IBC Bank offers a comprehensive benefits program to all full-time employees. Many of our benefits are also available for our part-time employees. See below for a brief description of the benefits available as an IBC Bank employee. Many of the benefits are also available to your dependents.
We offer employer-paid medical benefits to all of our full-time employees. This coverage includes medical and prescription coverage. As an option, full-time employees can add their dependents to the program and have their costs deducted pre-tax from their paychecks.
Eligibility: After the initial probation period.
This is an optional benefit offered to all full-time and part-time employees. The plan includes various levels of coverage, from single-member to family plans.
Eligibility: After the initial probation period.
All full-time employees are eligible for an employer-paid life insurance plan.
Eligibility: After the initial probation period.
This is an optional program offered to all full-time and part-time employees. The employee pays this, and it can be deducted from the paycheck on a post-tax basis.
Eligibility: After the initial probation period.
This is an optional insurance plan offered to full-time and part-time employees. This can be deducted from an employee's paycheck on a post-tax basis.
Eligibility: After the initial probation period.
This optional benefit allows employees to set aside up to $2,650 per year for out-of-pocket health care expenses through a pre-tax payroll deduction.
Eligibility: After the initial probation period.
This optional benefit allows employees to set aside up to $5000 per year for childcare expenses through a pre-tax payroll deduction.
Eligibility: After the initial probation period.
The 401K savings program allows employees to save 1-15% of their annual income in the bank's 401K plan.
Eligibility: Eligible after the first day of the year following the employment date.
Contingent on the bank's profitability, employees are given contributions based on their pay and years of service.
Eligibility: Eligible after the first day of the year following the employment date.
Offered to full-time and part-time employees attending an accredited institution of higher learning. This program provides reimbursement for tuition for courses related to the financial banking industry.
Eligibility: After six months of employment.
All employees are offered the opportunity to purchase a computer through this program. The cost will be payroll deducted from their paycheck.
Eligibility: After one year of employment.
Vacation is offered to all full-time and part-time employees who work more than 20 hours per week.
Eligibility: Depending on the hire date, after initial probation.
Sick Leave accumulates monthly at a rate of one day per month worked for full-time employees.
Eligibility: After the initial probation period.