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| Hancock
offers a comprehensive benefits package to help keep you and
your family healthy, to help you plan for the future and to
help you enjoy your life. From training opportunities to paid
time off to retirement plans, Hancock offers benefits to help
make our associates' lives a little brighter. |
Bright
benefits
Health
and Wellness Benefits
In an effort to promote the well-being of our associates, Hancock
Bank offers an extensive selection of health and wellness benefits,
including health, dental and vision insurance. In addition to these,
we also offer a Health Care Spending Account
and Dependent Care Spending Account.
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At Hancock
Bank, we offer Medical Insurance Plans
to help our associates meet the needs of their families.
Dental
health has become an increasingly common and expensive health
cost in recent years. Hancock Bank offers Dental
Insurance to assist with these costs.
Vision
expenses such as eye exams, glasses and contacts are covered
under our vision insurance.
Participation
in our flexible spending account or Section 125 Plan, allows
associates to pay for certain out-of-pocket expenses with
pre-tax dollars, resulting in an increase in spendable income.
The Health Care Spending Account
allows for the reimbursement of out-of-pocket medical, dental
and/or vision expenses. The Dependent
Care Spending Account is available for reimbursement
of qualified dependent care expenses.
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Life
and Disability Insurance Benefits
Hancock Bank recognizes that life and disability insurance are two
of the most dependable ways to provide financial protection for
our associates' families in the event of their death or a disabling
accident or illness.
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Group
Term Life Insurance
is provided to our associates at no cost based on their employment
status. In addition, our associates can purchase Voluntary
Life Insurance, the cost of which is based on age.
We realize that some associates may need or want more coverage
than others. That is why we offer associates the option of
purchasing additional coverage beyond what the company provides
as well as the option to purchase term life insurance for
spouses and dependent children.
The Bank
also provides Accidental Death and
Dismemberment Insurance at no cost to our associates.
Those associates who wish to increase their coverage and/or
provide coverage for their spouse and eligible dependent children
may purchase additional insurance.
In addition,
Hancock Bank carries Short Term Disability
and Long Term Disability Insurance
to protect our associates should they become totally disabled
due to an accident or illness.
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Associate
Assistance Program
Hancock Bank offers a third party service that provides free, confidential
counseling and other related services for associates and their family
to help deal with personal difficulties.
Retirement
Benefits
Hancock Bank understands the importance of planning for the future
and recognizes that it's the associate's hard work that makes Hancock
Bank a successful, growing organization. Hancock Bank offers several
retirement programs for its associates that are designed to help
them plan for the future.
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Pension
Plan
- a traditional defined benefit plan that pays those individuals
who vest and meet the plan's eligibility requirements a guaranteed
retirement benefit based on a pre-determined formula.
401(k)
Salary Savings and Investment Plan
- gives eligible associates the opportunity to save through
pre-tax payroll deductions each pay period. Hancock Bank will
match one half (1/2) of the associate contribution up the
first 6% of pay contributed. Associates are always 100% vested
in their contribution and become 100% vested in the employer
match after 3 years of vesting service (minimum of 1,000 hours
worked).
Associate
Stock Purchase Plan
- a convenient way for eligible associates to purchase Hancock
Holding Company stock through convenient after-tax payroll
deduction.
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Supplemental
Policies
Hancock Bank also offers several supplemental policies to ease the
associate's burden of shopping for coverage such as Auto & Home
Insurance, Long Term Care, and Cancer Indemnity Plan.
shining
a Light on
your career
Hancock University
Hancock University offers course opportunities to associates in
areas such as:
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Leadership
Development
Front Line Skills
Managerial and Supervisory Skills
Regulatory and Compliance
Personal and Professional Development
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In support of
continuing education, Hancock Bank also offers education assistance
through tuition reimbursement for those associates interested in
furthering their education in the field of banking.
