KeyBank Benefits

4 out of 5 (23 comments)
Most talked about benefits
  • 401K Plan

    "Generous $1/$1 match up to 6% of pay." (5 comments)

  • Health Insurance

    "no charge for in-network urgent care visit" (5 comments)

  • Vacation & Paid Time Off

    "I used to receive over 30 days of personal time off, however, in the last couple of years, they have now capped it at 27 and you can not purchase…" (3 comments)

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

  • Health Insurance
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupation Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

Employee Comments

  • Mar 27, 2015
    Current Business Analyst in Overland Park, Kansas

    The benefits with Key are second to none. Depending on which group you are in, you could have extreme flexibility in WFH and Flex scheduling days. They offer an insane amount of PTO, 20 days to start out with, and you get bumped to 25 days after 5 years of service.
    When I first started, the PTO began accruing right away. I'm not sure if this is still the case though.
    The thing I like the most about the PTO is that they lump all forms of time off into a bank and you are free to use it how you please (assuming manager approval is given). This means if you are child free and are really healthy and never need to use a sick day, you can take 20 - 25 days of vacation to do whatever you want. There are no restrictions to how you use your time so long as your manager clears it.
    At the end of the year, if you have any PTO left over, you are able to carry over 5 days into a true "sick" bank which is nice to have as a 'just in case'. This caps out at 10 days.

    As for working hours, this is highly dependent on the group and manager. Some groups have employees coming in as early at 6:00PM and leaving at 3PM. Most groups I have been in have been pretty lax on when you come in, as long as you put in your standard 8 hours of work. Also dependent on managers/group, Working From Home 2 days a week is common, as are compressed schedules (4-10's, etc).

    401k is a $1 / $1 match up to 6% of pay, which starts after 1 full year of employment.

    I can't really say enough good things about the benefits this company offers.

  • Mar 17, 2015
    Current Teller in South Bend, Indiana

    401K match after 1 year, decent health care benefits to include dental and vision for a modest premium, 3 weeks paid time off starting with January after hire date, most fees on products are waived for employees and .5% discount off loan rates

  • Mar 3, 2015
    Current Employee in South Portland, Maine

    The benefits are pretty cost effective wth dental costing less than $10 per paycheck and the best insurance plan costing less than $50 per paycheck. My HSA is also funded partially by Key and partially by my own contributions.

  • Mar 5, 2015
    Former Vice President in Portland, Maine

    Starting Salary is very good compared to its peers. They also offered decent profit sharing opportunity and a fair 401K Match. The health care benefits were also very good, we has multiple options to choose from and a fantastic HSA option and Match. Of course all of this stuff is irrelevant if you get canned within 5 months.

  • Jan 18, 2015
    Current Relationship Manager in Columbus, Ohio

    Best thing about benefits:

    Three weeks vacation and paid holidays. Incentive plan is lucrative in you are a performer. Additional Perks called award points you can use to purchase things such as I-Pad's, Televisions, etc. Decent healthcare plan, high deductible though. Company contributes $500 annually if you perform your yearly health care requirement. Matching 401K.

    Worst thing about benefits: Higher out of pocket premiums than used to paying out, mostly due to Obama Care. Yearly salary increases don't keep up with inflation. Part-time employees no longer receive health care benefits. No overtime allowed.

  • Dec 29, 2014
    Former Employee in Seattle, Washington State

    KeyBank matches up to 6% of your 401K deduction. Dental plan is very minimal; costs to employee for medical keep increasing.

  • Dec 28, 2014
    Current Account Analyst II in Brooklyn, Ohio

    After five years of employment you get 25 days of PTO, plus all bank holidays. This is a great perk of Key. They also match 6% of your 401K and provide up to $4,000 a year undergrad or $6,000 graduate reimbursement.

  • Dec 27, 2014
    Current Employee in Portland, Maine

    Great 401k with 6% match and additional bonus at the end of the year.

  • Dec 16, 2014
    Current Employee in Medford, Oregon

    Key Bank is decently generous, they will match 6% on your 401k after your first year

  • Dec 10, 2014
    Current Employee in Cleveland, Ohio

    The Health Insurance could be better

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