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FDIC Banking Review

Table 14 - Reasons for Problems Attracting and Retaining Employees, 2002(Percentage of Respondents)
Reason Attraction Retention
Unemployment very low 53 53
No one is qualified 30 15
They are moving into nonbanking fields 29 52
Large banks offer more than we can 25 28
Young people are leaving the area 24 25
Poor work ethic 24 28
De novo banks snap them up 7 10
Note: The date in the table's title refers to the survey's publication date. The survey's definition of community bank may differ from that used in this article. See the survey for the definition used. Source: Sixth Annual Community Bank Competitiveness Survey, ABA Banking Journal (2002).



Last Updated 02/11/2005 Questions, Suggestions & Requests

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