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How much does Bank of America pay employees?

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How much does Bank of America pay employees?

In the last four years, Bank of America raised the minimum hourly wage to $15 in 2017; in 2019 it rose to $17 and in 2020, to $20 — one year ahead of schedule.

What is the highest paying job at Bank of America?

The highest-paying job at Bank of America is an Investment Banking Managing Director with a salary of $452,256 per year.

What are the job bands at Bank of America?

Bank of America Band Salary Numbers

  • BAC Band 8 Salary Range: $22,000 to $32,000.
  • BAC Band 7 Salary Range: $30,000 to $50,000.
  • BAC Band 6 Salary Range: $45,000 to $80,000.
  • BAC Band 5 Salary Range: $70,000 to $125,000.
  • BAC Band 4 Salary Range: $100,000 to $250,000.
  • BAC Band 3, Band 2, Band 1 Salary Range: $250,000 to A-LOT.
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Is Bank of America a good employer?

Bank of America was named one of the “100 Best Companies to Work For” in 2021 by Fortune magazine, and global research and consulting firm, Great Place to Work® for the third consecutive year. The company was ranked no. 22, up from no. 77 in 2020.

How long is Boa hiring process?

Depending on the role and the number of applicants being considered this could take two-four weeks.

How much does a FCM make at Bank of America?

Bank of America Salary FAQs How does the salary as a FCM at Bank of America compare with the base salary range for this job? The average salary for a FCM is $55,337 per year in United States, which is 28\% lower than the average Bank of America salary of $77,705 per year for this job.

How many vacation days do Bank of America employees get?

As a full time employee, three weeks of vacation and two weeks of sick time. You can purchase an extra week of vacation during benefits enrollment each year.

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Is Bank of America a good bank to work for?

Does Bank of America have good benefits?

We offer quality health and insurance benefits and continue to provide wellness programs and resources, such as annual health screenings and the Get Active! challenge to provide employees access to resources for a healthy lifestyle and help manage health care costs.

How much do bank tellers make at Bank of America?

Average Bank of America Teller yearly pay in the United States is approximately $35,250, which is 24\% above the national average.

What is the dress code for Bank of America employees?

Business casual and yes, blazers at all times.