Business & Tech

Eastern Bank Named a Top Place to Work for 2015

The company, with locations near Hamilton and Wenham, has been named one of the top places to work in the state, by the Boston Globe.

Eastern Bank Corp. has been named one of the Top Places to Work in Massachusetts in the eighth annual employee-based survey project from The Boston Globe.

Top Places to Work recognizes the most admired workplaces in the state voted on by the people who know them the best—the employees. The survey measures employee opinions about their company’s direction, execution, connection, management, work, pay and benefits, and engagement. The employers are placed into one of four groups: small, with 50 to 99 employees; medium, with 100 to 249 workers; large, with 250 to 999; and largest, with 1,000 or more.

Eastern Bank Corp. was ranked No. 10 in the “largest” category. The bank has several locations near Hamilton and Wenham in Beverly, Danvers and Peabody.

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According to the company, Eastern Bank, the largest and oldest mutual bank in the country, offers its employees a multitude of career growth opportunities, a challenging, yet fun workplace environment and a competitive compensation and benefits package that includes a robust pension and 401(k) savings program, and comprehensive health and welfare benefits.

Nearly 200 years in business, Eastern Bank has earned a reputation in Massachusetts for its commitment to customers and its employees, who work in a variety of departments including Consumer Banking, Commercial Banking, Wealth Management, Insurance, as well as corporate resources such as Credit, Customer Service, Marketing, Human Resources, Finance, Operations, and Technology.

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“The success of a company is not only measured by its revenue and profits, but also by the loyalty and satisfaction of its employees,” said Katie Johnston, Boston Globe workplace reporter and Top Places to Work editor. “The winning companies have developed innovative ways to engage and motivate their workers, which often serves as a key factor in innovation and leads to better professional performance.”

The rankings in the Top Places to Work are based on confidential survey information collected by WorkplaceDynamics, an independent company specializing in employee engagement and retention, from nearly 77,000 individuals at 357 Massachusetts organizations. The winners share a few key traits, including offering progressive benefits, giving their employees a voice, and encouraging them to have some fun while they’re at it.

Top Places to Work online extras include sortable rankings and photo galleries. All can be found at www.bostonglobe.com/topplaces. Readers can follow the news on Twitter at #workboston.

The Top Places to Work 2015 issue will be published in the Nov. 15 Boston Globe Magazine.

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