Employment and Jobs

Meet the CEO of the first U.S. bank to unionize in 40 years

August 13, 2023  • Randell Leach

The CEO of the first U.S. bank to unionize in 40 years: ‘We are living proof that the employee-versus-management dynamic doesn’t need to exist’

Article/ 8.13.2023

 

Randell Leach is the CEO of Beneficial State Bank.
Courtesy of Randell Leach

 

 

Unionization has been making headlines lately, with highly visible organizing efforts at some of the nation’s most well-known companies. These stories tend to capture an antagonistic relationship between employer and employee, exacerbated by union-busting tactics and us-versus-them narratives.

As the CEO of the first U.S. bank to unionize in over 40 years, I learned firsthand that it doesn’t need to be this way. In fact, if business leaders want happy employees and good business outcomes, they’ll need to embrace a more collaborative and compassionate approach–one centered on worker empowerment.

 

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