Byline Bank Named in U.S. News & World Report’s 2024-2025 Best Companies to Work For In The Midwest

Rhea-AI Summary

Byline Bank has been recognized as one of the 2024-2025 Best Companies to Work For In The Midwest by U.S. News & World Report. This prestigious accolade highlights Byline Bank's commitment to meeting employee needs and creating a positive work environment. The recognition is based on factors such as pay and benefits, work-life balance, job stability, comfort, belongingness, and career opportunities.

Dana Rose, Chief Human Resources Officer at Byline Bank, expressed pride in this achievement, crediting the company's outstanding employees. The U.S. News ratings, which now include 549 companies across various lists, aim to reflect evolving employee sentiments in choosing ideal workplaces. Companies were evaluated based on Glassdoor reviews and data from partners like Revelio Labs, Good Jobs First, and QUODD.

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Byline Bank stood out as one of the top companies to meet employee needs

CHICAGO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Byline Bank has been named one of the 2024-2025 Best Companies to Work For In The Midwest by U.S. News & World Report, the global authority in rankings and consumer advice.

Byline Bank was rated among top companies in the Midwest on factors contributing to job seekers’ decision-making when choosing a workplace that best meets their needs.

“We are honored to be named a top workplace by U.S. News & World Report,” said Dana Rose, Chief Human Resources Officer at Byline Bank. “Our people are the heart of our company, and this recognition is a tribute to our outstanding employees who bring their best selves to work each day.”

U.S. News’ ratings reflect the evolving sentiments that factor into employee decision-making when choosing the “best” company to work for. The ratings then analyze that sentiment against other factors, including quality of pay and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, belongingness and esteem, and career opportunities and professional development.

“Choosing a company to establish yourself or take the next steps in your career is a critical decision for anyone,” said U.S. News Vice President, Careers, Carly Chase. “The 2024-2025 list includes companies that received high scores on multiple metrics that make up a positive work environment and everyday employee experience.”

This year, the ratings expanded to encompass 549 companies across the overall best company list, 24 industry lists and four regional lists. To calculate the U.S. News Best Companies to Work For list, U.S. News only considered companies that were a part of the Russell 3000 index as of June 2023 and had more than 75 Glassdoor reviews written between 2020-2023. The methodology, developed with the support of a panel of six experts also factors in data, including employee sentiment, gathered from U.S. News partners Revelio Labs, Good Jobs First, and QUODD.

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 $9.6 billion in assets and operates 46 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 Small Business Administration lenders in the United States according to the national SBA ranking by the U.S. Small Business Administration by volume FY2023. Byline Bank is a member of FDIC and an Equal Housing Lender. For more information, visit www.bylinebank.com.

About U.S. News & World Report
U.S. News & World Report is the global leader in quality rankings that empower consumers, business leaders and policy officials to make better, more informed decisions about important issues affecting their lives and communities. A multifaceted digital media company with Education, Health, Money, Travel, Cars, News, Real Estate, Careers and 360 Reviews platforms, U.S. News provides rankings, independent reporting, data journalism, consumer advice and U.S. News Live events. More than 40 million people visit USNews.com each month for research and guidance. Founded in 1933, U.S. News is headquartered in Washington, D.C.

Contacts:

Investors / Media:
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/46818b6e-b1b7-483a-8b93-34bd8575fe33

FAQ

What award did Byline Bank (BY) receive in 2024?

Byline Bank was named one of the 2024-2025 Best Companies to Work For In The Midwest by U.S. News & World Report.

What factors were considered in Byline Bank's (BY) workplace rating?

The rating considered factors such as quality of pay and benefits, work-life balance, job stability, physical and psychological comfort, belongingness, and career opportunities.

How many companies were included in the U.S. News Best Companies to Work For list in 2024?

The 2024-2025 list expanded to include 549 companies across overall best company, industry, and regional lists.

What data sources were used to evaluate Byline Bank (BY) for the U.S. News award?

The evaluation used Glassdoor reviews from 2020-2023 and data from partners including Revelio Labs, Good Jobs First, and QUODD.

Who commented on Byline Bank's (BY) recognition from U.S. News & World Report?

Dana Rose, Chief Human Resources Officer at Byline Bank, commented on the recognition, praising the company's outstanding employees.