Millennials at IDB Bank | Comparably
IDB Bank Claimed Company
IDB Bank is a New York State-chartered commercial bank and a member of the FDIC. IDB specializes in Private Banking and Commercial Banking services. read more
EMPLOYEE
PARTICIPANTS
21
TOTAL
RATINGS
213
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Millennials at IDB Bank

Millennials at IDB Bank grade their overall culture a D; also rating it 60/100, 6 points higher than IDB Bank's overall culture as rated by all 21 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at IDB Bank think their company is performing well in are: CEO Rating (A+), Executive Team (A), and Team, (B).

Work Life Balance & Community Outreach at IDB Bank

The average IDB Bank employee receives 15-20 paid days off per year, and socializes with their peers once a month outside of work. See what employees at IDB Bank think about their work life balance.

AnswerPercent
Yes0%
No100%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days50%
15-20 days50%
10-15 days0%
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 IDB Bank

Within New York, 34% of millennials shared they have a mentor. See what employees think about mentorship and professional growth at IDB Bank.

AnswerPercent
Yes0%
No100%
Do you have a mentor at work?
AnswerPercent
Yes0%
No100%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at IDB Bank

Employees at IDB Bank have ranked their perks and benefits in the Bottom 5% of companies within New York and in the Bottom 5% of similarly-sized companies on Comparably. When asked to estimate how much employees think IDB Bank spends on their benefits, the most common answer selected is $1000 -$1500/mo. Learn about perks & benefits at IDB Bank.

AnswerPercent
Yes33%
No67%
Are you satisfied with your Benefits?
AnswerPercent
Yes50%
No50%
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 IDB Bank

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

AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes0%
No100%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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