Bank of America Offers Up to Six Weeks Paid Sabbatical for Longtime Workers
- Employees get four weeks off after 15 years with the company
- Program adds to vacation days and can be taken twice in career
The Bank of America Tower in New York.
Photographer: Amir Hamja/BloombergThis article is for subscribers only.
Bank of America Corp. is starting a paid sabbatical program to reward its long-term employees, starting with four weeks off for those who have spent 15 years with the company.
Beginning next year, the bank will offer time off to let employees “reinvest in their priorities in life,” according to a memo seen by Bloomberg News. The move is to recognize tenure at the company at certain career milestones, and to attract and retain talent.