Eastern Bank Employee Review - Anonymous employee Eastern Bank Employee Review

2.0
Apr 28, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The bank is really involved in the community and supports volunteerism.

Cons

Employees can't contribute to a 401(k) until one year of service - unheard of in the market for an employer of this size. No laptops, no flex hours, no work from home, some tuition reimbursement after one year of service, but you have to be employed at the bank for TWO YEARS after reimbursement or else you're required to pay everything back. Only 10 vacation days/year until 5 years of service. Very sporadic casual/jeans days for non customer facing roles in small satellite offices. Some of these are small changes that make a tangible impact on employees' lives (i.e. allowing jeans every Friday). Archaic business culture, if you're young and motivated there is zero incentive to stay here.

Explore other reviews about Eastern Bank

5.0
Apr 7, 2026
Recommend
CEO approval
Business outlook

Pros

The company treats its employees well, The pay is competitive and the "hybrid" status means you can mostly wfh, unless a special reason to go in.

Cons

Can't think of any cons.

1.0
Apr 23, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

You get a pay check every two weeks. No pros,

Cons

Benefits are not that good, Pension plan doesn't vest until your 4th year of service. 401k match after 12months. STD doesn't pay you if you're getting more than 50% FMLA pay and LTD doesn't cover existing health conditions for the first 12 months of employment. You can get 4 weeks vacation at any small bank. Management is toxic, manager belittles employees in front of customers, Teller line is out the door most days which means even if you're not a teller you'll work the teller line. Employees are getting laid off because of company reinstruction.

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