Skip to Content
The financial services giant addressed employee welfare and economic well-being on numerous fronts in 2020. BofA saw through a previous commitment to increase its U.S. minimum hourly wage to $20—doing so a year ahead of schedule. The company made sure to help working parents during a stressful time, providing 3 million days’ worth of backup child and adult care and investing $300 million in care reimbursements for employees. High-risk workers were reassigned to roles they could perform remotely during the pandemic, while BofA continued to pay wages and salaries to those unable to work remotely. And the bank’s employee relief fund provided more than $6 million in grants to those experiencing emergency financial hardships.
Courtesy of Bank of America
Lists ranking Bank of America
Change the World - 2021These companies use the creative tools of capitali...READ MOREview in list
75 Best Large Workplaces for Women - 2021The companies on this year's list make a conscious...READ MOREview in list
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list
100 Best Companies to Work For - 2021Our 2021 list of the 100 best companies to work fo...READ MOREview in list
World’s Most Admired Companies - 2021After a year in which humanity leaned more heavily...READ MOREview in list