BankNewport Honored as One of Employee Benefit News’ Best HR Teams in America
Recognition highlights commitment to fostering a collaborative and supportive workplace culture through innovative programs
BankNewport is proud to announce its selection as a 2024 honoree for Employee Benefit News’ (EBN) prestigious Best HR Teams in America awards. The recognition highlights BankNewport's commitment to fostering a supportive and productive work environment that prioritizes employee well-being, engagement, and professional growth.
EBN, a leading resource for human resources and benefits professionals, recognized 39 companies across the nation that excel in creating environments where HR teams can thrive, innovate, and lead their organizations with excellence. The award selection was conducted in partnership with Best Companies Group, following an extensive survey and evaluation process.
"Employee Benefit News is happy to recognize these 39 HR teams for their dedication and hard work. The winners are leaders in their fields. They are experts at finding ways to better serve their colleagues and make their workplaces standout,” said Jackie Stewart, Interim Editor-In-Chief, Employee Benefit News. “Congratulations to all these teams!"
“We are incredibly honored to be named one of the Best HR Teams in America,” said Jack Murphy, President & CEO, BankNewport. “This award underscores our continuous efforts to create a workplace culture where our employees feel valued, supported, and empowered to succeed. Our HR team is the backbone of our organization, ensuring that our people-centric approach drives success at every level.”
One of the key initiatives recognized is BankNewport’s AIM (All-in Moments) program, which aligns with the Bank’s ‘We’re All In’ culture. The program encourages both managers and peers to recognize employees or teams for achievements and behaviors that reflect the Bank’s Core Values.
“An All-In Moment is a positive behavior that captures BankNewport’s spirit in the community, best-in-class service, collaborative culture, and/or exceptional performance aligning with our core values,” said Elena Harootunian, Senior Vice President, Director of Human Resources, BankNewport. “Awards are given in the form of online badges and cash rewards, and top employees are recognized at an annual all-employee rally.”
This recognition follows a rigorous nomination and selection process, where the honorees were evaluated based on their efforts to create creative, supportive, and productive work environments.
For additional information, please visit Employee Benefit News’ Best HR Teams in America 2024 page, here: Best HR Teams 2024 | Employee Benefit News
About BankNewport:
Founded in 1819 and headquartered in Newport, BankNewport offers a full suite of loan and deposit products and services for families and businesses throughout Rhode Island. BankNewport is one of the longest-standing community banks in the United States and, as a mutual organization, is committed to the financial success of its customers, employees, and communities. BankNewport has nineteen branch locations, a community lending center in Central Falls, and a commercial lending office in Providence. OceanPoint Marine Lending, a business line of BankNewport, specializes in consumer marine and recreational vehicle financing programs.
Through its All In Giving program, BankNewport is committed to supporting nonprofits with areas of impact focused on basic human needs, children and families, education, economic security, healthy lives, arts and culture, and the environment. BankNewport has awarded over $9.8 million in grants, sponsorships, and donations over the past ten years to a wide range of nonprofits to help strengthen and enrich lives and communities throughout Rhode Island. Financial education and community service performed by employees totals 10,000 hours annually. For more information, please visit www.BankNewport.com.
About Employee Benefit News (EBN):
Employee Benefit News (EBN) is the primary media resource for decision makers in the worlds of employee benefits, human resources, and workplace culture. As the dynamics of these spaces continue to shift and become increasingly complex, EBN delivers expert insights to allow business leaders to navigate their industries with agility. From helping benefits managers meet the challenges of reducing care costs and improving retirement plans to providing HR leaders with guidance on building a talented and diverse workforce, EBN drives the conversation and delivers the research and analysis to help readers support their companies’ objectives.
Employee Benefit News serves 300,000 business leaders across all platforms. Our audience is comprised of HR executives and benefits directors whose influence spans health and retirement plans, inclusive company cultures, employee development, voluntary benefits, regulatory compliance, benefits procurement, HR technology, strategic direction, and finance. For more information, please visit: About Employee Benefit News | Employee Benefit News.
