Bank of America Benefits
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
Most Commented
- Health Insurance (874 comments)
“Health insurance is great to have but the money they take out of your paycheck is outrages. The money for the first two weeks goes to health...”
- Vacation & Paid Time Off (330 comments)
“Good amount of paid time off. start off with 3 weeks paid vacation. 8 sick days, and 2 personal days”
- Bank of America May 24, 2017Star Star Star Star Star
GREAT BENEFITS PACKAGE. This is one of the reasons why many employees join and stay in the company.
- Bank of America May 25, 2017Star Star Star Star Star
Firm provides various choices for health insurance, but the costs increased a lot over the last few years. Firm match first 6 percent of eligible incomes for 401k.
- Bank of America May 24, 2017Star Star Star Star Star
The worst is the benefits package gets much more expensive after you make over 50,000 annually and the best thing is the 5% match on their 401k
- Bank of America May 23, 2017Star Star Star Star Star
Great health insurance, company discounts, free tickets at times to gaming events if client facing.
- Bank of America May 21, 2017Star Star Star Star Star
Good Health Insurance Choices but the plan it self on what it covers it weak.
- Bank of America May 19, 2017Star Star Star Star Star
401k match up to 5%, paid parental leave up to 16 weeks
- Bank of America May 18, 2017Star Star Star Star Star
Great benefits (401k, health insurance, paid vacation)
- Bank of America May 18, 2017Star Star Star Star Star
Generous vacation package with an additional 10 company holidays.
- Bank of America May 17, 2017Star Star Star Star Star
The benefits package is extremely reasonable.
- Bank of America May 25, 2017Star Star Star Star Star
Great health benefits. but with all the high pressure stress you will need good health insurence
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- Checkmark Health Insurance (2,032)
- Checkmark Dental Insurance (491)
- Checkmark Flexible Spending Account (FSA) (475)
- Checkmark Vision Insurance (490)
- Checkmark Health Savings Account (HSA) (479)
- Checkmark Life Insurance (486)
- Checkmark Supplemental Life Insurance (463)
- Checkmark Disability Insurance (476)
- Checkmark Occupation Accident Insurance (417)
- Health Care On-Site
- Checkmark Mental Health Care (441)
- Checkmark Retiree Health & Medical (386)
- Checkmark Accidental Death & Dismemberment Insurance (475)
Financial & Retirement
- Checkmark Pension Plan (224)
- Checkmark 401K Plan (2,028)
- Checkmark Retirement Plan (1,837)
- Checkmark Employee Stock Purchase Plan (318)
- Checkmark Performance Bonus (434)
- Checkmark Stock Options (275)
- Checkmark Equity Incentive Plan (211)
- Checkmark Supplemental Workers' Compensation (379)
- Checkmark Charitable Gift Matching (452)
Family & Parenting
- Checkmark Maternity & Paternity Leave (2,013)
- Checkmark Work From Home (307)
- Checkmark Fertility Assistance (343)
- Checkmark Dependent Care (418)
- Checkmark Adoption Assistance (459)
- Checkmark Childcare (360)
- Checkmark Reduced or Flexible Hours (306)
- Checkmark Military Leave (472)
- Checkmark Family Medical Leave (483)
- Checkmark Unpaid Extended Leave (439)
Vacation & Time Off
- Checkmark Vacation & Paid Time Off (2,024)
- Checkmark Sick Days (486)
- Checkmark Paid Holidays (484)
- Checkmark Volunteer Time Off (442)
- Sabbatical
- Checkmark Bereavement Leave (477)
Perks & Discounts
- Checkmark Employee Discount (1,945)
- Checkmark Free Lunch or Snacks (58)
- Checkmark Employee Assistance Program (474)
- Checkmark Gym Membership (165)
- Commuter Checks & Assistance
- Pet Friendly Workplace
- Checkmark Mobile Phone Discount (436)
- Company Car
- Checkmark Company Social Events (337)
- Travel Concierge
- Checkmark Legal Assistance (397)
Professional Support
- Checkmark Diversity Program (448)
- Checkmark Job Training (439)
- Checkmark Professional Development (415)
- Apprenticeship Program
- Checkmark Tuition Assistance (480)
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