Bank of America Employee Benefits and Perks | Glassdoor

Bank of America Benefits

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2400 Ratings

Employer Summary

At Bank of America, our most important asset is our people. Our benefits programs are designed to meet the diverse needs of our employees at every stage of their life and help them plan for tomorrow.


Employee Benefit Reviews

Showing 1–10 of 2404 comments

Most Commented

  • Feb 26, 2017
    Star Star Star Star Star Former Operations Analyst in Jacksonville, Florida

    The benefits are the best thing about Bank of America. Paternity leave, childcare credits, adoption leave, lots of paid time off and holidays, paid volunteer work- they have all kinds of perks from a benefits standpoint. The only bad thing about the benefits is they will keep you there longer than you should stay if your position isn't fulfilling.

  • Feb 26, 2017
    Star Star Star Star Star Current Relationship Manager in Ocean City, New Jersey

    Great vacation, decent health, dental and vision

  • Feb 25, 2017
    Star Star Star Star Star Current Employee in Brunswick, Maine

    You get deals on insurance if you comply with certain doctors appointments and standards

  • Feb 25, 2017
    Star Star Star Star Star Current Employee in Charlotte, North Carolina

    Possibly the best thing about the Bank's benefits package is the parental leave. They offer 16 full weeks of paid parental leave to welcome a new child, birth or adoption. Health insurance is average for a big company. 401k matches first 5%.

  • Feb 24, 2017
    Star Star Star Star Star Current Employee in New York, New York State

    Best: 4 weeks vacation and 12 weeks of maternity or paternity leave Worst: health insurance cost

  • Feb 23, 2017
    Star Star Star Star Star Current Employee in Wilmington, Delaware

    Childcare reimbursement - other than the Dependent care flexible spending account, you could qualify to get reimbursed up to $250 per child per month for dependent care expenses.

  • Feb 23, 2017
    Star Star Star Star Star Current Employee in Saint Louis, Missouri

    The overall cost for family health coverage.

  • Feb 23, 2017
    Star Star Star Star Star Former Employee in Norfolk, Virginia

    Good benefits within organization while employed

  • Feb 22, 2017
    Star Star Star Star Star Current Employee in Charlotte, North Carolina

    Salary not very competitive vs other large banks. Opportunities are given to less qualified without opening to other managers or associates.

  • Feb 21, 2017
    Star Star Star Star Star Former Assistant Branch Manager in New Bedford, Massachusetts

    I found the benefits to. E extremely expensive for an average employee and the deductibles very high

Benefits Summary


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

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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

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