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Alterna Savings and Credit Union Limited
Alterna Savings employees from the South Keys branch

Recognized as one of National Capital Region's Top Employers (2017)

Here are some of the reasons why Alterna Savings and Credit Union Limited was selected as one of National Capital Region's Top Employers (2017):

  • Alterna Savings supports employees who are new mothers with maternity leave top-up payments to 75% of salary for up to 17 weeks and offers the option to extend their leave into an unpaid leave of absence
  • Along with 3 weeks of starting vacation allowance, Alterna Savings offers paid personal days and a variety of alternative working options to help employees balance work and their personal lives
  • Alterna Savings invests in ongoing employee development with tuition subsidies for courses taken at outside institutions, subsidies for professional accreditation and a number of in-house and online training options
Alterna Savings employees at the Cracking Up the Capital launch event

Highlights

Established in Canada 1908
Major Canadian hiring locations Toronto ON, Dryden ON, Ottawa ON
Full-time employees in Canada 440
Part-time employees in Canada 34
Average age of employees in Canada 40
Longest serving employee 48 years
Long-term savings defined-contribution (DC) pension
Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Health spending account up to $204 each year
Alternative work options flexible work hours, shortened work week (fewer hours with less pay), compressed work week, telecommuting
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Outside survey period outside consultant surveys are held every 12 months
Employee performance reviews employees receive individual performance reviews every 12 months
In-house training initiatives in-house training, online training, mentoring
Scope of charitable involvement local, national, international
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day)

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