Benefits comparison - banks

sedated_xtc wrote: ↑Hi guys, I'm currently working for a US-based schedule 3 bank looking to jump ship to a Big 5 bank (back office functional area role).

I currently have a standard health/dental plan, all corporate sponsored, including my spouse and children's coverage. Life insurance is 2x salary with additional coverage as optional.

Also got a taxable health spending account, 6 personal days in addition to eligible vacation time and flextime/work from home options.

Employer RRSP 1:1 match every pay up to 6% + 3% of all salary+bonus employer contribution at the end of each calendar year. No pension or maternity leave top up yet although that might be in the works.

Wondering if any of you happen to have an idea as to what the benefits structure for these big 5 are like?

bruizeman wrote: ↑The health/dental is standard.

The life insurance is optional and costs after-tax money. They also force LT disability on you, again, after-tax money. 3-4w vacation depending on how senior you are.

The only big difference, imo, is that the pension plan is DB.

mbg wrote: ↑Which pension? Some if not all of the Big 5 now only have DC pension.