To learn more, please visit bankofamerica.com/community
In a year unlike any other, our company and teammates were called upon to address
unprecedented challenges and headwinds in the broader environment, working in
support of each other, our clients and the communities where we work and live.
In appreciation of these outstanding efforts, we are recognizing eligible employees
with Delivering Together compensation awards. A cash bonus of $750 or additional
stock award is the latest step our company has taken to invest in our employees
during the health crisis.
We've also significantly invested in industry-leading solutions and resources. To help
many of our teammates balancing family and work, we provided an enhanced
benefit of up to $100 per day for in-home childcare — funding nearly 3 million days
of support. And in 2020, we accelerated the move of our U.S. minimum hourly rate
of pay to $20, more than a year earlier than originally planned.
Here in Worcester, my teammates and I are here to help. We're proud of this
community and remain committed to making it a better place for us all.
BankofAmerica, N.A. Member FDIC. Equal Credit Opportunity Lender. © 2021 BankofAmerica Corporation. All rights reserved.
Taking
care of
teammates
For the fourth time since 2017,
Bank of America is recognizing
teammates with a special award
in cash or restricted stock.
This year, approximately
97% of teammates will receive
a Delivering Together award.
These awards are in addition to
any regular annual incentives that
eligible employees may receive.
Edwin T. Shea, Jr.
Worcester Market President