Great Place to Work®

At Bank of America, we’re committed to creating long-term value for our shareholders, delivering exceptional service to our clients and customers, and driving positive impact in the communities we serve.

Central to this mission is our investment in the people who make it all possible — our teammates. With a workforce of  approximately 212,000 individuals representing different backgrounds, experiences, skills and perspectives, we are intentional about fostering an inclusive culture where everyone has the opportunity to succeed.

Our focus on being a Great Place to Work and providing a culture of caring is key to driving Responsible Growth. That is why we continue to build a workplace where every teammate can build a career, knowing that we are committed to supporting teammates through affordable, competitive and flexible benefits, and investing in their physical, emotional and financial wellness.

At Bank of America, we’re committed to creating long-term value for our shareholders, delivering exceptional service to our clients and customers, and driving positive impact in the communities we serve.

Central to this mission is our investment in the people who make it all possible — our teammates. With a workforce of  approximately 212,000 individuals representing different backgrounds, experiences, skills and perspectives, we are intentional about fostering an inclusive culture where everyone has the opportunity to succeed.

Our focus on being a Great Place to Work and providing a culture of caring is key to driving Responsible Growth. That is why we continue to build a workplace where every teammate can build a career, knowing that we are committed to supporting teammates through affordable, competitive and flexible benefits, and investing in their physical, emotional and financial wellness.

Press releases

Press releases

Awards & recognition

Awards & recognition

Bank of America is an employer of choice, recognized for its leading culture, employee benefits, and professional development opportunities for teammates at all career stages. Here are a few of our recent accolades.

 

Frequently asked questions

Frequently asked questions

Question: Why is Bank of America a Great Place to Work?

Answer: Bank of America is a Great Place to Work because we are committed to creating an environment where employees are supported in their well-being and careers, with opportunities to grow and contribute to an inclusive culture aligned with Responsible Growth. In 2026, Bank of America was recognized on Fortune’s 100 Best Companies to Work For for the eighth consecutive year.

Question: How many people work at Bank of America?

Answer: Bank of America employs approximately 212,000 people worldwide across the U.S. and in more than 35 countries.

Question: Who leads employee and workplace culture at Bank of America?

Answer: Sheri B. Bronstein is the Chief People Officer and oversees Global Human Resources and enterprise-wide people programs at Bank of America.

Question: What benefits does Bank of America provide to employees?

Answer: Bank of America offers comprehensive benefits supporting physical, emotional and financial well-being, including health care, mental health resources, retirement benefits, paid leave, sabbatical, and education assistance, along with a dedicated Life Event Services team to help teammates navigate available benefits. Learn more about our employee benefits and perks.

Question: Does Bank of America pay minimum wage?

Answer: Yes. In 2025, Bank of America raised minimum wage to $25 per hour for full-time and part-time hourly positions in the U.S. The minimum annualized salary for full-time employees in the U.S. rose to more than $50,000.

Question: Why is Bank of America a great place to grow your career?

Answer: Bank of America invests in training and development through internal mobility programs and The Academy at Bank of America, which provides onboarding, education and professional development across roles and career stages.

Serving nearly 70 million clients globally requires a workforce with different skills, experiences and perspectives. From our highly competitive campus program and partnerships with public and private colleges and universities, to hiring individuals with military backgrounds, and investing in leadership and Manager Excellence programs, Bank of America is continuously supporting career development through learning and innovation at every stage.

Question: How does Bank of America report on its workforce commitments?

Answer: Bank of America transparently and publicly reports its workforce commitments, including through our Human Capital Management Report (PDF), annual disclosures and ongoing newsroom updates.

Question: Does Bank of America offer parental leave?

Answer: Yes. Bank of America provides 26 weeks of parental leave for birth or adoption, including 16 weeks of fully paid leave for eligible teammates.

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