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Commerce Bank Benefits
Employer Summary
At Commerce, we know monetary compensation is important to you. After all, we are a bank. But we haven’t thrived for 150 years by thinking it’s the only thing that’s important. That’s why we created a rewards program that gives you more than money.
Your health and wellness, financial security and work-life balance are important in helping us achieve our goals and ensure employee engagement and customer satisfaction. We know your needs are unique, and we strive to offer a competitive compensation program and an array of benefits that work best for you and your family.
We provide comprehensive health and welfare plans, using leading national administrators to provide networks and pay claims. For most benefits, coverage starts on the first of the month following 30 days of employment. Deductions are made on a pre-tax basis where allowed by current tax rules.
Our goal is to offer a competitive compensation program and a variety of benefits that work best for the unique needs of you and your family. Take a quick look at some of our benefits listed below. We think you’ll like what you see.
Employee Benefit Reviews
Showing 1–10 of 54 comments
Most Commented
- Health Insurance (9 comments)
“About $35 for an individual, but a lot more for a family. Kinda expensive.”
- Vacation & Paid Time Off (5 comments)
“I think their time off plan was great! The only issue I ever had with it, was finding another employee to fill in while I was gone.”
- Commerce BankFeb 08, 2020StarStarStarStarStar
Awesome benefits that get greater over ime
- Commerce BankJul 31, 2020StarStarStarStarStar
Prepare to be allotted accrued PTO that you are expected NOT to use. There is potential to be written up for using less than 40% of your sick pay. Being sick one week in a rolling 12 months is grounds for corrective action. Do everything you can to not get the flu or a bug.
- Commerce BankApr 22, 2020StarStarStarStarStar
Offer a variety of benefits, it cost of course by they do offer
- Commerce BankApr 05, 2020StarStarStarStarStar
A bit expensive for family
- Commerce BankOct 02, 2019StarStarStarStarStar
Even as a part-time employee I was offered paid time off, and that to me was surprising
- Commerce BankAug 26, 2019StarStarStarStarStar
The 401k match is somewhat underwhelming.
- Commerce BankJul 12, 2019StarStarStarStarStar
Average to slightly below average in all major benefits areas
- Commerce BankMay 22, 2019StarStarStarStarStar
Ability to purchase extra vacation days at the beggining of the year
- Commerce BankJun 04, 2019StarStarStarStarStar
401k Is muy intense
- Commerce BankMar 10, 2019StarStarStarStarStar
The full-time benefits are significantly better than the part -time benefits, however, as a part-time employee and full-time student, the benefits offered to me were exceptional and far better than what a part-time employee could expect to get most elsewhere.
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Legend:
Checkmark Employer Verified No Data
Insurance, Health & Wellness
- CheckmarkHealth Insurance (41)
- CheckmarkDental Insurance (12)
- CheckmarkFlexible Spending Account (FSA) (12)
- CheckmarkVision Insurance (12)
- Health Savings Account (HSA)
- CheckmarkLife Insurance (11)
- Supplemental Life Insurance
- CheckmarkDisability Insurance (10)
- Occupational Accident Insurance
- Health Care On-Site
- Mental Health Care
- Retiree Health & Medical
- Accidental Death & Dismemberment Insurance
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (41)
- Retirement Plan
- Employee Stock Purchase Plan
- Performance Bonus
- Stock Options
- Equity Incentive Plan
- Supplemental Workers' Compensation
- Charitable Gift Matching
Family & Parenting
- CheckmarkMaternity & Paternity Leave (38)
- Work From Home
- Fertility Assistance
- Dependent Care
- Adoption Assistance
- Childcare
- CheckmarkReduced or Flexible Hours (10)
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (42)
- CheckmarkSick Days (14)
- CheckmarkPaid Holidays (12)
- Volunteer Time Off
- Sabbatical
- Bereavement Leave
Perks & Discounts
- CheckmarkEmployee Discount (32)
- Free Lunch or Snacks
- CheckmarkEmployee Assistance Program (10)
- Gym Membership
- Commuter Checks & Assistance
- Pet Friendly Workplace
- CheckmarkMobile Phone Discount (7)
- Company Car
- Company Social Events
- Travel Concierge
- Legal Assistance
Professional Support
- Diversity Program
- Job Training
- CheckmarkProfessional Development (10)
- Apprenticeship Program
- CheckmarkTuition Assistance (12)
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Commerce Bank Response
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