Bank of America Corporation

https://www.bankofamerica.com/
Women's Ratings
  • Top rated company 2016
3.2
Employer Benefits
  • Lower
  • Median/
    Consensus
  • Upper

Corrections,
Tips & Comments

  • Vacation Allowance (weeks)

    • Lower: 2
    • Median/Consensus:
      Consensus
      2
    • Upper: 3
  • Paid Maternity Leave (weeks)

    • Lower: 12
    • Median/Consensus:
      Consensus
      16
    • Upper: 20
    • Bank of America offers 16 fully paid weeks off for new moms. They also offer 16 weeks off for adoptive parents.
  • Unpaid Maternity Leave (weeks)

    • Lower: 0
    • Median/Consensus:
      Consensus
      14
    • Upper: 26
  • Paid Paternity Leave (weeks)

    • Lower: 12
    • Median/Consensus:
      Consensus
      16
    • Upper: 20
    • Company offers 16 fully paid weeks off for new dads.
  • Unpaid Paternity Leave (weeks)

    • Lower: 26
    • Median/Consensus:
      Median
      26
    • Upper: 26
  • 401k Matching

    • Median/Consensus:
      100%
      Available
  • Healthcare

    • Median/Consensus:
      100%
      Available
  • On-Site Childcare

    • Median/Consensus:
      50%
      Not Available
    • Company backups childcare.
  • Flex-Time

    • Median/Consensus:
      100%
      Available
    • At Bank of America 39% of employees telecommute.
    • Companie's managers are trained to manage work/ life andflexibility concerns of employees.
  • Other Benefits

    • Company employs 55 % of women and 51 % of new hires are also women. At Bank of America 100 % of female employees participate in career counseling, 34% participate in management/ leadership trainings. 46% of managers and executives are women.
    • Company contributes to eldercare expenses.
    • Bank of America offers unlimited lifetime IVF treatment maximum. They use standard pre-authorization and lifetime medication maximum is not limited. Their plan will refuse to cover PGS testing and will not exclude any clinic.
    • Bank of America places no cap on the cost of treatment for an employee who demonstrates an infertility need. On the other hand, an employee of Bank of America, who happens to be a single-mother-by-choice, or part of a gay or lesbian couple, is not entitled to any of their lifetime benefit until they prove they are “infertile”.
    • Don't get cancer, you won't be paid for your time away from work.

What are the benefits at Bank of America Corporation? Bank of America Corporation offers 16 weeks of paid maternity leave, 14 weeks of unpaid maternity leave, healthcare, flextime, 401-k matching. These benefits are based on tips anonymously submitted by Bank of America Corporation employees.

Find Out

What are women saying about your company?

Click Here

Share This

  • Facebook
  • Twitter
  • Share with Friends
  • Share Anonymously