Bank of America

Bank of America

Employees: 241,682
Women: 60 %
Headquarters: Charlotte, NC  
It's a Fact!
Bank of America’s new formal sponsorship program pairs diverse female employees with senior leaders who actively help them to advance.
What We Love

Learning how to direct a team, speak with authority and manifest an executive presence are skills that come naturally to few people. Women at this bank benefit from programs that show them how to rise to power—and explain what to do when they get there. In 2011, its Global Banking and Markets Division launched a virtual worldwide women’s conference, which taught attendees from New York to Tokyo better ways to network, develop their businesses and balance their lives. the bank’s Technology and Operations Division also introduced its Career Development initiative for Women, which provides participants with career education and strategy sessions. Formal mentoring programs exist in at least 15 business units and affinity groups.

CEO Brian Moynihan

Global Head of HR Andrea Smith

Women managers/execs 47%

Women hires in 2011 57%

Average weeks of fully paid maternity leave offered 12

Offers paid paternity leave? Yes

Offers paid adoption leave? Yes

Women in affinity groups in 2011 Not tracked

Offers backup child care? Yes

Employees working flexibly 34%