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OUR BENEFITS

Employee benefits and perks

Being your best self at work means having resources that support you personally and professionally. We offer a variety of competitive programs and benefits designed to meet you at every stage of your life and help you plan for tomorrow.

Similar offerings are available in other locations across the globe. Your Global Talent Acquisition specialist can share more information about the specific Bank of America benefits available in your area.

If you’re a student, learn more about our Campus program benefits and perks.

Our competitive and flexible health and insurance benefits support maintaining a healthy lifestyle and managing health care costs. Get access to quality health and insurance benefits, with the option to join wellness programs and resources, such as annual health screenings and our Global Get Active! Challenge.

Talk to a board-certified doctor or mental health specialist by phone or video anytime, anywhere with Teladoc Health, if enrolled in a national bank medical plan.

Access to a Family Support program that offers expert preconception, pregnancy, adoption, fertility, infancy, egg freezing, surrogacy, postpartum and pediatric support at no cost to parents and future moms and dads enrolled in a national bank medical plan.

Access to everything from cancer and menopause support programs, to a health resource that combines a smart app with live, personalized support to help teammates meet their health and wellness goals.

When life gets challenging, employees have access to our Employee Assistance Program (EAP), which provides unlimited, confidential, free 24/7 phone access to counseling specialists for employees and anyone in their household, as well as 12 free in-person confidential sessions per issue annually.

Access to onsite EAP specialist at 34 U.S. employee locations.

No-cost mindfulness apps and ongoing mindfulness training for teammates.

Virtual mental health consultations via Teladoc Health (for those aged 13 and older).

Access to our unique Life Event Services (LES) team, which provides personalized support and connection to the right resources for crises events, domestic violence, survivor support and other important issues and life events.

Industry-leading leave of 26 weeks for new parents — 16 weeks of which are fully paid for eligible teammates. Back-up child and adult care is available when regular arrangements aren’t available.

Eligible employees have access to paid vacation, sick and personal time off as well as paid sabbaticals that reward longevity with the company.

Paid bereavement leave of 20 days across the globe for full-time employees who lose a spouse, partner or child.

A robust volunteer program with paid time off — up to two hours per week — during work hours, with manager approval to support your community.

Eligible U.S. employees can receive company matching contributions to their 401(k) Plan — up to 5% of eligible pay — plus, an annual company contribution of 2% or 3% of eligible pay (based on years of service).

U.S. employees can speak with experienced independent financial counselors at the Benefits Education & Planning Center (BEPC) for free to receive personalized guidance with retirement planning, benefits coverage and creating a plan to reach financial goals.

Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.

Employees looking to further their education can receive up to $7,500 per year in tuition assistance when pursuing job-related courses, degrees and professional certifications.

Our Family Planning Reimbursement provides flexibility to eligible U.S.-based employees with up to a collective of $20,000 lifetime reimbursement on their choice of eligible adoption, fertility and/or surrogacy expenses.

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Helping employees with significant life events

For the moments when you need support the most, our internal, highly specialized Life Event Services group consists of empathetic team members who can offer personalized help with:

Retirement
Navigating post military life
Working with a medical accommodation need in the workplace
Critical events such as natural disasters, fires or acts of violence
Complex leaves of absence
Domestic violence
Survivor support
Terminal illness

If life takes an unpredictable turn, our Employee Relief Fund offers support for employees experiencing a financial hardship resulting from a sudden, severe and unexpected event. Employees can also donate to the fund and help their fellow teammates.

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Supporting your goals for tomorrow

Access a wide array of internal and external resources — delivered by The Academy at Bank of America — to help understand your strengths, identify opportunities and develop skills to support your personal development and career growth.

Career development resources

Make achievement possible

Join us in shared purpose to make financial lives better through the power of every connection.

For professionals