Bank of America

100 Best Companies 2020-Bank of America
Courtesy of Bank of AmericaCourtesy of Bank of America

    The banking giant doesn’t let its vast organizational scale get in the way of a fulfilling employee experience—and believes all types of people can bring something unique to the company. Bank of America’s support-services department employs more than 300 people with cognitive and developmental disabilities and provides them with an environment where they can advance their careers and realize their potential. On the volunteer front, the company’s Better Money Habits program is committed to improving the financial lives of ordinary people, with more than 3,400 employees having worked with nearly 600 nonprofits across the U.S. to provide financial resources to at-risk youths, single parents, and the elderly. Read the Great Place to Work review.

    Company Info

    Rank last year92
    Years on list2
    HQ locationCharlotte, N.C.
    Job openings (as of February 2020)-
    IndustryFinancial Services & Insurance
    Revenue, 2019 or most recent year ($M)$113,589
    Year founded1874
    Type of organizationPublic
    Number of work sites5,139


    100% health coverageNo
    Unlimited sick daysNo
    Job sharingNo
    Subsidized childcareYes
    Compressed work weeksYes
    Fully-paid sabbaticalsYes
    On-site fitness/subsidized gymYes
    On-site medical care facilityNo
    Non-discrimination policy includes sexual orientationYes
    Health insurance for part-timersYes
    Sick days for part-timersYes
    College tuition reimbursementYes
    Student loan debt repaymentNo
    Medical facility at all locationsNo


    % Women-
    % Minorities45.6%
    % African-American/Black13%
    % Asian12.7%
    % Caucasian/White54.4%
    % Hispanic/Latino17.2%
    % Native American/Alaska Native0.4%
    % Native Hawaiian/Pacific Islander0.3%
    % Two or more races1.9%
    % Unknown ethnicity-
    Date info providedAug. 27, 2019

    Paid Time Off

    PTO limit (days)30
    # Sick days10


    Most common job (for salaried employee)-
    Avg. base pay (salaried)-
    Avg. extra compensation (salaried)-
    Total pay for most common job (salaried)-

    Hiring/Staffing (Past 12 Months)

    Full-time and part-time job growth-3%
    # of job applicants-
    Avg. # of applicants per opening23
    # New graduates hired-