Discover Financial Services

Frequently Asked Questions about Discover Financial Services Careers

Looking for more information about Discover Financial Services, its products and services, and its work culture? Our comprehensive FAQs section has you covered. Explore a wide range of topics, including job opportunities, career development, employee benefits, and more, and get the answers you need to make informed decisions about your career.

Does Discover Financial Services offer remote working opportunities?

Yes, Discover Financial Services does offer remote working opportunities. Employees have the ability to work from home, in an office setting, or anywhere else with an internet connection.

Does Discover Financial Services offer employee assistance programs?

Yes, Discover Financial Services does offer an employee assistance program. The program offers employees and their families confidential access to professional counselors to help with a variety of personal and work-related issues.

Does Discover Financial Services offer employee recognition awards?

Yes, Discover Financial Services offers employee recognition awards. These awards are designed to recognize employees for exemplary performance or outstanding customer service. The awards are given to individuals or teams who have demonstrated excellence in their job responsibilities.

Does Discover Financial Services offer stock options for its employees?

Yes, Discover Financial Services does offer stock options for its employees. The company offers employees the opportunity to purchase company stock through its Savings and Investment Plan (SIP). Employees can also participate in the company's Employee Stock Purchase Plan (ESPP).

Does Discover Financial Services offer employee wellness programs?

Yes, Discover Financial Services offers employee wellness programs. These programs include access to resources such as fitness centers, health coaching, nutrition counseling, and stress management. Additionally, the company offers onsite health and wellness events, yoga classes, and health fairs.

What type of retirement benefits does Discover Financial Services offer?

Discover Financial Services offers a 401(k) plan with employer matching, a defined benefit pension plan, and a deferred compensation plan. Employees are eligible to enroll in the 401(k) plan upon hire and can contribute up to 50% of their pre-tax salary. The defined benefit pension plan is based on a flat rate of 2.5% of the employee's average salary for the last three years of service. The deferred compensation plan allows employees to contribute a portion of their salary to an account that is not subject to taxes until the employee withdraws the money in retirement.

Does Discover Financial Services offer any special benefits for veterans?

Yes, Discover Financial Services offers a variety of special benefits for veterans. These include a special military credit card, a 0.25% discount on personal loans, and special military-related rewards and discounts.

Does Discover Financial Services offer maternity and paternity leave?

Yes, Discover Financial Services offers a generous maternity and paternity leave policy. Eligible employees are entitled to 12 weeks of paid leave for either parent following the birth or adoption of a child.

Does Discover Financial Services offer paid time off?

Yes, Discover Financial Services offers paid time off. Employees are eligible for vacation time, sick time, holidays, and other paid time off.

Does Discover Financial Services offer an employee referral program?

Yes, Discover Financial Services offers an employee referral program. Eligible employees may refer qualified candidates to the company in exchange for a cash reward.

Does Discover Financial Services offer employee discounts?

Yes, Discover Financial Services offers employee discounts on a variety of products and services, including car rentals, travel, retail, entertainment, and more.

Does Discover Financial Services offer internships?

Yes, Discover Financial Services offers internships throughout the year. The company has a variety of internship opportunities for students and recent graduates in areas such as finance, marketing, technology, legal and risk management.

Does Discover Financial Services provide relocation assistance?

Yes, Discover Financial Services does provide relocation assistance to eligible employees. Relocation assistance may include help with costs associated with moving, temporary housing and other related expenses.

What are the qualifications for a job at Discover Financial Services?

The qualifications for a job at Discover Financial Services depend on the role. Generally, applicants must have a minimum of a high school diploma, although many roles require a college degree. Many positions also require prior experience in the financial services industry. All applicants will need to possess strong communication and customer service skills, as well as the ability to work well in a team environment.

What type of skills are required for a position at Discover Financial Services?

1. Proficiency with financial software and tools 2. Excellent communication and customer service skills 3. Strong problem-solving and analytical skills 4. Ability to work in a fast-paced environment 5. Knowledge of banking and financial regulations 6. Ability to work independently and as part of a team 7. Excellent organizational and time management skills 8. Knowledge of accounting principles and practices 9. Experience with data analysis and reporting 10. Proficiency with Microsoft Office Suite

Does Discover Financial Services offer tuition reimbursement?

Yes, Discover Financial Services offers tuition reimbursement to eligible employees. Employees must meet certain eligibility requirements, including having completed at least six months of employment and be enrolled in an accredited college, university or trade school.

What is Discover Financial Services?

Discover Financial Services is an American financial services company that offers credit cards, banking, loans, investing, and other services. It is one of the largest credit card brands in the United States, and it is a Fortune 500 company. Discover is known for its innovative products and services, such as the Discover Card, and it is a member of the Diners Club International network.

Does Discover Financial Services offer flexible working hours?

Yes, Discover Financial Services offers flexible working hours for its employees. This includes options such as telecommuting, flexible scheduling, compressed work weeks, and part-time work.

What is the work/life balance like at Discover Financial Services?

At Discover Financial Services, employees are encouraged to maintain a healthy work/life balance. The company offers flexible work hours and a variety of work-from-home options, as well as paid time off and generous maternity/paternity leave. Employees also have access to on-site health and wellness programs, as well as discounts on fitness, health and wellness services. Discover Financial Services also offers a variety of employee perks and benefits, such as discounts on work-related expenses, tuition assistance, and free or discounted tickets to events and attractions.

Are there opportunities for advancement at Discover Financial Services?

Yes, Discover Financial Services offers career advancement opportunities. Employees have the potential to move up the ladder in their current positions or transition into different roles within the company. Employees may also pursue promotions and additional training and development opportunities.