ESL Ranked #17 on Training Top 125 for Workplace Development Programs
For 14th consecutive year, ESL recognized nationally among businesses across the U.S. for its unique training programs for employees
Rochester, NY — ESL Federal Credit Union is honored to announce that for the 14th consecutive year, Training Magazine named the locally owned financial institution one of the Training Top 125 for 2020.
ESL ranked #17 on the list, which includes other well-known companies such as Best Buy, Edward Jones, and Visa Inc., as well as local companies Paychex and ConServe. Top 125 companies were measured on several factors including training program and scope, tuition reimbursement, training infrastructure and delivery, evaluation and metrics, and human resources components. The list can be viewed at Training Magazine’s website, traingingmag.com.
“It’s an honor to be named once again to the prestigious Training Top 125 list, and affirms our commitment to delivering a superior employee experience through our extensive learning and development offerings,” says Maureen Wolfe, Senior Vice President/Director, Human Resources & Community Impact. “The investment in the growth of our employees is a major focus at ESL. We want to ensure we continuously offer the opportunities, training and classes that our employees seek to develop their careers at ESL.”
For companies today, investing in internal training is vital to attracting, retaining, and developing talent. Unemployment figures nationally, and in the Rochester region continue at record lows. While these figures are great news for the economy, low unemployment figures also mean many companies strain in finding, hiring, and retaining talent.
Promoting a superior employee experience is a key initiative for ESL. The company touts exceptionally low turnover, a rate of 13% in 2019, in part because of growth and development opportunities available to all employees. Last year, 71% of all jobs were filled from within, and 88% of leadership positions were filled internally.
ESL invests significant resources to provide valuable learning solutions to its workforce. Every employee of the organization has the opportunity to further his or her skillset through coursework offered each year. Courses include topics such as leadership development, diversity and inclusion, mentoring, and specific Microsoft Office program skills. Employees can also receive up to $5,250 of tuition aid each year for undergraduate or graduate coursework.
The March/April issue of Training Magazine profiles the top five companies and provides information about the training efforts of all 125 organizations. The list of 2020 honorees includes learning-focused organizations, — such as Dollar General at No. 1 and MasTec Utility Services at No. 2.
