The Work Index by Flexa

Bank of America

Please provide me with the name of the company so I can write a one-sentence introduction. I need to know which company you're referring to in order to write an accurate and relevant introduction!

https://www.bankofamerica.com/
6.0

/10

Transparency ranking

Work at Bank of America?

Tell us what we're missing about working at Bank of America so we can make the job search more transparent for everyone.

Description

Bank of America is a leading global financial institution serving over 67 million consumer and small business clients worldwide. Founded in 1904, the company has a long history of providing a wide range of financial products and services, including banking, investment management, wealth management, and lending. Bank of America is committed to responsible growth, focusing on environmental sustainability, social responsibility, and inclusive economic development. It has a strong focus on serving diverse communities and advancing financial inclusion through various initiatives and programs.

Bank of America is a key player in the financial services industry, with a global reach and a commitment to serving its customers and supporting its employees. It is a major employer, providing a wide range of career opportunities and emphasizing employee development and well-being. Bank of America is also a significant contributor to its communities through philanthropic activities, charitable donations, and community outreach programs. It plays a vital role in driving positive change in the financial services industry and the broader global economy.

Flexibility

Bank of America offers flexible work arrangements, recognizing the importance of balancing work and personal life. While the specific type of flexibility offered may vary depending on the role, the company emphasizes a multifaceted approach to flexibility, including hybrid work schedules, remote work options, and flexible hours. These arrangements are designed to meet the diverse needs of employees and promote a positive work-life balance.

Hybrid

Benefits

Bank of America offers a comprehensive benefits package designed to support employees' physical, emotional, and financial well-being. This includes industry-leading benefits like health insurance, paid time off, and retirement savings plans. They also provide resources and support to help employees make a genuine impact and contribute to the sustainable growth of the business and the communities they serve.

Enhanced parental leave

Mission

Bank of America's mission is to help make financial lives better through the power of every connection. They strive to achieve this by providing a full range of banking, investment management, and other financial services to individuals, small businesses, large corporations, and governments. They are committed to responsible growth, meaning they prioritize client focus, sustainability, and making a positive impact on their communities, employees, and shareholders.

Automation
Data-driven
Environmental impact driven
Healthcare
Improving quality of life/health
Social impact led
Sustainability
Tech for good
Women’s health focused

Culture

Bank of America fosters a culture of "Responsible Growth," which means they prioritize ethical and sustainable practices in all aspects of their business. They strive to be an inclusive workplace that values diversity and embraces different perspectives, encouraging teamwork and collaboration to achieve goals. Bank of America is also dedicated to the well-being of their employees, offering competitive benefits and promoting work-life balance to ensure a healthy and supportive environment.

Agile and dynamic
Collaborative
Engaging
People-first
Progressive
Supportive
Transparent

DE&I

Bank of America is committed to fostering a diverse and inclusive workplace where all employees can thrive and contribute to the company's success. They recognize the importance of reflecting the diversity of their clients and communities and have established robust programs and initiatives to advance racial equality and economic opportunity. These include leadership councils, employee networks, external partnerships, and internal resources focused on building understanding and driving progress in the workplace.

Disability representation
Ethnically diverse
Gender diverse
LGBTQ+ representatiion
Neurodiverse

Similar companies. But verified.

Empolyee verified