Bank of America Benefits

4.1
4076 Ratings

Employer Summary

At Bank of America, our most important asset is our people. We are committed to supporting the financial, emotional and physical wellbeing of our employees and their families by offering flexible and competitive benefits—so they can be their best at work and at home.

Employee Benefit Reviews

Showing 1–10 of 4076 comments

Most Commented

  • Health Insurance(1333 comments)

    Very helpful, not too expensive. Good options and offer HSA. No worst thing.

  • 401K Plan(661 comments)

    Great 401K with 5% company matching and annual 2-3% contribution.

  • Vacation & Paid Time Off(507 comments)

    Happy with the time off if you can take it

May 12, 2021
5.0
Current Employee

Good benefits 16 weeks of paid parental leave! plus some other unpaid if you need more... The medical insurance is not cheap

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May 11, 2021
5.0
Current Employee

The benefits package is top tier with a generous amount of time off plus a number of additional benefits. The health benefits are quality and offered at a reasonable cost.

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May 10, 2021
5.0
Former Employee

BofA supports its employees' mental health and provides benefits for medical, vision and dental. Also offers HSA and FHSA.

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May 10, 2021
5.0
Former Relationship Manager in Kirkland, WA, Washington State

They have a very comprehensive benefits package. Lots of employee discounts, competitive health insurance, and even college tuition for certain degrees.

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May 10, 2021
5.0
Current Senior Marketing Manager in New York, NY, New York State

Time off is generous at four weeks plus holidays.

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May 6, 2021
5.0
Former Employee

great perks and time off

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May 5, 2021
5.0
Former Vice President in New York, NY, New York State

HSA availability and 401K matching were both great benefits to have in addition to the the health plans.

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May 13, 2021
3.0
Current Employee

The 401k is great, they match up to 5% after the first year and will also deposit an additional 2%. Also provide 16 weeks maternity and paternity leave fully paid

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May 11, 2021
2.0
Current Platform Consultant in Charlotte, NC, North Carolina

Great benefits especially if you have children, affordable and various plans to select from

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May 9, 2021
4.0
Current Director in New York, NY, New York State

Best is generous paid parental leave ~4 months. Worst is only high deductible health plans are offered.

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Viewing 1 - 10 of 4,076 Reviews

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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