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Bank of America Associate Benefits Quick Reference Guide A Presentation By: Mindy E. Truex. One Brief Note. This presentation is a general guide to some of the benefits offered to associates of Bank of America For in-depth explanations of all your benefits, review your 2002 Associate Handbook.
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Bank of America Associate Benefits Quick Reference GuideA Presentation By:Mindy E. Truex
One Brief Note • This presentation is a general guide to some of the benefits offered to associates of Bank of America • For in-depth explanations of all your benefits, review your 2002 Associate Handbook
Heath Care • All Full-Time and Part-Time associates are eligible for medical, dental, and vision insurance subsidized by the bank • There are a variety of plans to choose from
401 (k) Plan • All associates (Hourly, Part-Time, and Full-Time) are eligible to set aside up to 15% of their paycheck on a pretax basis for retirement. • The bank will match up to 5% of this contribution.
Pension Plan • All Full-Time and Part-Time associates are eligible to receive this benefit. • They are given an account that grows with company-paid compensation credits and investment credits.
Employee Assistance Program • All associates are eligible. • Provides confidential, short-term counseling for any personal issue. • Offers unlimited counseling by telephone from experienced attorneys on any legal issue.
LifeWorks • All associates are eligible. • Experts offer seminars all over the country on such topics as achieving balance in life, parenting, elder care, and financial counseling.
Child Care Plus • All Part-Time and Full-Time associates who meet income requirements are eligible to receive reimbursement of up to $152 a month for child care expenses of children younger than 13.
Tuition Reimbursement • All associates may receive reimbursement for tuition and tuition-related expenses,with a maximum of $2000 per calendar year for undergraduate courses and a maximum of $4000 per calendar year for graduate courses.
Adoption Reimbursement • All Full-Time and Part-Time Associates are eligible to be reimbursed up to $4000 per adopted child, under the age of 18, for adoption related expenses.
Flexible Work Schedules • Full-Time and Part-Time associates are eligible to participate in such programs as Flex-time, Telecommuting, Phase-in, SelectTime, and a Compressed work schedule.
Vacation • Part-Time and Full-Time Associates are eligible for paid vacation time. • The amount of annual vacation is based on an associates job and and his or her length of continuous full-time or part-time service.
Thank You For Your Interest Best of Luck to You in the Future!