US Bank Employee Benefits and Perks

Home / Employee / US Bank Employee Benefits and Perks

US Bank Employee Benefits – The employees are the most important aspects of the daily operation for US Bank. This is why the company always needs to ensure that the employees are fully supported while they are doing their jobs. For that, the company has released the US Bank Employee Benefits package so employees can build a healthy lifestyle and a good future while working for US Bank.

There are many aspects of an employee’s life that will be taken care of by the US Bank Employee Benefits. For instance, the package will cover the well-being of the financial, social, and mental state of the employees. Furthermore, there will be various discount offers included in the benefits package as well.

US Bank Employee Benefits

Be informed that not every aspect of the US Bank Employee Benefits will be available for every single one of the employees. The availability will always depend on the employment status of each worker. For instance, eligibility for part-time and full-time employees will be different depending on the position and the length of service. You can read this article to find out more details about each benefit from the package.

Employee Benefits at US Bank

The rewards for being an employee of U.S. Bank will cover a lot of aspects for the workers, including health, mental well-being, as well as financial wellness.

This is a real commitment from U.S. Bank to offer a wide selection of benefits. Each benefit has been designed to encourage a healthy lifestyle as well as extensive wellness in every aspect of the employee’s life.

Related Post

Health & Wellbeing

Employees that receive the US Bank Employee Benefits will be able to get coverage for core and supplemental supports. This is the ensure that employees can create improvement in their lives, including for their physical wellness and their mental well-being so they can have optimal working skills.

US Bank Employee Benefits and Perks

US Bank Offers

  • Medical Insurance
    • There are two different medical insurance plans and employees can choose from. The employees will be able to get extensive coverage for every medical need when situations arise. For instance, they can get pharmacy benefits, network preventive care, age-appropriate care, as well as periodical hearing and vision exams.
    • HMO plans are available for employees in selected regions.
    • The coverage from medical insurance will also cover medical needs for employee spouses, children, and family members.
  • Dental, Vision, and Hearing Plans
    • The Dental coverage from the US Bank Employee Benefits will give eligible employees preventive care for dental services with no additional cost.
    • The dental plans will also reimburse the cost for employees who want to get contact lenses or glasses.
    • Hearing aids with no additional charges can be acquired using the hearing plans.
    • All the benefits from the dental, vision, and hearing plans are available for full-time and part-time employees along with their family members.
  • Health Savings Account
    • Employees can contribute to Health Savings Account (HSA) which will be able to cover deductibles from the medical plans when the employees have expenses from healthcare services.
    • The company will match employee’s contributions to the Health Savings Account for eligible employees.
    • Network preventive care will be fully covered by the Us Bank Employee Benefits to ensure the well-being of the workers.
    • Programs to prevent work-related injuries.
    • Treatment decision support program.
    • Information to make healthier choices for healthcare services.
    • Healthy pregnancy programs.
    • Quit smoking programs.
  • Healthcare Flexible Spending Accounts, which will be available for full-time employees who can use the program to cover healthcare expenses for themselves and their dependents.

US Bank Benefits

Development & Growth

US Banks wants to make sure that the employees have pride and joy while working for the company. This is the foundation of why the US Bank Employee Benefits have also been programmed to support the education and training development of every employee. The aspects of this program include:

  • Development and Performance Planning – Employees of U.S. Bank are free to pursue their own interests and set their own goals. U.S. Bank will support employees to reach and develop those goals.
  • Career Exploration Site –The program will roll out employees to other aspects of the job so they can understand the details of each position.
  • Business Resource Groups – The program will ensure employees connect with other leaders and colleagues in the company.
  • Mentoring
    • Employees of U.S. Bank can connect to each other using the mentoring program for the company called MentorConnect.
    • The connection will enable them to build leadership skills and expertise. As a result, employees will have more options to develop their careers.
  • Training Partnerships
    • Discounts are available for employees who want to learn new skills from participating schools.
    • Various webinars and other business-related podcasts are available for employees.
    • Important courses from various elite institutions can be taken by eligible employees.
  • Tuition Reimbursement – Employees who are actively studying at university will be able to receive financial support from the company with the program called Tuition Reimbursement.
  • New Employee Orientation – Newbie-friendly orientation can be taken by new employees at their own pace.

