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Employee Benefits 

At Eastern Bank, we believe compensation and benefits should not be single offerings, but should be integrated into our Total Rewards employee benefits program, which is designed to help our employees achieve their goals in their personal and professional lives. To deliver on this promise, we monitor industry best practices and solicit input from our employees to ensure that our compensation and benefits programs are competitive and comprehensive.  Below is a brief list of the employee benefits we offer at Eastern Bank: 

Our compensation plans are performance based and, depending upon your position, may include base salary, incentives, commissions, referral incentives and recognition awards.

Health and Wellness
We offer a choice of high-quality comprehensive plans to meet the diverse needs of our employees:

Medical insurance – five plan options through Harvard Pilgrim Health Care

Delta Dental insurance

EyeMed Vision Care insurance

Domestic Partner benefits

Flexible spending accounts through P&A Group – medical, dependent care, adoption, insurance premiums

Weight Watchers and smoking cessation subsidies

Use of our on-site fitness center in Lynn

Wellness discounts and incentives

Personal Protection
Available at no cost, these benefits provide additional financial security to employees and their families for events that impact their lives and physical well-being.

Life insurance and AD&D insurance through Unum

Supplemental Life and Dependent Life through Unum

Sick days

Short-term disability

Long-term disability through Unum

Financial Future
We provide a blend of retirement benefits, including a) 401(k) plan that lets you make contributions, as well as a non-contributory pension plan for tax-advantaged wealth accumulation.

Defined benefit pension plan

401(k) savings and investment plan with company contribution.

Work/Life Program
Our program assists employees with personal and/or work situations.

LifeWorks Employee Assistance Program

We provide financial support to employees to increase their knowledge and skills, and enhance their job performance and career development.

Tuition reimbursement program

Wide variety of on-site training courses

Time Off
We offer paid time off to focus on non-work interests and obligations as well as to relax.



Personal days

Vacation purchase option

Other Employee Benefits

Free or discounted banking services

Discounted group auto and homeowners insurance

T-Pass pre-tax and subsidy program

Discounted pet insurance


    Equal Opportunity Employer