Benefits & Family Policies
Verified Partner Data
flex work benefit
Flexible working
Flexible Work Arrangements
You may be able to take advantage of a work arrangement that gives you flexibility in balancing your life and work schedules. Flexible work arrangements are mutually agreed upon by a manager and an employee.
parental leave
Overview
After working one year for Bank of America, employees can take up to 16 weeks of paid maternity, paternity and adoption leave. Our parental leave gives employees the flexibility to take time when it works for their family, within 12 months after a new child arrives.
Paid maternity
Yes, 16 weeks
Paid paternity
Yes, 16 weeks
Paid adoptive
Yes, 16 weeks
Crowdsourced Employer Benefits
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Employer Benefits
Lower
Median/ Consensus
Upper
Corrections, Tips & Comments
Vacation Allowance(Weeks)
3
Median/Consensus: 3
3
- 3 weeks to start for hourly associates. Does eventually reach 5 with 25 years of service.
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Paid Maternity Leave (weeks)
6
Median/Consensus: 16
20
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Unpaid Maternity Leave (weeks)
0
Median/Consensus: 0
12
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Paid Paternity Leave (weeks)
16
Median/Consensus: 16
16
- Paternity leave is available but gerrralky frowned upon to use
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Unpaid Paternity Leave (weeks)
Median/Consensus: ?
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401k Matching
Median/Consensus: Available
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Healthcare
Median/Consensus: Available
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On-Site Childcare
Median/Consensus: Not Available
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Flex Time
Median/Consensus: ?
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Other Benefits
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What should you expect in this industry?
Finance: Asset Management
What benefits do employers in the Finance: Asset Management industry offer?
| Benefits | Median | Average |
|---|---|---|
| Vacation Allowance(Weeks) | 3 | 5 |
| Paid Maternity Leave (weeks) | 12 | 12 |
| Unpaid Maternity Leave (weeks) | 4 | 6 |
| Paid Paternity Leave (weeks) | 4 | 6 |
| Unpaid Paternity Leave (weeks) | 3 | 5 |
| 401k Matching | Available | Available |
| Healthcare | Available | Available |
| On-Site Childcare | Not Available | Not Available |
| Flex Time | Not Available | Not Available |
Vacation Allowance(Weeks)
Median: 3
Average: 5
Paid Maternity Leave (weeks)
Median: 12
Average: 12
Unpaid Maternity Leave (weeks)
Median: 4
Average: 6
Paid Paternity Leave (weeks)
Median: 4
Average: 6
Unpaid Paternity Leave (weeks)
Median: 3
Average: 5
401k Matching
Median: Available
Average: Available
Healthcare
Median: Available
Average: Available
On-Site Childcare
Median: Not Available
Average: Not Available
Flex Time
Median: Not Available
Average: Not Available
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