Social media is no longer just social — it’s business. LinkedIn, Instagram, and Facebook have become a vital part of the marketing strategy for most businesses as they offer a quick and effective way to reach potential customers with targeted messaging and showcase values, community involvement, etc.
But your institution’s official social media accounts aren’t the only representatives of its brand online. Thanks to the smartphones in our pockets, social sites have become a constant part of our daily lives. And the same global platform that empowers an institution to put out its professional message also provides a means of self-expression and exposure to employees.
Even if they aren’t posting to these social media sites during work hours, employees are likely active online outside the business day, and what they react to, share, and say from their accounts can reflect on the business they work within. And in some instances, the information employees broadcast over social media might even unintentionally expose an institution to compliance risk or compromise operations and security.
That’s why it’s imperative for employees of banks, credit unions, and other financial institutions to be mindful of best practices for social media in both personal and professional settings. Below are some dos and don’ts:
DON'T:
DO:
Social media can be a powerful — and fun — tool. And it’s certainly not going anywhere anytime soon. With that in mind, remember to encourage colleagues to use platforms responsibly.