Bank of America Employee Benefits
All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. Please contact the employer to understand the benefits connected to a relevant job.
Overall Benefits and Compensations
Benefits found on job postings
- Bonus pay
- Tuition reimbursement
10 benefit categories
1.7k reviews about benefits at Bank of America
Insurance
- Dental insurance
- Disability insurance
- Health insurance
- Vision insurance
- Life insurance
Dental insurance
Now for the positive aspects of this job is you get great benefits and you get to have Medical, vision, dental insurance with vacation and sick days. - view all
Disability insurance
Bank of America offers great benefits like Child Care Reimbursement, 401K matching, Discount program, Short Term and Long Term Disability and many different health insurance programs. - view all
Vision insurance
Now for the positive aspects of this job is you get great benefits and you get to have Medical, vision, dental insurance with vacation and sick days. - view all
Life insurance
They do offer amazing benefits such as paid maternity and paternity leave, paid vacation and sick time, partial childcare and tuition reimbursement, medical, dental, vision, 401k and life insurance. - view all
Details about Insurance
Dental insurance (13 reviews)
Disability insurance (2 reviews)
Health insurance (897 reviews)
Vision insurance (29 reviews)
Life insurance (11 reviews)
Leave
- Bereavement leave
- Military leave
- Parental leave
- Paid time off
- Unlimited paid time off
Bereavement leave
They also have really good benefits that are not found at most companies such as 16 week maternity/paternity leave, life insurance for dependents, and 20 day bereavement leave. - view all
Military leave
I was treated as an equal by my manager who I was trained to do his job for when he was out on military leave. - view all
Parental leave
love bank of america, especially the paternity leave 2 months of spending time with your newborn. - view all
Details about Leave
Bereavement leave (3 reviews)
Military leave (1 reviews)
Parental leave (53 reviews)
Paid time off (217 reviews)
Unlimited paid time off (1 reviews)
Flexibility at work
- Work from home
- Flexible schedule
Work from home
Had a lot of great perks like ability to work from home, and flexible hours, but seems to be shrinking its footprints in California. - view all
Flexible schedule
However, they do offer flexible schedules and work from home for some who tend to work longer hours. - view all
Details about Flexibility at work
Work from home (144 reviews)
Flexible schedule (208 reviews)
Childcare
- Childcare
Childcare
Pros- daycare reimbursements, 401k match , great pay, paid vacations and holiday pay. - view all
Details about Childcare
Childcare (100 reviews)
Health & wellness
- On-site gym
Details about Health & wellness
On-site gym (13 reviews)
Financial perks
- Bonus pay
- Fuel discount
- Commuter assistance
- Performance bonus
- Health savings account
- Paid housing
- Employee discount
- Quarterly bonus
- Partner benefits
- Stock options
- Loan assistance
- Yearly bonus
- Signing bonus
- Flexible spending account
- Monthly bonus
Bonus pay
Bank of America as a contractor so I'm not sure how the difference would feel in the perks of being a permanent employee but I always felt the contractors was singled out under compensated even when the permanent employees receive the Rays we did the same work even better because the numbers increased once I Contracting training team came on the floor their numbers increased in a positive way and we still were paid the same as when we came in the door but all the permanent employees receive raises on top of we were never eligible for bonuses - view all
Commuter assistance
I worked on N Tryon in Charlotte NC, there were awesome supervisors and managers and family oriented for sure, parking and transportation excellent employee benefits. - view all
Performance bonus
This company not only offers competitive pay but also offers bonuses based on performance in certain departments. - view all
Health savings account
They gave me 15 days of PTO, Health insurance, an HSA and Dental and vision coverage. - view all
Paid housing
The most enjoyable part of the job is seeing the wide variety of housing available in Northern Nevada and how these house have been modified. - view all
Stock options
Bank of America was a great place to work they paid well, and after a certain time you were eligible for stock options which I used to buy a new car. - view all
Loan assistance
There were times that my job became streneous with having to decline a homeowner that may not have qualified for any loan assistance at the time, that sometimes become hard because you want to assist them all, however you have to go by guidelines & realize you aren't going to be assist everyone. - view all
Signing bonus
I left because Wachovia (now Wells Fargo) offered me a signing bonus and a raise. - view all
Flexible spending account
Bank of America Merrill Lynch has a great benefits package which includes medical, dental, vision, 401k, health savings accounts, flexible spending accounts, paid time off, 4 months paid maternity/paternity leave, etc. - view all
Details about Financial perks
Bonus pay (29 reviews)
Fuel discount (1 reviews)
Commuter assistance (1 reviews)
Performance bonus (2 reviews)
Health savings account (4 reviews)
Paid housing (1 reviews)
Employee discount (17 reviews)
Quarterly bonus (10 reviews)
Partner benefits (1 reviews)
Stock options (21 reviews)
Loan assistance (1 reviews)
Yearly bonus (19 reviews)
Signing bonus (3 reviews)
Flexible spending account (2 reviews)
Monthly bonus (15 reviews)
Reimbursements
- Tuition reimbursement
Tuition reimbursement
There are tuition reimbursement programs, but the amount you can be reimbursed is capped annually. - view all
Details about Reimbursements
Tuition reimbursement (103 reviews)
Retirement
- Retirement plan
Retirement plan
Pros- daycare reimbursements, 401k match , great pay, paid vacations and holiday pay. - view all
Details about Retirement
Retirement plan (167 reviews)
Meals
- Food provided
Food provided
Customer Service oriented and a productive work environment with a lot of fun such as free lunches and employee recognition events. - view all
Details about Meals
Food provided (38 reviews)
Other benefits
- Matching gift program
- Visa sponsorship
- Employee assistance program
- Employee mentoring program
Matching gift program
I was pleased with their community outreach and their matching gifts program too. - view all
Visa sponsorship
And for all the weird reasons, H1b Visa workers are treated like slaves, and are only brought in when needed, and squeeze the juice out of them and thrown out when the work is done. - view all
Employee assistance program
They have EAP program to help with the life balance, but they are by the book by write ups and don't use descripancy because managers are graded how they rate. - view all
Details about Other benefits
Matching gift program (1 reviews)
Visa sponsorship (3 reviews)
Employee assistance program (1 reviews)
Employee mentoring program (26 reviews)