Millennials at Eastern Bank | Comparably
Eastern Bank is the largest independent, mutually owned bank in New England and the largest community bank in Massachusetts. read more
EMPLOYEE
PARTICIPANTS
37
TOTAL
RATINGS
361

Millennials at Eastern Bank

Millennials at Eastern Bank grade their overall culture an A+; also rating it 80/100, 6 points higher than Eastern Bank's overall culture as rated by all 37 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues.

Work Life Balance & Community Outreach at Eastern Bank

Millennials working at Eastern Bank and everywhere else are striving for a balanced life. At Eastern Bank, most employees are satisfied with their work life balance. The average Eastern Bank employee receives 0-10 days paid days off per year, and socializes with their peers multiple times a week outside of work. See what employees at Eastern Bank think about their work life balance.

AnswerPercent
Yes100%
No0%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days0%
15-20 days0%
10-15 days0%
0-10 days100%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly33%
Monthly67%
Sometimes0%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Eastern Bank

Within Boston, 41% of millennials shared they have a mentor. At Eastern Bank, 33% of millennials say they receive mentorship, which leads to the assumption that Eastern Bank is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Eastern Bank.

AnswerPercent
Yes33%
No67%
Do you have a mentor at work?
AnswerPercent
Yes100%
No0%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Eastern Bank

Employees at Eastern Bank have ranked their perks and benefits in the Bottom 45% of companies within Boston and in the Top 40% of similarly-sized companies on Comparably. When asked to estimate how much employees think Eastern Bank spends on their benefits, the most common answer selected is $2500+/mo. Learn about perks & benefits at Eastern Bank.

AnswerPercent
Yes64%
No36%
Are you satisfied with your Benefits?
AnswerPercent
Yes100%
No0%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training100%
Decision Making0%
Fun Culture0%
Retirement Contribution0%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Eastern Bank

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Eastern Bank employees rate their work life balance a B-. They think highly of Eastern Bank's professional growth opportunities. Employees have graded Eastern Bank's perks and benefits a B-. These ratings and reviews lead us to conclude that Eastern Bank is an excellent company for the millennial workforce. Learn more about Eastern Bank's efforts to retain employees.

AnswerPercent
Yes33%
No67%
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?
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