Bank of America Employee Benefits and Perks | Glassdoor

Bank of America Benefits

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3256 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 3258 comments

Most Commented

  • Nov 08, 2018
    StarStarStarStarStar Current Relationship Banker in Buena Park, California

    Paid vacation for both part time and full time employees and 401k and sick time. And 10 paid holidays

  • Nov 07, 2018
    StarStarStarStarStar Former Vice President - Technology in New York, New York State

    Nice vacation package, reasonable 401K plan, pricy health insurance

  • Nov 06, 2018
    StarStarStarStarStar Former Employee in Chandler, Arizona

    The benefits are awesome. They are very supportive of employees with kids.

  • Nov 06, 2018
    StarStarStarStarStar Current Employee in Charlotte, North Carolina

    Packages are pretty good overall, although price keeps increasing every year.

  • Nov 01, 2018
    StarStarStarStarStar Former I T in Boston, Massachusetts

    Overall pretty good benefits. Generous family leave policies, and decent 401k matching.

  • Nov 13, 2018
    StarStarStarStarStar Current Employee in New York, New York State

    Expensive health insurance with high deductible.

  • Nov 10, 2018
    StarStarStarStarStar Former Officer - Financial Analyst in New York, New York State

    401K, Health Insurance, but lacking on bonus figures. Its not really a place to stay long term. the maternity/paternity leave is about 5 months paid.

  • Nov 03, 2018
    StarStarStarStarStar Current Employee in New York, New York State

    Health Insurance increase a lot, high deductable

  • Nov 03, 2018
    StarStarStarStarStar Former Employee in Concord, North Carolina

    Costs are high for medical.

  • Nov 17, 2018
    StarStarStarStarStar Current Employee in Charlotte, North Carolina

    Benefits have been reduced every year, particularly health care. Health insurance is now extremely expensive with minimal coverage - to the point that is really only useful for a catastrophic illness or injury.

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

Perks & Discounts

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