Alterna Savings and Credit Union Limited
An Alterna Savings employee shares a laugh with a colleague at the credit union's annual general meeting  

Recognized as one of National Capital Region's Top Employers (2019):

Here are some of the reasons why Alterna Savings and Credit Union Limited was selected as one of National Capital Region's Top Employers (2019):

  • Alterna Savings supports employees who are new mothers with maternity leave top-up payments, to 100% of salary for 3 weeks, followed by 75% of salary for 14 weeks
  • 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 programs
  • Along with helping employees save for the future, Alterna Savings offers a number of financial perks including discounted mortgage rates and free day-to-day banking services
Alterna Savings employees during a Valentine's Day celebration at the Centretown location in Ottawa  

Highlights

Industry Credit union
Established in Canada 1908
Major Canadian hiring locations Toronto ON, Dryden ON, Ottawa ON
Full-time employees in Canada 519
Part-time employees in Canada 27
Average age of employees in Canada 41.9 years
Longest serving employee 45.9 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 shortened work week (fewer hours with less pay), 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
Related tuition subsidies employer covers up to 100% of tuition per year
Scope of charitable involvement local, national
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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