FROM QUIET QUITTING TO EPIC RETENTION WIN THE WAR FOR TALENT WITH PROFESSIONAL DEVELOPMENT VACB and ICBA Can Help! In today’s work landscape, where “quiet quitting” and “act your wage” have become buzzwords, more employers are investing in professional development opportunities to help their employees feel valued and connected to their work. According to a 2022 survey conducted by the Society for Human Resource Management (SHRM) and Talent LMS, more than 76% of the employees surveyed stated that they are more likely to stay with a company that offers continuous training. Furthermore, almost half of employees reported that training opportunities were a crucial factor in choosing their current employers. Here are four reasons why professional development can help your bank win the war for top talent! • Boost Retention: Employees who feel they can grow professionally are more likely to stick around. Offering professional development programs shows your employees that you care about their futures and are invested in their growth. This can lead to higher job satisfaction and a more positive attitude towards work. • Prepare for the Future: With 10,000 Baby Boomers turning 65 each day, many community banks are facing the challenge of business continuity. Upskilling your employees can help ensure a smooth transition when needed and keep your bank humming along. • Stay Competitive: Technology is advancing rapidly, and skills that are relevant today 8 The CommunityBanker
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