Tuesday, September 22, 2009

BofA gets working moms' thumbs up

Bank of America might have some other problems, what with the SEC taking bank officials to trial over the Merrill Lynch deal and howls from some about overpaid executives, but it got a thumbs up from Working Mother magazine on how it treats mothers. The Charlotte–based bank was named one of the 100-best companies for its "commitment to family-friendly policies that allow mothers to succeed at work and at home."

Among the policies cited were $5,000 college scholarships for kids of workers and $8,000 in adoption assistance. It's also increased paid maternity, paternity and adoption leave to 12 weeks from eight and provided $600 to $1,200 health-care accounts for associates to use on copays, vitamins, prescriptions and other health extras. Parents who earn up to $55,000 in salary (formerly $34,000) and use the bank’s nine on-site child-care centers are now eligible for subsidies and scholarships. And executive moms who want to take one to three years off can tap a new Career Connections program, which keeps them in the loop with career development opportunities while they’re on break.

Two other N.C.-based companies made the list: Durham-based Blue Cross and Blue Shield of North Carolina and Pitt Memorial Hospital in Greenville.

No S.C. companies made the list. Find the complete list at http://www.workingmother.com/bestcompanies.

What companies do you think should make the list of "best to work for" - for anyone?