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Bank of America Signing Bonus

Based on feedback from 45 Bank of America employees about sign on bonuses, 71% said “I didn't receive a signing bonus.”In the case of employees at Bank of America who did receive a bonus the most common sign on bonus received was $10,000+. Employees with a Master's degree were most likely to receive a $10,000+ sign on bonus, whereas those with a Associate's degree were most likely to receive no sign on bonus. Lastly, employees at Bank of America's New York office were most likely to receive a sign on bonus, in comparison to employees at Bank of America's Los Angeles office who were least likely to receive a signing bonus.

Q: When you were hired at your current job, what was the cash amount of your signing bonus?

Answered by 45 Bank of America employees

Gender

Male

I didn't receive a signing bonus
72%
$1 - $1,000
8%
$1,000 - $5,000
0%
$5,000 - $10,000
4%
$10,000+
16%

Female

I didn't receive a signing bonus
70%
$1 - $1,000
5%
$1,000 - $5,000
20%
$5,000 - $10,000
0%
$10,000+
5%

Ethnicity

80%
I didn't receive a signing bonus

African American/Black employees at Bank of America answered I didn't receive a signing bonus the most among all other ethnicities.

Caucasian employees at Bank of America answered $1,000 - $5,000 the least among all other ethnicities.

  • Caucasian
  • Hispanic or Latino
  • African American/Black
  • Asian or Pacific Islander
  • Other
I didn't receive a signing bonus
75%
$1 - $1,000
11%
$1,000 - $5,000
7%
$5,000 - $10,000
0%
$10,000+
7%
I didn't receive a signing bonus
60%
$1 - $1,000
0%
$1,000 - $5,000
40%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
80%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
20%
I didn't receive a signing bonus
80%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
20%
I didn't receive a signing bonus
34%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
33%
$10,000+
33%

Department

86%
I didn't receive a signing bonus

Bank of America employees in Operations answered I didn't receive a signing bonus the most among all other departments.

  • Engineering
  • Operations
  • Finance
  • Customer Support
I didn't receive a signing bonus
67%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
33%
I didn't receive a signing bonus
86%
$1 - $1,000
14%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
33%
$1 - $1,000
0%
$1,000 - $5,000
67%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
75%
$1 - $1,000
0%
$1,000 - $5,000
25%
$5,000 - $10,000
0%
$10,000+
0%

Age

100%
I didn't receive a signing bonus

Bank of America employees aged 31-35 answered I didn't receive a signing bonus the most among all other ethnicities.

Bank of America employees aged 36-40 answered $1,000 - $5,000 the least among all other ethnicities.

  • 18-25
  • 26-30
  • 31-35
  • 36-40
  • 41-45
I didn't receive a signing bonus
67%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
33%
$10,000+
0%
I didn't receive a signing bonus
43%
$1 - $1,000
14%
$1,000 - $5,000
29%
$5,000 - $10,000
0%
$10,000+
14%
I didn't receive a signing bonus
100%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
58%
$1 - $1,000
17%
$1,000 - $5,000
8%
$5,000 - $10,000
0%
$10,000+
17%
I didn't receive a signing bonus
100%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%

Education

100%
I didn't receive a signing bonus

Bank of America employees with answered I didn't receive a signing bonus the most among all other education levels.

Bank of America employees with a Some college degree answered $1,000 - $5,000 the least among all other education levels.

  • High school
  • Some college
  • Associate's
  • Bachelor's
  • Master's
I didn't receive a signing bonus
67%
$1 - $1,000
0%
$1,000 - $5,000
33%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
80%
$1 - $1,000
0%
$1,000 - $5,000
10%
$5,000 - $10,000
10%
$10,000+
0%
I didn't receive a signing bonus
100%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
61%
$1 - $1,000
13%
$1,000 - $5,000
13%
$5,000 - $10,000
0%
$10,000+
13%
I didn't receive a signing bonus
60%
$1 - $1,000
20%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
20%

Experience

82%
I didn't receive a signing bonus

Bank of America employees with Over 10 Years experience answered I didn't receive a signing bonus the most among all other segments.

  • 1 to 3 Years
  • 3 to 6 Years
  • 6 to 10 Years
  • Over 10 Years
I didn't receive a signing bonus
57%
$1 - $1,000
29%
$1,000 - $5,000
14%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
50%
$1 - $1,000
0%
$1,000 - $5,000
17%
$5,000 - $10,000
16%
$10,000+
17%
I didn't receive a signing bonus
78%
$1 - $1,000
11%
$1,000 - $5,000
11%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
82%
$1 - $1,000
0%
$1,000 - $5,000
5%
$5,000 - $10,000
0%
$10,000+
13%

Location

100%
I didn't receive a signing bonus

Bank of America employees in Charlotte, NC answered I didn't receive a signing bonus the most among all other locations.

Bank of America employees in Dallas answered $10,000+ the least among all other locations.

  • Charlotte, NC
  • Dallas
  • Los Angeles
  • New York
  • Phoenix
I didn't receive a signing bonus
100%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
83%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
17%
I didn't receive a signing bonus
100%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%
I didn't receive a signing bonus
50%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
50%
I didn't receive a signing bonus
100%
$1 - $1,000
0%
$1,000 - $5,000
0%
$5,000 - $10,000
0%
$10,000+
0%

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