What benefits does Bank of America provide?
2 Answers from Employees at Bank of America
- 0Helpful
Some benefits and/or aspects of benefits are based on pay level. Benefits for full-time employees include (not an exhaustive list): health insurance (premium levels based on pay scale) w/company contributions to HSA accounts if eligible; 401(k) match of 2% annual salary plus matching contributions up to 5% (available after 1 yr. of employment); company-paid life and disability insurance with options for expanded coverage; paid vacation, sick leave, parental leave (I believe hours of sick/vacation time is dependent on pay scale); tuition reimbursement (if connected to employment); employee discounts on merchandise/event tickets, etc. I've only been full-time for a couple months, and I don't really have much to compare it to, as I haven't held jobs at other similar-caliber companies, but to me the benefits seem fairly good. I wasn't particularly impressed with the 401(k) investment options, esp. considering this is Bank of America, but the annual match is pretty good.
- 0Helpful
I’m palaver there is a lot of benefits but in real life all of that you read in paper is not true
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