Synovus Benefits

3.8
51 Ratings

Employee Benefit Reviews

Showing 1–10 of 51 comments

Most Commented

Sep 4, 2020
Former Manager in Columbus, Georgia

Great insurance, 401k, and 21 days of PTO.

Aug 20, 2020
Current Employee

401k match is very good. Time off is good, insurance ok and other benefits like stock purchase plan are good.

Mar 21, 2020
Former VP Business Development in North Atlanta, Georgia

Average benefits overall, not much else.

Mar 1, 2020
Former Employee

Great package, health, 401, vacation, sick

Feb 25, 2020
Former Employee

Company offers great benefits package

Mar 11, 2020
Former Employee

Medical is expensive for families

Jan 2, 2020
Current Employee

There is no paternity leave other than using whatever time you get at the beginning of the year.

Jun 14, 2019
Former Loan Review Specialist II in Alpharetta, Georgia

Health insurance is ok. It does the job.

Jun 9, 2019
Current Licensed Lead Relationship Banker in Columbus, Georgia

Good benefits but lower than average salary

May 12, 2019
Current Employee

Synovus offer a very good benefits package for a bank its size, though it just got about a third larger via acquisition. Health and dental are through Blue Cross Blue Shield GA. Employees have options deductible level options, which affects the monthly premiums. The premiums are very reasonable, as are deductible levels. The only gripe I have with the health plans are the high Max Out-of-Pocket levels, which can bite if you have any unexpected medical procedures. The company match on 401k is up to 5% of salary, up from 4% just a couple of years ago. Synovus uses Fidelity to manage its 401k, which is excellent. Pretty good investment options and great online platform for users. Incentive plans can be lucrative, though they depend on job so I won't comment further. Vacation is so-so. Not the worst, but certainly not a leader. I came from a previous employer where I had 4 weeks of vacation, but Synovus would only offer a maximum of 3 weeks. Synovus offers a generous tuition reimbursement plan, which was recently reinstated after having been suspended during the downturn. Employee stock purchase plan with 15% discount. Coming from a bigger bank with great benefits, Synovus stands on its own, and has even gotten better over time. I would think Synovus is head and shoulders above its peer group in terms of benefits.

Viewing 1-10 of 51

Benefits Summary

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

Legend:Employer VerifiedNo Data

Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

  • Maternity & Paternity Leave (30)
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Perks & Discounts

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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