1 Investment products are available from Merrill Lynch, Pierce, Fenner & Smith Incorporated. We have enhancedourpaid bereavement leave across the globe to an industry-leading 20 days for full-time employees who lose a spouse, partner or child. Our contract language is German. More than 100,000 employees, family members and retirees have worked with our highly trained and empathetic Life Event Services team members who provide support around: And in the moments when life takes an unpredictable turn, we offer support for our employees who are experiencing a financial hardship resulting from a sudden, severe and unexpected event through our Employee Relief Fund. At Bank of America, we are committed to working with our institutional clients to provide financial wellness and benefits offerings that address the evolving needs and expectations of their workforce. Given the competitive environment for skilled employees, offering a compelling benefits program gives companies an edge to attract and retain talent and help grow their businesses, said Alastair Borthwick, head of Global Commercial Banking. Virtual consults with physicians also available in some countries outside the U.S. Key features include: Merrill will act as a 3(21) fiduciary for participants using Personal Retirement Strategy, and a 3(38) fiduciary with respect to the plan assets enrolled in Merrill Managed. 2020 Bank of America Corporation. Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise. ICP15016286-1 | 32021402001016 | , Home We need more companies like Bank of America that show they care for employees not just as workers, but as human beings., - Sheryl Sandberg, COO of Facebook, on our bereavement policy. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. If you opt out, though, you may still receive generic advertising. Member FDIC. Domestic use only. You can chat with us or call us toll-free 24/7. We offer eligible U.S. employees up to 5% of eligible pay in 401(k) company-matching contributions, plus 2% or 3% in annual contributions (based on years of service). When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Relationship-based ads and online behavioral advertising help us do that. You benefit from our deep insights gained from millions of interactions and research across the organization. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other service. Majorities of workers who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%) and feeling disrespected at work (57%) were reasons why they quit, according to the Feb. 7-13 survey. With insights that give your employees the power to see further. Brokerage and investment advisory services are provided by wholly owned non-bank affiliates of BofA Corp., including Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill), a dually registered broker-dealer and investment adviser and Member SIPC. As a new employee, you'll be making important decisions about your health and insurance benefits and other coverage options for 202 3. Suggestion Located not far from Switzerland or Austria, or even Italy, it is uniquely situated if you like . If you have any questions about our products you can contact our technical experts here. All rights reserved. In June 2022, ahead of schedule, we raised our U.S. minimum hourly wage to $22 as the next step in our plans to increase to $25 by 2025. 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. [two workers stand on top of a wind turbine], Someone to help you understand where your people are today, [a tourist walks with a suitcase behind her], [a lab technician in a wheelchair conducts a test]. If you prefer that we not use this information, you can opt out of online behavioral advertising. Earlier this year, Bank of America, along with many other large employers, signed on to Publiciss Working with Cancer pledge in support of creating a more open, recovery-forward culture for employees with cancer. Current and former employees report that Bank of America provides the following benefits. Employer Verified. If you opt out, though, you may still receive generic advertising. If you prefer that we do not use this information, you may opt out of online behavioral advertising. Teammates are encouraged to complete wellness activities and receive a $500 credit to their annual medical plan premium.1 If the employee's spouse/partner also completes these activities, this credit is increased to $1,000. Touch device users, explore by touch or with swipe gestures. and our MAP3551697, Don Vecchiarello, Bank of America International use permitted. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). Allrightsreserved. Which benefits does Bank of America provide? Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. For the moments when our employees need support the most, our internal, highly specialized Life Event Services group provides personalized support with dedicated teams covering the U.S, EMEA, and Asia-Pacific. 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. Based on service for eligible U.S. teammates. Our retirees take the experience, skills, network and relationships gained during their tenure with them into retirement. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). To select, click here. With insights that give your employees the power to see further. These ads are based on your specific account relationships with us. . > Contacts, Environmental Sustainability and Climate Protection, Usage of this website is subject to our Usage Terms. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,800 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and 2,000 business centers; approximately 16,800 ATMs; and award-winning digital banking with approximately 38 million active users, including approximately 29 million mobile users. 2023 benefits! Trust and bank fiduciary services are provided by Bank of America, N.A., member FDIC. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. If you have an account on Fidelity.com, use the same username and password. 2023 Bank of America Corporation. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. CHARLOTTE - Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Our retirees can access our quarterly newsletter on the portal to stay up-to-date with company news and retiree-focused content, and are also able to access available benefits and programs that are similar to those available to employees, such as: Available to those on national bank medical plans. Infineon works on the energy efficiency, mobility and security of tomorrow, to reach our goals we need competent people. Relationship-based ads and online behavioral advertising help us do that. These ads are based on your specific account relationships with us. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The Merrill Edge Client Experienceteam enjoyed getting active by participating in a team photo scavenger hunt. Equal Housing Lender. The employees at Infineon are active in many different areas, we offer many different career paths. Employees can also donate to the fund and help their fellow teammates. Bank of America today announced the launch of Financial Life BenefitsTM, a suite of workplace benefits and solutions designed to help meet the near- and long-term financial needs of our corporate clients' employees. Use these resources to help you prepare. The company serves clients through operations across the United States, its territories and approximately 35 countries. Programs, rates, terms and conditions are subject to change without notice. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other service. Supporting our employees in their personal and professional lives makes Bank of America a great place to work. 1Source: Global Wealth and Investment Management Finance. Private retirement savings; Financial security across generations; Risk coverage just in case: safeguard what is important to you; Go to Retirement planning and insurance in German . Certain links may direct you away from Bank of America to an unaffiliated site. When autocomplete results are available use up and down arrows to review and enter to select. 2021 Bank of America Corporation. Learn about the comprehensive range ofservices offered for online and mobile banking. Supporting all aspects of our employees wellness physical, emotional and financialis a critical component of being a great place to work. Bank of America is a marketing name for the Retirement Services business of Bank of America Corporation ("BofA Corp."). Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. Explore now. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Online Privacy FAQs Similar offerings are available in our other locations across the globe. Employee Retirement Benefits Service Center (pension and TSA plans) 800.457.5700. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. 3896 employees reported this benefit. 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. If you opt out, though, you may still receive generic advertising. This information should not be construed as investment advice and is subject to change. Bank of America today announced the launch of Financial Life BenefitsTM, a suite of workplace benefits and solutions designed to help meet the near- and long-term financial needs of our corporate clients employees.

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