KeyBank Employee Benefits: KeyBank cares about the health, well-being and financial situation of its employees. In order to promote a healthy lifestyle to help employees build financial health, KeyBank provides a set of KeyBank employee benefits plan.
The employee benefits of key banks are specifically designed to take care of the overall health of employees: physical, psychological, financial and social benefits. KeyBank employee discounts are also provided to help employees improve work efficiency and satisfaction at work from home.
Eligibility for KeyBank employee benefits depends on employment status; full-time or part-time, length of service, and position in the company. Read on to find out what benefits and discounts are available to KeyBank employees?
Employee Benefits Of KeyBank
KeyBank is committed to helping employees grow by rewarding and dedicating their health, well-being, and financial status.
As part of this commitment, KeyBank provides a full range of benefits designed around these ingredients to encourage health in all aspects of their lives.
Keybank Employee Health Benefits
KeyBank employees who work 30 hours or more a week are eligible to participate in the “critical medical benefit plan.”
Keybank offers a combination of three high deductible health plan options. Everyone has medical discounts/prescriptions and maximum out-of-pocket expenses.
Other benefits of KeyBank include:
- Health savings account
- Health reward
KeyBank employees who work 20 hours or more per week can also enjoy basic, supplementary, and marriage and child life insurance in addition to the following other insurance benefits:
- Fatal accident
- Serious illness
- Long-term deficit
- Short-term sick leave
- Business travel insurance
Keybank pays up to $300 per year to eligible employees, including memberships for individual employees or home fitness centres, fitness classes and personal trainer services.
KeyBank employees have access to online tools, health education and training, annual health checks, and activities to support their health.
Paid time off (PTO)
The PTO combines holidays, personal holidays and sick leave into a single working day so that all Keybank employees can choose.
Alternative work schedule and Mobile @ Key
The alternative work schedule policy and the Mobile @ Key plan help all employees achieve work-life balance by allowing flexible adjustments to work schedules or work locations.
Keybank can provide up to 6 weeks of paid parental leave to communicate with children after they are born, adopted or placed.
Keybank wants to support employees who are adoptive parents. Keybank provides adoption assistance to qualified employees through adoption resources, referral services and financial assistance, and provides adoption assistance of US$10,000 per calendar year.
Employee Assistance Program (EAP)
The KeyCorp Employee Assistance Program (EAP) is a free, professional and confidential service for Kaybank employees to get help when they or their family members need help.
- Parenting Resources
- Consultation (up to six free courses)
- Educational resources or daily life
- Homework help
- Help senior caregivers
- Community plan and employee matching gift plan
All Keybank employees can participate in various volunteers sponsored by the company and provide opportunities, including the “Employee Matching Gift Program” and other support for qualified non-profit organizations and increase donation opportunities through KeyBank Foundation.
Career development plan
Keybank employees have access to various learning opportunities, comprehensive career development tools and mentoring plans.
KeyBank’s financial situation
Keybank 401(k) Savings Plan
In each payment period after one year of bank service, the key matches the U.S. dollar to the U.S. dollar, up to the top 6% of your qualified salary. Employees can make pre-tax or after-tax Ross contributions, or both, by deducting appropriate taxes from their payroll. The Keybank 401(k) savings plan also includes discretionary profit-sharing donations.
Employee banking and other discount plans
Keybank offers a variety of exclusive banking products and services, as well as discounts for its employees from major suppliers and online retailers.
Discounted inventory purchase plan
Eligible Keybank employees have the opportunity to purchase KeyCorp common stock at a monthly discount of 10% by deducting wages.
Legal and financial services
Key’s employee assistance program can provide legal support, lawyer recommendation and financial advice.
Key’s Commuter Savings Plan allows eligible recipients to use pre-tax fees to pay for previous parking or public transportation costs
Keybank provides educational assistance by paying tuition fees to qualified students studying in regionally recognized schools.
Key’s Hardship Relief Fund provides up to $3,000 in financial assistance to employees who experience unexpected life events and natural disasters each renewable calendar year.
KeyBank supports employee families by providing employees’ children with the opportunity to receive a $2,500 college scholarship, which can be renewed annually for two- and four-year undergraduate courses.
KeyBank employee benefits summary
The following is a brief overview of all KeyBank employee benefits packages and KeyBank employee discounts:
- Key’s alternative work schedule and [email protected] program policy
- KeyBank’s health benefits are covered in medical, dental and vision plans.
- KeyBank 401K plan and study aid plan
- KeyCorp Employee Assistance Program (EAP)
- 6 weeks maternity leave and 4 weeks paternity leave
- Tuition reimbursement plan, adoption assistance and employee assistance
On-site health centre
Employee Stock Purchase Plan and Employee Stock Purchase Plan (ESPP)
Emergency financial assistance
Key’s Hardship Relief Fund and Key’s Passenger Saving Plan
Employee discounts and bank benefits
Overall, KeyBank’s employee benefits are unique and quite comprehensive, which ensures a higher and higher employee retention rate.
KeyBank Customer Service
- Call KeyBank Customer Service: 1-800-KEY2YOU® (539-2968)
- Customers using TDD/TTY: 1-800-539-8336
- Customers using relay service: 1-866-821-9126
- Main investment services: If you have any investment questions, please call 1-888-KIS2YOU
- Personal Banking Service
- Small business
- Wealth management
- Looking for experts from companies and institutions
- Mortgage customer service
I hope you are satisfied with the detailed information about KeyBank employee benefits and discounts provided here. However, if you have any queries regarding Keybank employee benefits. Or you want to know about any other customer surveys or any login guide. Do write in the comment section below or write to us at [email protected]