Employee engagement & professional development
Working together as one team
At Commerce, we believe in the power of collaboration. By working together, we connect our diverse skills and perspectives to innovate new solutions that meet unique customer needs. We believe our strong internal culture is one of the key drivers of our long-term success. We are dedicated to fostering an inclusive and supportive environment where our team of more than 4,700 individuals feels their voices are heard.
We are committed to holistic employee engagement that includes competitive benefits; professional development opportunities; inclusion resources; robust onboarding and mentoring; and more. As a result of our efforts, we have been recognized by Forbes as a Best Mid-Size Employer for the sixth year in a row.
Newsweek's
America's Greatest Workplaces for Parents and Families List
2023
Newsweek's
America's Greatest Workplaces List
2023
Forbes
America's Best Midsize Employers
6 consecutive years
Doing everything we can to keep employees engaged
It is important to us that our team members feel engaged and empowered to grow with us. We pay close attention to how our team members feel, which helps us know what’s working well and where we can improve. Each year, we conduct a team member survey in partnership with Korn Ferry to gauge team members’ sense of engagement, enablement and overall satisfaction with their employment at Commerce.
Our differences make the difference
We believe our bank is made stronger by building a team with diverse perspectives, backgrounds and experience. Through purposeful and actionable efforts, we are working to create an inclusive culture where everyone feels they belong. From how we recruit team members to how we approach team member engagement, we have programs dedicated to increasing representation at all levels of our bank and fostering a true sense of belonging.
To learn more about our commitment to inclusion, please visit our Inclusion at Commerce page.
Highlights from our recent inclusion efforts
Women People of Color 2023 Workforce Availability
Read table versions of the charts
Investing in employee benefits
We’re committed to providing a variety of highly competitive benefits to attract, motivate and retain the best and brightest talent in the industry. We offer an array of competitive programs, including health and retirement benefits, educational assistance and flexible work schedules to meet our team members’ individual and evolving needs. Our benefits program is focused on four main components: financial, physical and emotional well-being, and career development.
To learn more about benefits at Commerce Bank, please visit our Benefits page.
Financial Well-Being
- Base salary and incentives (based on eligibility)
- 401(k) including company match (Traditional and Roth)
- Retirement planning education resources
- Flexible spending accounts and health savings accounts
- Employee, supplemental and dependent life insurance
- Long-term disability
- Family and medical leave
- Healthcare concierge services
- Identity theft protection
- Financial education, tools and resources
- Adoption assistance
- One Commerce team referral program
- Commerce Perks discounts on good and services
- Commerce Bank services discounts
- Paytient® health payment account
Career Development
- Education/tuition assistance
- Mentorship and job shadowing opportunities
- Leadership development programs
- Professional development resources
- Employee-led Resource Group opportunities
- Culture Champion Team opportunities
- Aspiring Managers program
- Managing at Commerce program
Physical Well-Being
- Medical, dental and vision healthcare plans
- Critical illness, accident and hospital indemnity insurance
- Long-term care insurance
- Paid medical leave
- Virtual support for diabetes management and musculoskeletal conditions
- On-site flu shots
- Healthy Returns tools and programs for healthy living
- Family-forming services
Emotional Well-Being
- Paid vacation, sick and personal time off
- Vacation purchase program
- Paid holidays
- Paid parental leave
- Paid volunteer time off
- Flexible work schedules and hybrid work options
- Employee Assistance Program
- Commerce in the Community volunteering initiatives
- Care@work premium memberships
Supporting team members that grow with us
We are dedicated to ensuring our team members feel valued and motivated to continue their career with us, from their first day to their 40th year and beyond. We facilitate several programs designed to help team members further their professional development, establish a strong network, and grow in their careers.
To learn more about professional development at Commerce Bank, please visit our Growth & Development page.
Team members helping team members
Commerce team members have a demonstrated passion for supporting our customers and communities — and their fellow team members. The Employee 2 Employee Foundation (E2E) was established in 2016 to enable a formal process for team members to help other team members. E2E aims to support team members that find themselves in a tough spot financially due to unforeseen events like medical or natural emergencies. E2E is a separate, independent nonprofit entity led by a board of directors with members from a variety of departments across the bank. The foundation is largely powered by Commerce team members’ contributions, and the E2E board reviews applications from team members requesting assistance. Since its inception, the E2E Foundation has distributed over $1,350,000 in support funds to more than 470 team members.
For more information, download our Corporate Responsibility report.[PDF]
Disclosures:
Information as of 12/31/2023, except where noted. Workforce availability is a weighted average based on job type and region.
The workforce availability data used for the calculation is provided by a third-party vendor and is based on U.S. Census data.
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