Company Profile
Bank of America
Company Overview
Throughout Bank of America's history, we have held one purpose - to help everyone we work with realize their dreams. In fulfilling this purpose, a constant theme in our work has been “opportunity.”
We create opportunities for customers to buy a home, to attend college, or to retire with security. We create opportunities for businesses to grow. We create opportunities for all of us to build stronger communities in which to live and work. And, we also create opportunities for our associates to fulfill their personal and professional potential.
Equal Employment Opportunity and Affirmative Action Statement
Employment Application Data Protection Notice
Benefits
Benefits & Other Programs. Explore a career with the Bank of Opportunity.
Benefits
At Bank of America, our work is defined by an unmatched commitment to our customers and our associates. We are proud of the excellence we achieve and the associates who make it possible. That's why we think it is important to provide premier benefits including health, life management, and retirement benefits that work together to support associates now and for the future.
Performance-based compensation
In addition to strong base compensation, bonuses and incentive programs are important parts of our overall compensation package.
Health & Insurance Benefits
We offer a choice of medical, dental and vision plans that will provide you and your family (including domestic partners) with high-quality healthcare. We pay a majority of the cost for associate medical coverage.
Our range of insurance plans provides income replacement in the event of serious injury or death.
We offer flexible spending accounts for healthcare and dependent care, as well as bank-funded healthcare accounts for eligible associates.
Life Management Benefits
Our comprehensive Life Management programs are designed to assist associates with many of life's challenges and opportunities by providing benefits such as:
Programs to help with locating and paying for dependent care
Adoption reimbursement
Flexible work arrangements
Tuition reimbursement
Support through our LifeCare® and Employee Assistance Programs
Auto & Home insurance
Retirement Benefits
We offer a 401(k) retirement savings plan with a company match after one year of service for contributions up to 5% of plan-eligible compensation, a company-funded pension plan, and our Rewarding Success Program, which rewards eligible associates for their contributions to the company's success.
Other Programs: Your Finances, Community Commitments, and Education
Bank of America also provides a dedicated Associate Banking & Investments team, assistance with associate home ownership, and multiple programs to support our associates' commitment to volunteerism, charitable giving and education.
Not all associates are eligible to participate in all benefit programs. The terms and conditions of the benefits described above may be governed by written benefit plans and/or other documents. The above stated description of benefits is intended as a summary and for informational purposes only; this document does not create a contract between the company and any associate or potential associate. All programs and benefits are subject to change at any time.