Bank of America
Family health insurance is worth its weight in gold these days, but parents at this leading bank only need to work 20 hours per week to earn it. If they want to cut their out-of-pocket costs, they can save $5,000 annually in pretax health accounts; similar versions offset dependent-care and commuter expenses. While ten on and near-site child-care centers offer subsidies, parents can also call a resource and referral service to locate nannies, day cares, backup assistance and special-needs caregivers. Employees who are thinking about the future may consult the benefits Education and Planning center, whose counselors will pinpoint savings goals for their retirement and work with them to build a long-term financial strategy. Altruistic types may take two paid hours off per week to volunteer; over a year, that’s 13 days.
CEO Brian T. Moynihan
Global Head of HR Andrea Smith
Women managers/execs 47%
Women among top earners 37%
Women hires in 2010 57%
Average weeks of fully paid maternity leave offered 12
Allows new moms to “phase back” into work with reduced hours? Yes
Offers affinity group for new mothers? No
Offers backup childcare? Yes
Employees working flexibly 30%



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