Byline Bank Named a 2024 Best Workplace in Illinois and Chicago

Rhea-AI Summary

Byline Bank has achieved dual recognition as a top workplace for 2024, being named among Chicago's Best Workplaces by the Chicago Sun-Times and Best Workplaces in Illinois by the Illinois Society for Human Resource Management. The bank ranked in the top 25 workplaces in Chicago and secured 6th position among large companies.

The recognition process involved a comprehensive two-part evaluation: workplace policies and practices (25% of total evaluation) and employee experience surveys (75%). Dana Rose, Chief Human Resources Officer, emphasized the significance of employee feedback in securing these awards and highlighted the bank's commitment to fostering a collaborative workplace culture.

Chicago Sun-Times and the Illinois Society for Human Resource Management both recognized Byline Bank in their annual employer awards.   

CHICAGO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Chicago Sun-Times has named Byline Bank one of Chicago’s Best Workplaces for 2024, ranking the bank as one of the top 25 workplaces in the city and 6th among large companies. Byline Bank was also recently named one of the 2024 Best Workplaces in Illinois by Best Companies Group and the Illinois Society for Human Resource Management (SHRM).

“It’s an honor to have Byline Bank recognized as one of the Best Workplaces in Chicago and Illinois, especially because employee feedback was a significant factor in both award wins,” said Dana Rose, Chief Human Resources Officer at Byline Bank. “At Byline, we take pride in fostering a collaborative and welcoming workplace culture where employees at all levels can have a hand in shaping our growing organization.”

Chicago’s Best Workplaces is an annual program created by Chicago Sun-Times and Best Companies Group to identify, recognize and honor the best employers in Chicago, benefiting the area's economy, workforce and businesses. Best Companies Group partners with the Illinois SHRM to identify top employers statewide for the annual Best Workplaces in Illinois program. Byline Bank has been named to both Best Workplaces lists this year.

Companies from across Chicago and Illinois entered a two-part survey process to determine both Chicago’s Best Workplaces and Best Workplaces in Illinois. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation.

The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process, analyzed the data and determined the final rankings.

For more information on Byline careers and the latest company news and events, visit bylinebank.com/news.

About Byline Bank
Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE: BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.4 billion in assets and operates over 40 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender.

Visit bylinebank.com for more information, and follow Byline Bank on Facebook, LinkedIn, X or Instagram for the latest news and updates.

Media Contact:
Allison Roche
Marketing Communications & Partnerships Manager
Byline Bank
aroche@bylinebank.com

Investor Contact:
Brooks Rennie
Investor Relations Director
Byline Bank
(312) 660-5805
brennie@bylinebank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ea2af66-bf0c-4b55-82dd-2e3068495869

FAQ

What rankings did Byline Bank (BY) achieve in the 2024 Chicago workplace awards?

Byline Bank ranked among the top 25 workplaces in Chicago and placed 6th among large companies in the Chicago Sun-Times' 2024 Best Workplaces awards.

How was Byline Bank's 2024 workplace recognition evaluated?

The evaluation consisted of two parts: workplace policies and practices assessment (25%) and employee experience surveys (75%). Best Companies Group managed the process and determined final rankings.

Which organizations recognized Byline Bank as a top workplace in 2024?

The Chicago Sun-Times and the Illinois Society for Human Resource Management (SHRM) both recognized Byline Bank as a top workplace for 2024.

What makes Byline Bank's 2024 workplace awards significant?

The awards are particularly significant because employee feedback was a major factor, accounting for 75% of the evaluation process through employee experience surveys.