At Bank of America, our work is defined by an unmatched commitment to our customers and our employees. We are proud of the excellence we achieve and the employees 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 employees 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.
We offer a comprehensive benefits package including medical, dental and vision plans that will provide you and your family (including domestic partners) with high-quality healthcare. Our life and disability insurance options provide income replacement in the event of serious injury or death.
In addition, we offer flexible spending accounts for healthcare and dependent care.
Our comprehensive Life Management programs are designed to assist employees 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
We offer a 401(k) plan with, after one year of service, an annual company contribution of 2-3% of eligible compensation and company-matching contributions of up to 5% of eligible compensation.
Not all employees 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 employee or potential employee. All programs and benefits are subject to change at any time.
