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Regions Banks wins Gallup Exceptional Workplace Award 2023



04/12/2023


Regions Banks wins Gallup Exceptional Workplace Award 2023
Regions Bank is pleased to announce that it has won the Gallup Exceptional Workplace Award for 2023. (GEWA). The award honours the world's most engaged workplace cultures. Regions has been named a GEWA winner for the ninth time.

“We are honored to once again be named an exceptional workplace by Gallup,” said John Turner, President and CEO of Regions Financial Corp.

“The Gallup Exceptional Workplace Award is a recognition of our commitment to creating an outstanding workplace culture that attracts and retains top talent, fosters innovation, and drives business success.”

GEWA winners have a ratio of engaged employees to actively disengaged employees that is 16 times higher than the international average. According to Gallup, only 21% of employees worldwide are engaged — that is, committed to their work and connected to their workplace — and only 32% of employees in the United States are engaged. In comparison, 72% of employees at GEWA-winning organizations are engaged.

“Even during some of the most challenging times, strong cultures are resilient and find new ways to get work done and meet customer needs,  - Jim Harter, Gallup’s chief scientist of workplace management and wellbeing.

“Gallup’s 2023 GEWA winners proved that even during some of the most challenging times, strong cultures are resilient and find new ways to get work done and meet customer needs. These organizations continued to make employee engagement a central cultural priority as part of their business strategy, and they maintained record levels of employee engagement while achieving or exceeding their business goals,” said Jim Harter, Gallup’s chief scientist of workplace management and wellbeing.

Gallup's meta-analysis on team engagement and performance is the most comprehensive workplace study ever conducted, containing data from more than 2 million employees in 276 organizations spanning 54 industries and 96 countries. Customer ratings, profitability, productivity, turnover, safety incidents, shrinkage, absenteeism, quality, wellbeing, and organizational citizenship are all areas where highly engaged organizations outperform their peers.