Netchex

Teller and branch staff turnover has been a persistent problem for banks and credit unions, and it hasn’t gotten easier. Entry-level teller roles compete directly with retail and hospitality jobs for the same labor pool, often at similar starting wages, while the job itself carries more compliance responsibility and less flexibility. For many financial institutions, reducing ...

Retail has long had one of the highest turnover rates of any industry, and 2026 hasn’t changed that pattern. Between seasonal hiring cycles, entry-level wages, and the physical demands of store work, retail employers routinely see annual turnover rates far above the average for the broader workforce. Understanding where that turnover is coming from, and what actually moves th...

Pay transparency laws have spread quickly across the country, and retail employers are feeling the effects more than most industries. With high volumes of hourly hires, frequent job postings, and store managers who often handle recruiting locally, retail HR teams need a clear, consistent approach to pay transparency that works across every location and every open role.

Financial services employers face a payroll challenge that most industries don’t: they have to run consistent, accurate payroll across dozens or hundreds of branch locations while also satisfying a dense layer of federal and state regulatory requirements. Banks, credit unions, and other regulated financial institutions can’t treat payroll as a back-office afterthought — error...

Many employers don’t manage benefits alone. A benefits broker helps select plans, negotiate rates, and guide open enrollment, but the payroll system still has to do the heavy lifting: deducting the right premiums, keeping census data current, and making sure every enrollment change actually shows up on the next paycheck. When payroll and the broker’s systems don’t talk to eac...