Bank of America Benefits FAQ

Read what Bank of America employees think about benefits at the company.

If you want to see a full list of benefits and perks at Bank of America listed by categories, head to their Benefits page. From insurance, health and wellness to vacation and more, find out what you could benefit from when working at Bank of America.

All answers shown come directly from Bank of America Reviews and are not edited or altered.

Does Bank of America offer malpractice insurance?

29 English reviews out of 29

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February 18, 2021

Pros

Benefits- paid days off, 401K match, multiple insurance options, childcare and tuition expense reimbursement, etc.

Cons

Rude customers. Exposure to being robbed or assaulted. You must make sales calls and meet a quota for client appointments and varying client interactions, like setting up online banking.

paid days off, 401K match, multiple insurance options, childcare and tuition expense reimbursement, etc.

February 18, 2021

Reviewed by: Relationship Banker in Fayetteville, AR (Current Employee)

May 8, 2021

Pros

It's awesome for young adults. Great leave policies for having a kid, helps pay for daycare for lower earners, affordable insurance based on salary.

Cons

Worrying to much about nonsense paperwork that stupid check boxes are checked yet not worried about actual requirements are giving and met. They cater to the young people with leave, but does NOTHING for middle age people long term employees who have to care for elderly parents. Makes sure you know you are replaceable with an offshore resource at any time.

Advice to Management

Instead of PC lip service have REAL dialogue about how to live together and how developing a community is more important than race/orientation/gender.

Great leave policies for having a kid, helps pay for daycare for lower earners, affordable insurance based on salary.

May 8, 2021

Reviewed by: Senior Applications Developer/Analyst in Jacksonville, FL (Current Employee)

December 20, 2020

Pros

money, work from home, insurance

Cons

no holidays off, micro managing, no work life balance

money, work from home, insurance

December 20, 2020

Reviewed by: Fraud Analyst in Fort Worth, TX (Current Employee)

January 11, 2021

Pros

- strong personable team - employee perks (insurance, lifestyle benefits etc)

Cons

- bureaucratic and the management of KYC

employee perks (insurance, lifestyle benefits etc)

January 11, 2021

Reviewed by: Treasury Sales Analyst in London, England, England (Current Employee)

October 3, 2019

Pros

Great hours, no weekends, 401k, insurance, bank holidays

Cons

Aggressive add in selling, not much room to grow.

Advice to Management

Provide multiple teller levels

Great hours, no weekends, 401k, insurance, bank holidays

October 3, 2019

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29 English reviews out of 29

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