the power to do your best work
What would you like the power to do?
At Bank of America we are here to serve, and listening to how people answer this question is how we learn what matters most to them, so we can help them achieve their goals. We had one of our best years ever in 2018: strong recognition for customer service in every category, the highest levels of customer satisfaction and record financial results that allow us to keep investing in how we serve you.
To serve you well, we need a great team. We have one. And we are investing in them.
• We are proud of our 16-week paid parental leave policy — maternity, paternity and adoption — along with a new parent kit, backup child care and more enhanced resources coming in 2019.
• We increased our starting wage to $15/hour in Feb 2017 — two years ago — becoming one of the first financial services organizations in the U.S. to do so.
• Health care premium increases for two-thirds of our U.S. employees have been held to less than one-third the national average for eight years.
• More than 50% of our global workforce are women and more than 45% of our U.S.-based workforce is racially diverse.
• Support for employees experiencing personal loss, including 20 days paid bereavement. Standing by employees impacted by crisis, with dedicated specialists on the Life Events Services Team.
We are proud to be recognized for how we help our employees and for our commitment to being a great place to work.