Improving the performance of a company or branch is the highest goal of management, whether it’s a fast food service that entertains a hundred people a day, or a bank that caters to thousands of clients. Financial institutions in particular need to closely guide their employees and staff in order to distinguish themselves from the many competing services that are opening up everyday. A big advantage that most banks have is their interbranch system. In almost all cities, one savings bank might have two or three branches spread across the downtown area. This is a good opportunity for them to work with each other instead of against one another. While branch competition can spur higher income from fees, clients appreciate it when branches work together to minimize costs and expedite transactions. Managers must therefore ensure that communication between branches and amongst employees is clear. With so many gadgets and technological advancements today, there is no excuse for employees not to be able to have access to the latest news and directives from upper management. Of course, the biggest motivating factor for workers is the employees’ compensation. This is one area where skimping out just a little bit can have a tremendous impact on the employees’ morale. It would be better to spend a bit more now on the employees the company currently has than to have to spend even more in the future in order to attract new workers to the bank.