Monroe Bank & Trust saves $430,000 with EASy® Hiring Solution
CHALLENGE
Monroe Bank and Trust, one of the largest community
banks in southeast Michigan, knew it was time for a change when
their teller turnover reached nearly 50 percent. The bank attributed
much of the turnover to two key factors: job dissatisfaction due to
unrealistic expectations about the work and performance issues
including cash handling errors and failure to follow bank procedures.
SOLUTION
To reduce turnover and improve performance, Monroe
Bank and Trust turned to Employment Technologies’ EASy Hiring
Solution. This fully integrated system includes:
- EASy Simulation–Teller Vision
- EASy–Structured Employment Interview for Tellers
- Teller Fit Index
RESULTS
- 33% reduction in training time (from 3 weeks to 2 weeks)
- 43% drop in turnover among new tellers
- 38% drop in overall teller turnover
- Increased sales and referrals
- Fewer and less costly cash handling and procedural errors
- Clearer job expectations and improved performance
- $430,000 direct cost savings in one year
Learn how the EASy Hiring Solution
can help you hire, develop, and retain the best tellers.
Click here to request
additional information or contact an EASy representative at 888.332.0648.