IBC Bank Company Culture
IBC Bank Culture
This score is derived from employee ratings & reviews2.6/5
IBC Bank's Overall Culture is rated D
Top Rated Culture Dimensions
eNPS
C-Executive Team
D+Leadership
D+Manager
D+Meetings
D+IBC Bank CEO
Bottom 15%Bottom 15% of Similar Size Companies on Comparably
Bill Schonacher
55 /100
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Diversity at IBC Bank
N/A
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Anonymously Rate Your Experience & Make Work BetterWomen at IBC Bank
N/A
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Anonymously Rate Your Experience & Make Work BetterIBC Bank eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 35%Bottom 35% of Similar Size Companies on Comparably
Recommend to a Friend?
-15
IBC Bank employees are -15% more likely to recommend IBC Bank as a great place to work
| 40% | Promoters |
|---|---|
| 5% | Passives |
| 55% | Detractors |
Working at IBC Bank
Working at IBC Bank is rated below average by 24 employees, across various culture dimensions. IBC Bank employees rate eNPS highest among all categories, and think that Perks And Benefits and Compensation have the most room for improvement, putting IBC Bank’s culture in the Bottom 20% compared to similar sized companies on Comparably and in the Bottom 15% compared to other companies in Buffalo, NY. See below in detail how working at IBC Bank was rated by employees.
Overall Company Culture at IBC Bank
D
Overall Company Culture at IBC Bank is rated D
Last updated months ago
Bottom
20%
IBC Bank ranks in the Bottom 20% of other companies on Comparably with 51-200 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterIBC Bank Employee Reviews
Out of 21 IBC Bank employee reviews, 37% were positive. The remaining 63% were constructive reviews with the goal of helping IBC Bank improve their work culture.
| Positive Reviews | 37% |
|---|---|
| Constructive Feedback | 63% |
Positive Reviews From IBC Bank Employees
- What do you like best about the leadership team?Good training program, but tedious.
- What is most positive about the culture and environment at your company?There is a sense of community and family amongst employee and management. Everyone gets along and seems to enjoy their jobs.
- What makes you most happy at work?The opportunity to learn about the banking profession and knowing that this is a good stepping stone to better banking positions.
Constructive Feedback From IBC Bank Employees
- What does the leadership team need to get better at?They need to be courteous. They need to stop being rude. They need to agree on what is essential, they need to stop pulling non essential reports out of nothing. They need to be competitive in the market.
- What does the leadership team need to get better at?The bank requires a lot from the employees, pays the lowest comparing with other banks, very unprofessional atmosphere of work and full of non motivated (negative) employees. The team is good, t but the way the CEO runs the bank is just about himself and shareholders. I hope this helps.
- Why do you feel undervalued and what would make you feel better about your compensation?Very low pay, particularly at the start. You're put on a 90 day probation where you can't make commission of opening and selling new accounts. Only commission comes from referrals.
IBC Bank Company Information
IBC Bank Company Overview
Intervest Bancshares is a provider of commercial and consumer banking services.
| Headquarter | York, NY United States of America |
|---|---|
| Website | www.ibc.com/ |
| Founding Date | 1993 |
| Company Status | Public |
IBC Bank Employees
24 employees at IBC Bank have reviewed IBC Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 24 IBC Bank employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at IBC Bank are mostly dissatisfied with their total compensation at IBC Bank, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at IBC Bank are generally satisfied with their team. 24 Participants grade the quality of their coworkers a D. Less than half believe the meetings at IBC Bank are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at IBC Bank believe the environment at IBC Bank is positive. Most Participants believe the pace of work at IBC Bank is moderate. About 40% of the employees at IBC Bank work 8 hours or less.
Overall, the employees at IBC Bank are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining IBC Bank - Employee Onboarding
The prevailing opinion from Comparably users in Buffalo, NY about their company is that it was prepared on their first day. Buffalo, NY employees concluded that their overall onboarding experience was positive. 70% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
IBC Bank KPIs and OKRs
At this moment no IBC Bank employees have provided insight into whether or not they clearly understand IBC Bank's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
IBC Bank Salaries
How much does IBC Bank pay?
How much do people at IBC Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at IBC Bank is $100,725, or $48 per hour, while the estimated median salary is $110,396, or $53 per hour.
At IBC Bank, the highest paid job is a Director of Engineering at $166,039 annually and the lowest is an Admin Assistant at $44,554 annually. Average IBC Bank salaries by department include: Marketing at $151,962, Finance at $73,050, HR at $89,970, and IT at $83,553. Half of IBC Bank salaries are above $110,396.
12 employees at IBC Bank rank their Compensation in the Bottom 15% of similar sized companies in the US (based on 32 ratings) while 10 employees at IBC Bank rank their Perks And Benefits in the Bottom 10% of similar sized companies in the US (based on 10 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $65k | $65k | 1st Percentile |
20th Percentile $87k | $87k | 20th Percentile |
40th Percentile $108k | $108k | 40th Percentile |
60th Percentile $178k | $178k | 60th Percentile |
80th Percentile $232k | $232k | 80th Percentile |
100th Percentile $318k | $318k | 100th Percentile |
$100,725*
Average Compensation
$110,396*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
IBC Bank Salaries by Department
Diversity & Inclusion at IBC Bank
The Diversity score provides insights into how diverse employees feel and rate their work experience at IBC Bank across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
IBC Bank Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Tuition Reimbursement
- Employee Stock Purchase Plan
Office Perks
- Unique Office Space
IBC Bank PTO
IBC Bank PTO policy is a critical component of the benefits package offered to employees.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
IBC Bank Careers
IBC Bank Jobs
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Frequently Asked Questions regarding IBC Bank
Who is the CEO of IBC Bank?
IBC Bank CEO is Bill Schonacher, their score by employees is 55
What is IBC Bank eNPS?
The eNPS for IBC Bank is -15
What is the salary for Jr Developer in IBC Bank?
Jr Developer average salary in the US is 74k
What are the salaries in the IT in IBC Bank?
The average salaries for IT in IBC Bank is 84k
What are the benefits at IBC Bank?
IBC Bank perks and benefits are Dental Insurance, Vision Insurance, Health Insurance, Life Insurance, PTO / Vacation Policy, Paid Holidays, Maternity / Paternity Leave, 401K / Retirement Plan, Tuition Reimbursement, Employee Stock Purchase Plan & Unique Office Space
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