Millennials at Cathay Bank | Comparably
Cathay General  provides commercial banking products and services for individuals and professionals. read more
EMPLOYEE
PARTICIPANTS
46
TOTAL
RATINGS
321

Millennials at Cathay Bank

Millennials at Cathay Bank grade their overall culture a C; also rating it 64/100, 7 points lower than Cathay Bank's overall culture as rated by all 46 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at Cathay Bank think their company is performing well in are: CEO Rating (A+), Leadership (A), and Environment, (A).

Work Life Balance & Community Outreach at Cathay Bank

Millennials working at Cathay Bank and everywhere else are striving for a balanced life. At Cathay Bank, the majority of employees are satisfied with their work life balance. The average Cathay Bank employee receives 15-20 paid days off per year, and socializes with their peers never outside of work. See what employees at Cathay Bank think about their work life balance.

AnswerPercent
Yes50%
No50%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days0%
15-20 days67%
10-15 days33%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly0%
Monthly0%
Sometimes0%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Cathay Bank

Within Los Angeles, 38% of millennials shared they have a mentor. At Cathay Bank, 67% of millennials say they receive mentorship, which leads to the assumption that Cathay Bank is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Cathay Bank.

AnswerPercent
Yes67%
No33%
Do you have a mentor at work?
AnswerPercent
Yes100%
No0%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Cathay Bank

Employees at Cathay Bank have ranked their perks and benefits in the Top 25% of companies within Los Angeles and in the Top 15% of similarly-sized companies on Comparably. When asked to estimate how much employees think Cathay Bank spends on their benefits, the most common answer selected is less than $500/mo. Learn about perks & benefits at Cathay Bank.

AnswerPercent
Yes83%
No17%
Are you satisfied with your Benefits?
AnswerPercent
Yes33%
No67%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training67%
Decision Making0%
Fun Culture0%
Retirement Contribution33%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Cathay Bank

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Cathay Bank employees rate their work life balance a B. They do not think highly of Cathay Bank's professional growth opportunities. Employees have graded Cathay Bank's perks and benefits an A-. These ratings and reviews lead us to conclude that Cathay Bank is an excellent company for the millennial workforce. Learn more about Cathay Bank's efforts to retain employees.

AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes100%
No0%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
×
Rate your company