City National Bank Compensation & Benefits in Los Angeles

Key Insight for Candidates

• Retirement Support: Retirement benefits in the Los Angeles office are considered strong, featuring a dollar‑for‑dollar 401(k) match with immediate vesting, a broad investment lineup, and an additional deferred‑comp option for eligible roles. This design is a standout pillar of total rewards for LA‑based colleagues.
• Parental & Family Support: LA employees have access to adoption and surrogacy reimbursements, fertility support, and Bright Horizons backup care usable for children, elders, or even pets. Feedback suggests these family‑oriented programs add meaningful value beyond base pay for the Los Angeles team.
• Healthcare Strength: In Los Angeles, medical coverage includes national Anthem PPO/HDHP options and a local Kaiser HMO choice, alongside Delta Dental and VSP vision, with telehealth and EAP counseling support. This breadth gives LA‑based colleagues multiple pathways to balance provider networks and cost.

• High Benefits Costs: In Los Angeles, monthly medical premiums can increase due to tobacco‑use and spouse/domestic‑partner surcharges noted in the current cost sheet. These added charges raise out‑of‑pocket costs for affected employees.
• Insufficient Parental & Family Support: Parental leave pay in Los Angeles is not a single guaranteed, fully paid duration; supplemental pay is described as available only if certain conditions are met. This conditional structure can make the paid portion of leave feel less predictable.
• Poor or Misaligned Recognition & Rewards: LA‑area accounts describe long hours for exempt staff without corresponding additional pay. This dynamic can leave some Los Angeles employees feeling that effort and rewards are not always aligned.