The Work Index by Flexa

Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities.

https://www.truist.com/
5.8

/10

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Description

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Based in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $520 billion as of June 30, 2024. The company offers a wide range of products and services through its wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses.

Truist emphasizes its commitment to diversity, equity, and inclusion, both internally and within the communities it serves. The company boasts over 700 multicultural branches and offers training to its employees to reinforce the foundations of inclusivity. Truist also actively invests in community development programs and initiatives, including a $60 billion Community Benefits Plan and a $100 million investment in a diverse multi-manager active ETF.

Flexibility

Truist offers flexible work arrangements, allowing employees to balance their personal and professional lives. The company provides a variety of options, including remote work opportunities, flexible schedules, and the ability to take time off for personal needs. Additionally, Truist's benefits package promotes well-being and includes a generous range of time off programs, further supporting work-life balance.

Benefits

Truist offers a comprehensive benefits package designed to support employees' well-being and financial security. These benefits include flexible medical plan options, a generous 401(k) savings plan with company matching, and a range of time off programs, including paid holidays, vacation time, new parent time off, and leaves of absence. Truist also provides vision coverage through Vision Service Plan (VSP), offering two plan options with varying copayments and allowances for exams, frames, lenses, and contact lenses.

Enhanced parental leave

Mission

Truist's mission is to provide distinctive experiences for clients through both touch and technology, create an inclusive and energizing environment for teammates to learn and grow, and optimize long-term value for stakeholders through safe, sound, and ethical practices. This mission emphasizes a commitment to client satisfaction, employee well-being, and responsible business practices.

Automation
Data-driven
Disruptor
Environmental impact driven
Improving quality of life/health
Social impact led
Sustainability
Tech for good

Culture

Truist promotes a culture centered around "care" and "better." This means striving to inspire and build better lives and communities for clients, teammates, and stakeholders. They emphasize inclusion, teamwork, and a winning mindset, encouraging employees to live their personal purpose while contributing to the shared company purpose. Their culture values trustworthiness, caring, and happiness, creating a positive and supportive environment for employees to thrive.

Collaborative
Entrepreneurial
People-first
Progressive

DE&I

Truist is committed to diversity, equity, and inclusion (DEI) as a fundamental aspect of its company culture and purpose. It strives to create an inclusive environment where all teammates feel seen, valued, and heard, and it actively addresses the needs of its communities to help everyone achieve more. Truist has implemented a variety of initiatives to achieve this, including investing in the Sterling Capital Diverse Multi-Manager Active ETF, creating the Where It Starts program to support diverse entrepreneurs, hosting listening sessions for employee feedback, and providing training on inclusivity and cultural competencies.

Ethnically diverse
Gender diverse

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