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Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (“MLLA”), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. The Financial Wellness Tracker available through Benefits OnLine helps teammates assess where they are financially and connects them with personalized suggestions and company resources to improve their financial health. Automatically enrolling teammates into the 401 plan, as we know starting to save early helps with financial planning for retirement. Based on service for eligible U.S. teammates, we make an annual contribution of 2% - 3% regardless of employee 401 contribution level.
We offer quality health and insurance benefits and continue to provide wellness programs and resources, such as annual health screenings and the Get Active! Challenge to provide employees access to resources for a healthy lifestyle and help manage health care costs. By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security.
Financial Wellness
Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. And affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Programs, rates, terms and conditions are subject to change without notice. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. You should review any planned financial transactions that may have tax or legal implications with your personal tax or legal advisor.
We also have matching contributions of up to 5% of eligible pay on a dollar-for-dollar basis. Since 2012, there has been no increase in medical premiums for teammates earning less than $50,000. And since 2016, teammates who earn $50,000 to less than $100,000 have only seen a 2% increase. For all teammates, we vary the medical premium contribution by annual pay level, with larger company subsidies for those earning less. Also, our average contribution increases since 2012 have been at or below national health care trends. When life gets challenging, employees have access to our Employee Assistance Program, which provides free, 24/7 support for employees and anyone in their household.
Insurance
We have enhanced our paid bereavement leave across the globe to an industry-leading 20 days for full-time employees who lose a spouse, partner or child. To use our new program, click the above link or visit and log in using your existing username and password. In case your login for Workday Bank Of America Login is unsuccessful, you should recheck out your provided personal information again or you can choose another recommendation for Workday Bank Of America Login at our site. For most searches related to login, we also provide the official login link. With Workday Help, you get an intuitive, collaborative, and conversation-based solution to efficiently manage HR case.
At Bank of America, part of being a great place to work is creating opportunities for employees to grow, develop and build a career at our company. We invest in tools and resources to help employees manage their career with us. We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates . Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement.
Our Industry-Leading Sabbatical Program
Furthermore, you can find the “Troubleshooting Login Issues” section which can answer your unresolved problems and equip you with a lot of relevant information. Teams across our corporate functions are essential specialist teams that work to ensure the strategic, efficient and successful running of the bank's day-to-day business. Insurance Products are offered through Merrill Lynch Life Agency Inc. and/or Banc of America Insurance Services, Inc., both of which are licensed insurance agencies and wholly-owned subsidiaries of Bank of America Corporation. If you don't see an app for your device, you may still be able to access our mobile website by typing bankofamerica.com in your mobile web browser. Supporting our employees in their personal and professional lives makes Bank of America a great place to work. We are an industry leader in establishing an internal minimum rate of pay above all mandated minimums for our U.S. hourly teammates, and have made regular increases over the past several years.
Our benefit programs are designed to meet the diverse needs of employees at every stage of your life and help you plan for tomorrow. Our approach to physical wellness is built on the things we can do to help address health risks and manage health care costs for our teammates, including robust health and insurance benefits and wellness resources. Between current U.S.–based teammates and their families and retirees, we are responsible for providing comprehensive health, insurance and wellness benefits to nearly 400,000 people.
Human resources strategy is aligned to the business strategy, enabling the company to connect with customers and clients by attracting, recruiting, developing and retaining a world-class workforce. As a member of the GHR team, you also help the company provide comprehensive and competitive benefits, learning and development opportunities; support diversity and engagement initiatives; and promote an inclusive workplace for our employees worldwide. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
U.S. employees can speak with experienced financial counselors at the Benefits Education & Planning Center for free, personalized guidance with retirement planning, benefits coverage and creating a plan to reach financial goals. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please reviewBank of America Online Privacy Noticeand our Online Privacy FAQs. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs.
Financial assistance through our Employee Relief Fund for teammates who experience loss due to natural disasters or other unexpected emergency hardships. Teammates can receive up to $2,500 in relief for a qualified disaster and up to $5,000 for an emergency hardship. We are committed to supporting our teammates’ and their families’ wellbeing by offering flexible and competitive benefits. Amid news about the coronavirus (COVID-19), we are committed to doing everything we can to meet our clients' banking and investing needs. We're here with the solutions, support, and advice they need to manage their personal finances and to navigate the volatility of the market. Nothing will be better if users are provided with both login links and login guides for Workday Bank Of America Login.
Banking, markets and finance roles across the bank work directly with our customers across the U.S. and companies and institutional clients globally. By providing your mobile number you are consenting to receive a text message. You can click the Return to Bank of America button now to return to the previous page or you can use the Back button on your browser after you leave. Company goals are aspirational and not guarantees or promises that all goals will be met. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. We provided washable cotton face masks to every employee’s home to help protect them and their families.
Access to online tools, resources, and independent financial planners who can help you get the most from your employee benefits and achieve your personal financial goals. Here, U.S.-based Bank of America employees can access a wide range of benefits and programs to support you and your family when away from a work computer. The team works to create an environment where all employees have the opportunity to achieve their goals. We recognize that talented, engaged and satisfied employees are the foundation to help make the financial lives of our customers and clients better.
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