Bank of America's Commitment to Employee Health During COVID-19
Explore how Bank of America supported its employees during the COVID-19 pandemic through paid time off for vaccinations, wellness incentives, and community donations.
When the COVID-19 pandemic brought the world to a halt, StreetCare and BME didn’t pause; they pivoted. While much of the world retreated indoors, our dedicated outreach volunteers stepped up, not just on the streets, but deep into the web. Their mission? To find and share truthful, life-improving information about vaccination incentives through their app “Vaccination Rewards”, including those offered by major institutions like the Bank of America.
Uncovering BoFA's Supportive Measures
During the height of the COVID-19 pandemic, Bank of America implemented several measures to support its employees’ health and well-being:
- Paid Time Off for Vaccinations: BoFA provided U.S. employees with two paid half-days (up to four hours each) to receive COVID-19 vaccinations. This policy was extended into 2022 to accommodate booster shots.
- Wellness Incentives: Employees who submitted proof of vaccination by year-end preserved a $500 wellness credit per person, encouraging vaccination compliance.
- Community Donations: For each employee in Central Massachusetts who received a COVID-19 booster shot before January 31, BoFA donated $100 to the Worcester County Food Bank. This initiative was part of a national campaign pledging up to $10 million to local food banks.
Why These Initiatives Matter
Bank of America’s approach demonstrated a commitment to employee health and community support. By offering paid time off for vaccinations and linking employee health actions to charitable donations, BoFA fostered a culture of care and responsibility.
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