Peoples Bank Boosting Employee Benefits

Peoples Bank, which has been expanding its presence in Everett, today announced it is boosting base pay for hourly employees and benefits for all workers. Here is a release received this morning:

 In response to the newly passed tax reform legislation, Peoples Bank (https://www.peoplesbank-wa.com/) today announced new investments in its employees. Specifically, Peoples Bank will raise the minimum wage to $15 for all hourly employees, effective February 1, 2018, and will increase its 401K match one point to eight percent for all eligible employees, effective immediately.

“These new employee benefits reflect our ongoing commitment to doing what is right at every step, and our People Come First philosophy which guides the decisions we make in support of our customers and employees,” said Charles LeCocq, Chairman of the Board & Chief Executive Officer. “The new corporate tax reform package is an opportunity to give back to our employees, and recognize their hard work and dedication to providing our customers with a full relationship banking experience and exceptional customer service.”

Peoples Bank will continue to investment in the communities in which its employees live and work through generous sponsorship and grant support to local nonprofits and community organizations. The Bank also supports employees through its wellness program, Wholepeople, which includes a $200 annual Wellness Reimbursement, paid time off for community service, and other benefits designed to promote a healthy mind, body, and community.