Commerce Bank Employee Benefits and Perks | Glassdoor

Commerce Bank Benefits

Location: US
44 Ratings

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 45 comments

Most Commented

  • Health Insurance  (9 comments)

    “About $35 for an individual, but a lot more for a family. Kinda expensive.”

  • 401K Plan  (6 comments)

    “Commerce provided a 50% company match starting at 7% of your paycheck and increasing incrementally the longer you stay with the company.”

  • 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.”

  • Mar 10, 2019
    StarStarStarStarStar Former Personal Banker in Lawrence, Kansas

    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.

  • Jan 29, 2019
    StarStarStarStarStar Former Personal Banker II in Columbia, Missouri

    Commerce Bank offers great benefits, and is a solid bank. Some tension can arise between front end sales and underwriting. Incentive structure is designed to keep employees from earning too much

  • Aug 26, 2018
    StarStarStarStarStar Current Transaction Specialist in Lenexa, Kansas

    United Healthcare's coverage for hospitalization is excellent, but copays can be high. My $63,000 gall bladder surgery ended up costing me $2,000.

  • Aug 03, 2018
    StarStarStarStarStar Former Personal Banker 2 in Saint Louis, Missouri

    the benefits for a family are expenisve! 350$ per paycheck it was myself husband and one child.

  • Apr 07, 2018
    StarStarStarStarStar Former Employee in Kansas City, Missouri

    Generous 401K match that gets better with length of employment. Good PTO and all the Federal Holidays, too.

  • Mar 25, 2018
    StarStarStarStarStar Current Employee in Kansas City, Missouri

    Health insurance is okay for an individual, but expensive for a family. 401k is okay, but it increases with age.

  • Feb 08, 2018
    StarStarStarStarStar Former Software Developer in Kansas City, Missouri

    High medical premium, decent 401k matching program although you have to be there for a while to get the full match, cheap dental and eye

  • Aug 14, 2017
    StarStarStarStarStar Current Product Support Specialist in Kansas City, Missouri

    Pay is lower than industry average. Everything else is standard.

  • Jun 26, 2017
    StarStarStarStarStar Former Personal Banker I in Columbia, Missouri

    I forget what the program was called, but they had a program where you made healthy choices to earn points and after you got so many you could redeem them. We turned it into a friendly competition in my branch and had a lot of fun with it.

  • May 31, 2017
    StarStarStarStarStar Current Employee in Kansas City, Missouri

    The health care is very expensive. They promise you a bonus package but don't tell you it's on achievable for the majority of employees

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (35)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • CheckmarkMaternity & Paternity Leave (31)
  • 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

Professional Support

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