WesBanco, Inc. Named to Newsweek's America's Greatest Workplaces for Parents & Families 2024
WesBancoWesBanco(US:WSBC) Prnewswire·2024-08-20 13:30

Core Insights - WesBanco, Inc. has been recognized as one of America's Greatest Workplaces for Parents and Families 2024 by Newsweek, receiving a five-star rating, making it one of only seven banks to achieve this distinction [1][2] Company Overview - WesBanco is a diversified, multistate bank holding company with over 150 years of experience, focusing on community financial services [6] - The company has total assets of $18.1 billion, with Trust and Investment Services holding $5.6 billion in assets under management and securities account values of $1.8 billion as of June 30, 2024 [7] Employee Engagement and Workplace Culture - WesBanco fosters a supportive and inclusive workplace culture, emphasizing family-friendly policies, flexible work arrangements, and wellness initiatives [3] - In a 2023 employee engagement survey, approximately 90% of respondents recommended WesBanco as a great place to work, indicating high employee satisfaction [3] Industry Context - The recognition comes at a time when 67% of married-couple families with children have both parents employed, an increase from 65% the previous year, highlighting the growing need for supportive workplace environments [4] - A study from The Ohio State University indicated that 66% of working parents reported feeling burned out, underscoring the importance of work-life balance [4][5]