Employee Benefits at US Bank

Retirement & Financial Security

The US Bank Employee Benefits will enable employees to plan for the future while also protecting them from the uncertainty of it. This is because there are many programs in the benefits package that can ensure the security of their income.

  • 401(K) Savings Plan
    • Employees can design how to save their money while planning for their retirement.
    • The payroll can be automatically set out to pay for the retirement contributions.
    • The company will match immediate vesting from the employee’s contribution for the 401(k) plan.
  • Cash balance plan
    • Employees can get this program which will grow over time depending on their service length and employment level.
    • Employees with more than three years of service in the company will get 100% vested in their accounts.
  • Life & Accident Insurance
    • Life insurance policy from the US Bank Employee Benefits will pay employees the same amount of their annual salary.
    • Policies are available for full-time and part-time employees and they can buy additional policies to include themselves and their family members.
    • Insurance policies will also cover injuries and accidents from work-related business travel.
  • Disability Insurance
    • If an employee is unable to work due to work-related injuries, they will be eligible to receive short-term disability programs that will provide up to 13 weeks of full salary.
    • Employees with long-term disabilities will get up to 60% of their salary.
    • Up to 50% of subsidy will be given to full-time employees depending on their level.

US Bank Employee Discounts

  • US Bank Employee Discounts – Employees can enjoy a wide selection of products and services from the financial sector at discounted prices.
  • Commuter plans from the US Bank Employee Benefits.
  • Transit Plan, which will help employees who use public transport to save money.
  • Discounts
    • Various travel services, hotels, restaurants, movie theaters, and other services from various businesses can be enjoyed with a lot of discounts.
    • Employees can get fitness programs and fitness equipment with their employee discounts.

Work/Life Balance

There are also many programs from the US Bank Employee Benefits to help employees create a good balance in their personal and work life. The programs included are:

  • Paid time off
    • Vacation – If an employee has at least 20 hours of work in a given week, they will be eligible to get vacation time after three months of working.
    • Holidays – Employees can get up to 10 days of paid holidays annually. Variations apply in different locations.
    • Sick days – Annually, employees can get up to 80 hours of sick leave.
    • Volunteer day – Employees can get paid volunteer days.
  • Paid leave and benefits
    • Employees Who were expanding their families will be able to get parental leave for up to 13 weeks.
  • Adoption and Surrogacy Assistance Program, which will reimburse employees for up to $10,000 of adoption expenses.
  • Flexible Spending Accounts for Dependent Care – Pre-tax coverages are available to pay for daycare expenses.
  • Back up Daycare
    • Employees can get back up childcare service when the normal provider is closed or currently unavailable.
    • Eldercare and additional daycare are also available from this program.
  • Employee Assistance Program
    • Resources and other advice will be given to support employees who are handling challenges in life.
    • Consultation is always available for employees who want to reach out.
  • Other time away
    • Disability leave
    • Medical leave
    • Jury duty
    • Military duty
    • Bereavement
    • Personal leave

US Bank Employee Benefits Programs

US Bank Customer Care Center

Corporate Headquarters

  • U.S. Bancorp
    U.S. Bancorp Center
    800 Nicollet Mall
    Minneapolis, MN 55402

Phone Number

  • Online & Mobile Customer Service: 800-US-BANKS (800-872-2657)
  • Minneapolis/St. Paul Metro: 612-US-BANKS (612-872-2657)
  • All Other Locations: 800-US-BANKS (800-872-2657)
  • Portland Metro: 503-US-BANKS (503-872-2657)
  • U.S. Bancorp Investments, Inc.: 800-888-4700
  • International Collect Calls: 503-401-9991
  • TDD – All Locations: 800-685-5065
  • Milwaukee Metro: 414-765-4636
  • Cincinnati Metro: 513-632-4141
  • St. Louis Metro: 314-425-2000
  • Denver Metro: 303-585-8585

Contact Page

Related Post

Conclusion

That was all that we can say about the US Bank Employee Benefits. You can read the details from the information above or leave a comment if you have something that you don’t understand yet.