Canonical URL: https://giftcard.news/rewards-loyalty/banks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a/ --- description: Whistle’s banking employee infographic reports a preference for cash and paid time off, with 61% of respondents wanting weekly or monthly rewards. title: Whistle’s 2023 banking survey highlights demand for frequent employee rewards image: https://giftcard.news/images/social/v1/whistle-s-2023-banking-survey-highlights-demand-frequent-employee-rewards-15c879fc1ff91e622ce64df5cff40432.jpg --- 1. [Home](https://giftcard.news/) 2. [Rewards & Loyalty](https://giftcard.news/rewards-loyalty/) # Whistle’s 2023 banking survey highlights demand for frequent employee rewards Whistle’s banking employee infographic reports a preference for cash and paid time off, with 61% of respondents wanting weekly or monthly rewards. By [Daniel Brooks](https://giftcard.news/author/daniel-brooks/) June 14, 2023 1 min read Share [ ](https://x.com/intent/post?url=https%3A%2F%2Fgiftcard.news%2Frewards-loyalty%2Fbanks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a%2F%3Futm%5Fsource%3Dx%26utm%5Fmedium%3Dsocial&text=Whistle%E2%80%99s%202023%20banking%20survey%20highlights%20demand%20for%20frequent%20employee%20rewards "X") [ ](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fgiftcard.news%2Frewards-loyalty%2Fbanks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a%2F%3Futm%5Fsource%3Dlinkedin%26utm%5Fmedium%3Dsocial "LinkedIn") [ ](https://wa.me/?text=Whistle%E2%80%99s%202023%20banking%20survey%20highlights%20demand%20for%20frequent%20employee%20rewards%20https%3A%2F%2Fgiftcard.news%2Frewards-loyalty%2Fbanks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a%2F%3Futm%5Fsource%3Dwhatsapp%26utm%5Fmedium%3Dsocial "WhatsApp") ![Source image for Banks are Missing the Mark on Employee Loyalty](https://giftcard.news/images/variants/v1/whistle-s-2023-banking-survey-highlights-demand-frequent-employee-rewards-source-image-w540.webp) Photo: Source: wewhistle.com [Whistle](https://giftcard.news/company/whistle/) has published findings from its 2023 Banking Employee Survey showing a gap between job satisfaction and employees’ stated intention to stay. Its June infographic reports that 78% of respondents were satisfied with their job, while 53% said they were likely to leave within the following year. Limited career opportunities were cited by 51% among reasons for considering a departure. Inadequate rewards and not feeling valued were each reported at 40%. The reward preferences in the infographic put paid time off at 77% and cash at 70.5%, followed by travel at 43.5%. Whistle contrasts those preferences with banks’ use of merchandise catalogs and gift cards. Frequency was another issue. The company reports that 61% wanted rewards weekly or monthly, while describing quarterly or annual recognition as common in the sector. Whistle also reports demand for better reward tools and criticizes cumbersome approval and administrative processes. The figures describe respondents to its 2023 survey and their preferences or intentions at that time. The infographic connects the choice of reward with career opportunities, appreciation and how promptly recognition reaches employees. ## Sources and documents ExpandCollapse * [Banks are missing the mark on employee loyalty - Whistle](https://wewhistle.com/banks-are-missing-the-mark-on-employee-loyalty/?utm%5Fsource=giftcard.news) — wewhistle.com ## In this article ### Companies * [Whistle](https://giftcard.news/company/whistle/) Share [ ](https://x.com/intent/post?url=https%3A%2F%2Fgiftcard.news%2Frewards-loyalty%2Fbanks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a%2F%3Futm%5Fsource%3Dx%26utm%5Fmedium%3Dsocial&text=Whistle%E2%80%99s%202023%20banking%20survey%20highlights%20demand%20for%20frequent%20employee%20rewards "X") [ ](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fgiftcard.news%2Frewards-loyalty%2Fbanks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a%2F%3Futm%5Fsource%3Dlinkedin%26utm%5Fmedium%3Dsocial "LinkedIn") [ ](https://wa.me/?text=Whistle%E2%80%99s%202023%20banking%20survey%20highlights%20demand%20for%20frequent%20employee%20rewards%20https%3A%2F%2Fgiftcard.news%2Frewards-loyalty%2Fbanks-are-missing-the-mark-on-employee-loyalty-d8de1cec153a%2F%3Futm%5Fsource%3Dwhatsapp%26utm%5Fmedium%3Dsocial "WhatsApp") ![Portrait of Daniel Brooks](https://giftcard.news/images/variants/v1/daniel-brooks-editorial-portrait-w320.webp) About the author ## [Daniel Brooks](https://giftcard.news/author/daniel-brooks/) Journalist — Payments, Security & PCI DSS Daniel Brooks covers payment networks, financial technology, payment security, gift card fraud and PCI DSS for Gift Card News. From reading to building ## Your next move in gift cards. Tell us what you’re building. We’ll help you explore suitable providers. [Find a provider ](https://giftcard.news/find-a-provider/) ## Related articles [Rewards & Loyalty](https://giftcard.news/rewards-loyalty/) News ### [Giftbit’s Research Incentive Guide Puts Unclaimed Gift Cards and Privacy in Focus](https://giftcard.news/rewards-loyalty/giftbit-research-incentives-unclaimed-gift-cards-privacy/) [Maya Bennett](https://giftcard.news/author/maya-bennett/) September 17, 2026 2 min [Rewards & Loyalty](https://giftcard.news/rewards-loyalty/) News ### [Yoyo Reports Platō Loyalty Results a Year After Card-Linked Launch](https://giftcard.news/rewards-loyalty/yoyo-plato-card-linked-loyalty-first-year-results/) [Maya Bennett](https://giftcard.news/author/maya-bennett/) September 16, 2026 2 min [Rewards & Loyalty](https://giftcard.news/rewards-loyalty/) News ### [Prezzee sets out employee gift card options for work anniversaries](https://giftcard.news/rewards-loyalty/prezzee-employee-gift-card-options-work-anniversaries/) [Maya Bennett](https://giftcard.news/author/maya-bennett/) September 15, 2026 2 min ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://giftcard.news/#publisher","name":"Gift Card News","url":"https://giftcard.news/","logo":{"@type":"ImageObject","url":"https://giftcard.news/brand/giftcard-news-logo.svg"}},{"@type":"Person","@id":"https://giftcard.news/author/daniel-brooks/#person","name":"Daniel Brooks","url":"https://giftcard.news/author/daniel-brooks/","description":"Daniel Brooks covers payment networks, financial technology, payment security, gift card fraud and PCI DSS for Gift Card News.","jobTitle":"Journalist — Payments, Security & PCI DSS","image":{"@type":"ImageObject","url":"https://giftcard.news/images/daniel-brooks-editorial-portrait.webp","contentUrl":"https://giftcard.news/images/daniel-brooks-editorial-portrait.webp","width":256,"height":256,"caption":"Illustrated portrait representing the Daniel Brooks editorial 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