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Bank of America – “Excellent Benefits

Jun 1, 2009

3.0

Bank of America Anonymous in San Francisco, CA:   (Current Employee)

Pros

100% Employer funded health care account worth $600-1,200
3 weeks paid vacation + Purchased Time off (one week max)
10 paid sick days for full time, 5 paid sick days for part time
Medical, Dental, Vision, Long term disability, Accidental death and Dis, free assoicate life insurance 1*annual salary—childcare reimbursement
Pension plan- you accrue 4% of your salary per year
401K plan- you get a 5% match up to 100 percent of your total eligible compensation
Tuition Reimbursement up to 5,250 per year –part time associates get benefits too
Hybrid Vehicle program- you get $3,000 for purchasing a brand new hybrid vehicle

Cons

Management, most are not helpful at all. In fact, sometimes you may find yourself questioning their judgement. There is a high turn over in thebanking centers which results inpoor customer satisfaction as recently evidenced by the J.D. Power and Associates scurvey during our last quarter.

Advice to Senior Management

All management should be required to attend training courses and receive a formal education at an accredited university. A high school diploma is not enough. Period.

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Bank of America Overview (BAC )
Web
www.bankofamerica.com
Industries
Size
5000+ Employees, $72B+ Revenue
HQ
Charlotte, NC
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