Press release:
ESL Federal Credit Union is honored to announce that for the 14th consecutive year, Training Magazine has named the locally owned financial institution one of the Training Top 125. ESL has an office in Towne Center at Batavia on Veterans Memorial Drive.
ESL ranked #17 on the 2020 list, which includes other well-known companies such as Best Buy, Edward Jones and Visa, as well as local companies Paychex and ConServe.
Top 125 companies are 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,” said Senior Vice President/Director, Human Resources & Community Impact Maureen Wolfe.
“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 percent in 2019, in part because of growth and development opportunities available to all employees. Last year, 71 percent of all jobs were filled from within and 88 percent of leadership positions were filled internally.
ESL invests significant resources to provide valuable learning solutions to its workforce. Every employee has the opportunity to further his or her skill set 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 5 companies and provides information about the training efforts of all 125 organizations. The list of 2020 honorees also includes Dollar General at No. 1 and MasTec Utility Services at No. 2.
About ESL Federal Credit Union
With 100 years of locally owned history, ESL Federal Credit Union serves as a full-service financial institution to more than 369,000 members. Founded in 1920, the company provides personal, business banking and wealth management services through its locally based 22-branch network, telephone, mobile, online and live chat center.
The Rochester-based financial institution employs more than 850 people in in the Greater Rochester area and holds more than $6.8 billion in assets. The company has appeared on the Great Place to Work® Best Small & Medium Workplaces list for nine years, since 2010. ESL Federal Credit Union is headquartered at 225 Chestnut St. in Rochester and can be found online at www.esl.org.
