis.
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Peapack-Gladstone Financial Corporation announced that Peapack Private Bank & Trust has been named one of the 2025 Best Banks to Work For. American Banker partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees. This year, 90 banks earned a spot in the ranking based on an anonymous employee survey and a thorough review of benefits and perks. The full list of the 2025 Best Banks to Work For is featured at http://www.americanbanker.com.
Chana Schoenberger, Editor-in-Chief of American Banker, emphasized that the banks recognized as Best Banks to Work For are institutions employees want to join and stay with because they understand how to give workers reasons to find purpose in their jobs. On the 2025 list, Peapack Private Bank & Trust was ranked No. 48. The survey and awards program is designed to identify and honor banks with the best cultures for helping employees thrive.
Doug Kennedy, President and CEO, noted that this is the eighth year in a row that the bank has been recognized with this honor. He attributed the achievement to the hard work and dedication of employees, expressing gratitude for their contributions. The ranking process involves two steps: Workplace Evaluation, which accounts for 25% of the total score and assesses policies, practices, and demographics, and Employee Survey, which accounts for 75% of the total score and measures experiences and attitudes toward the workplace.
To qualify for the program, banks must have at least 50 U.S.-based employees and have been in business for a minimum of one year. Best Companies Group managed registration, survey administration, and data analysis. For more information on the Best Banks to Work For program, visit http://www.BestBankstoWorkfor.com. This recognition underscores the importance of workplace culture in the banking sector, where employee satisfaction can directly impact service quality and institutional stability.
Curated from NewMediaWire
