Key Total Treasury

 

Employer Solutions

KeyBank offers financial solutions for employers that help you attract and retain a productive workforce by providing value-added benefits and systems important to your employees, such as payroll, special accounts like Health Savings Accounts (HSAs) and other programs designed to ensure a positive employee experience. Our solutions ensure timely and accurate payments, while potentially increasing employee satisfaction, reducing administrative costs and requiring less time from busy human resources and finance professionals.

Our experienced teams listen first, to gain a full understanding of your business and your workforce. We then work with you to design the compensation and benefit programs that best suit your business, your budget and employee needs.

Key’s clients and their employees benefit from a wide variety of no-cost programs such as employee personal checking, savings and investment accounts, and financial education programs.

Our employer solutions include:

Some success stories from our clients include:

  • After another bank failed to make tax deposits on time, a payroll manager upgraded to Key’s payroll platform, gained access to a personal relationship manager and consistently excellent customer service.
  • Key@Work professionals helped a large Northeast hospital develop a financial education program, establish direct deposit and provide personal banking services for hospital employees, thus reducing administrative costs and increasing employee satisfaction.
  • Key is now the preferred provider of Health Savings Accounts (HSAs) for a large insurance provider, after helping the insurer deliver the ability to significantly reduce healthcare expenses for employees serving the State of Maine.

Our payroll services help you pay employees in an accurate and timely manner, with clear and easily-managed systems supporting the process. Our services include:

  • Payroll: Our platform, powered by CompuPay, provides cost-effective end-to-end payroll and direct deposit solutions for businesses of all sizes.
  • Key@Work offers checking, savings and investment accounts to employees, and was designed to increase automated payroll participation, reducing payroll and administrative costs. There are no minimum participation requirements.

KeyBank can help you provide your employees with a full suite of healthcare and financial benefits. A few of the programs we provide include:

  • Health Savings Accounts (HSAs): these special-use accounts allow employees to make pre-tax contributions that can reduce overall healthcare expenses.
  • Key Possibilities® Mastercard® gift cards: these debit cards empower you to reward an employee on-the-spot for great work, or to reward larger portions of your workforce as part of a broad gift or incentive program*.