Great place to work

Bank of America is committed to being a great place to work and invested in our teammates' well-being and growth. That investment spans comprehensive benefits and meaningful career development, supporting employees at every stage of their lives and careers. Bank of America holds Great Place to Work® certification, reflecting survey results from its 213,000-person global workforce.

Employee benefits: Physical wellness

Bank of America promotes physical wellness by focusing on access, affordability and prevention. Here are a few of the physical wellness benefits we offer employees:

• Access to more than 425 onsite wellness clinics across the U.S., including free health screenings and opportunities to earn up to $1,000 in wellness credits toward annual medical premiums.
• 24/7 virtual care through Teladoc; more than 26,000 teammates and family members used Teladoc in 2025.
• Cancer care: MSK Direct offers expert cancer care and support through Memorial Sloan Kettering, providing timely access to specialized treatment guidance.
• Menopause & midlife health: Teammates and covered family members enrolled in a U.S. national medical plan can connect with providers across more than 30 specialties, join peer communities, and access educational resources and live classes at no cost through Maven.
• Global Get Active! Challenge: more than 54,000 employees in 36 countries participated in 2025, collectively taking more than 14.5 billion steps.

Employee benefits: Emotional wellness

Emotional wellness is essential to overall health and workplace effectiveness. Bank of America provides teammates with education, benefits, and resources that make mental health a priority.

• Virtual behavioral health care: Eligible employees and covered family members aged 13 and older have virtual access through Teladoc Health to licensed therapists and behavioral health specialists.
• Our Employee Assistance Program provides up to 12 free in-person counseling sessions per issue per year, plus unlimited phone consultations.
• Back-up care: We provide up to 50 days annually for children and adult dependents when regular arrangements are unavailable.
• Life Event Services: Our internal, highly specialized team of over 140 specialists across more than 10 locations offer personalized support and resources to teammates when they need it the most, including navigating retirement or military transition, terminal illness, natural disasters, and more. In 2025, the team supported nearly 49,000 cases.
• Sabbatical: Eligible teammates with 15+ years of service at Bank of America can take four to six paid weeks away from work in addition to regular vacation time; more than 36,000 employees have participated since 2023.
• Parental leave: We provide 26 weeks for birth or adoption, including 16 weeks fully paid for eligible teammates.
• Paid volunteer time and donation matching: Teammates can dedicate two paid hours each week to causes they care about; after 50 volunteer hours, employees may apply for a grant to support the nonprofit organization they serve.

Employee benefits: Financial wellness

Bank of America empowers financial wellness for its employees across life stages. We support the development of healthy financial habits — from managing everyday expenses to saving for long-term goals.

• Minimum wage: Bank of America raised minimum wage to $25 per hour for full-time and part-time hourly positions in the U.S. in 2025.
• Tuition assistance: U.S. teammates can receive up to $7,500 annually for eligible education expenses, with academic support resources available.
• Retirement benefits: Eligible employees can receive up to 5% matching 4 0 1 K 401(k) contributions plus a 2%to-3% annual company contribution.
• Sharing Success: Approximately 96% of Bank of America employees received awards totaling nearly $6.8 billion since 2017.
• Family planning reimbursement: We provide up to $20,000 for adoption, surrogacy or fertility treatments (eligible programs vary by plan and location).

Opportunity & Inclusion at Bank of America

Bank of America supports a culture of opportunity and inclusion, from our Employee Networks and championing neuroinclusion and universal accessibility.

• Employee Networks: Bank of America has 11 networks with 375+ chapters globally and 330,000+ memberships worldwide; 55%+ of the workforce participates in at least one network.
• Military and veterans: Bank of America has committed to hiring 10,000 individuals with military backgrounds over five years. Our Military Support & Assistance Group has 43 chapters and more than 22,000 members worldwide.
• Championing neuroinclusion and accessibility: More than 840 teammates completed neuroinclusion sessions in 2025; the Disability Action Network has 30 chapters and more than 23,700 members.

Career Growth & Development at Bank of America

Bank of America is committed to investing in career growth and development to attract and retain world-class talent.

• In 2025, Bank of America made 18,000+ new hires, including 1,700+ full-time campus hires and 645+ military and veteran hires.
• Internal mobility: In 2025, more than 14,000 employees transitioned into new roles at Bank of America and 44% of roles were filled internally.
• The Academy at Bank of America: Our award-winning onboarding, education, and professional development organization is dedicated to the career success of all employees. In 2025, 66,000+ Academy program enrollments supported 7.6 million+ hours of training, including upskilling for new AI capabilities.