Benefits

No wonder people love working here

We know that the best way to attract and retain great people is to offer great benefits. And ours are among the best in the industry.

HEALTH AND WELL BEING

• Medical, Dental, and Vision insurance (no waiting period)
• Flexible spending accounts for medial, dependent care and transportation
• Mental health and well being resources – Employee Assistance Program
• Life and Accidental Death & Dismemberment Insurance
• Discounted Auto, Renters, and Homeowners Insurance
• Pet Insurance

COMPENSATION & RETIREMENT PROGRAMS

• 401(K) Retirement Plan with employer match
• Employee Stock Ownership Plan (ESOP) our employee-owner program provides the workforce with ownership interest in the company
• Competitive Compensation

WORK LIFE BALANCE

• Flexible work arrangements allows for a hybrid workforce with remote work
• Paid Vacation, Sick Time, Holidays and Floating Holidays
• Paid Volunteer Day
• Paid Parental Leave

CAREER DEVELOPMENT

• Training and Development
• Employee Referral Program
• Tuition Reimbursement Program
• Access to the best training programs to learn and develop your skills

SHAWMUT FLEX At Shawmut we believe in-person collaboration and relationship building with our colleagues results in better outcomes for our business and our clients. Flexible work also helps us retain, attract and engage the best employees which ultimately enhances our customer experience. These work arrangements should have a positive or neutral impact on coworkers and clients. A successful flexible work arrangement is one in which both the employee and the organization thrive. Flexible work is a critical part of demonstrating our commitment to building a workplace culture of respect, empowerment, and innovation. We invite you to learn more about how and why we flex at Shawmut.

ESOP A benefit that will benefit you for years to come. Shawmut is 100% employee-owned, which means employees get to reap the financial benefits of being part owner through the Employee Stock Ownership Plan (ESOP). The ESOP is an incentive and retirement plan that most employees will become a participant in after one full year of employment. The amount of the annual contributions will vary from year to year, based on the success of the company. Along with contributing to your 401(k), ESOP is a great way to help build your retirement nest egg.

• » Transparency of Coverage