Financial Institutions Labor and Employment

Financial institutions have special challenges in labor and employment matters and human resource management, which arise from such diverse areas as regulatory restrictions to high employee turnover in lower wage positions. Stevens & Lee combines an understanding of the needs of employers with its broad experience in labor and employment matters to provide financial institution clients with practical solutions to complex problems.

Workforce restructuring presents unique challenges to financial institution employers both in the context of mergers and acquisitions and in re-aligning the workforce to meet internal and external economic challenges. Our experience representing financial institution employers has given us an understanding of how services are delivered to customers and allows us to provide creative solutions to staffing model problems. We assist in analyzing staff reduction decisions to ensure that potential claims of employment discrimination are minimized.

Stevens & Lee has extensive experience representing employers in union organizing, as well as collective bargaining, and have represented financial institutions whose employees were represented by a union.

Recent rulings and guidance issued by the National Labor Relations Board has made it more important for non-union employers to ensure their policies and practices, in particular those regarding employee use of social media, do not interfere with the legal rights of employees who are not currently represented by unions to engage in protected, concerted activity. Stevens & Lee provides assistance to financial institution clients in revising and crafting human resources policies to ensure compliance.