BofA Increases Military Hiring by 10,000, Expands Community College Hiring, Adds Jobs in New Financial Centers
Bank of America (NYSE:BAC) has announced significant hiring initiatives focused on expanding economic opportunities across the United States. The bank commits to hiring 10,000 additional military veterans over the next five years, bringing their total military hires to over 30,000 since 2015. Additionally, BAC plans to double its annual community college hiring to 1,600, targeting 8,000 new hires over five years.
The bank will also create 700 new financial center jobs through the opening of 63 new locations across Alabama, Idaho, Louisiana, and Wisconsin through 2027. These initiatives align with BAC's skills-based hiring approach and commitment to workforce development through its Academy program, which provides structured training and career development opportunities.
Bank of America (NYSE:BAC) ha annunciato importanti iniziative di assunzione focalizzate sull'espansione delle opportunità economiche in tutto gli Stati Uniti. La banca si impegna ad assumere 10.000 ulteriori veterani militari nei prossimi cinque anni, portando le loro assunzioni militari totali a oltre 30.000 dal 2015. Inoltre, BAC intende raddoppiare le assunzioni annuali da parte dei college comunitari a 1.600, mirando a 8.000 nuove assunzioni nei cinque anni.
La banca creerà anche 700 nuovi posti di lavoro nei centri finanziari attraverso l'apertura di 63 nuove sedi in Alabama, Idaho, Louisiana e Wisconsin entro il 2027. Queste iniziative sono in linea con l'approccio di assunzione basato sulle competenze di BAC e l'impegno allo sviluppo della forza lavoro attraverso il suo programma Academy, che offre formazione strutturata e opportunità di sviluppo professionale.
Bank of America (NYSE:BAC) ha anunciado importantes iniciativas de contratación centradas en ampliar las oportunidades económicas en Estados Unidos. El banco se compromete a contratar 10,000 veteranos militares adicionales durante los próximos cinco años, llevando su total de contrataciones de personal militar a más de 30,000 desde 2015. Además, BAC planea duplicar sus contrataciones anuales en colegios comunitarios a 1,600, apuntando a 8,000 nuevas contrataciones en cinco años.
El banco también creará 700 nuevos puestos en centros financieros mediante la apertura de 63 nuevas sucursales en Alabama, Idaho, Louisiana y Wisconsin para 2027. Estas iniciativas se alinean con el enfoque de contratación basada en habilidades de BAC y su compromiso con el desarrollo de la fuerza laboral a través de su programa Academy, que ofrece formación estructurada y oportunidades de desarrollo profesional.
Bank of America (NYSE:BAC)는 미국 전역의 경제 기회를 확장하는 데 초점을 맞춘 중요한 채용 이니셔티브를 발표했습니다. 은행은 향후 5년 동안 추가로 10,000명의 재향 군인을 채용하겠다고 약속했으며, 2015년 이후 총 재향 군인 채용을 30,000명을 넘길 예정입니다. 또한 BAC는 커뮤니티 칼리지 채용을 연간 1,600으로 두 배로 늘릴 계획이며, 5년간 8,000명의 신규 채용을 목표로 하고 있습니다.
또한 은행은 63개의 신규 지점을 통해 앨라배마, 아이다호, 루이지애나, 위스콘신에서 2027년까지 700개의 새 금융센터 직업을 창출할 것입니다. 이러한 이니셔티브는 BAC의 기술 기반 채용 방식 및 Academy 프로그램을 통한 노동력 개발 약속과 일치합니다. 이 프로그램은 구조화된 교육과 경력 개발 기회를 제공합니다.
Bank of America (NYSE:BAC) a annoncé d'importantes initiatives de recrutement axées sur l'expansion des opportunités économiques à travers les États-Unis. La banque s'engage à recruter 10 000 anciens militaires supplémentaires au cours des cinq prochaines années, portant le total des embauches militaires à plus de 30 000 depuis 2015. De plus, BAC prévoit de doubler ses embauches annuelles dans les collèges communautaires à 1 600, visant 8 000 nouvelles embauches sur cinq ans.
La banque créera également 700 nouveaux emplois dans des centres financiers en ouvrant 63 nouveaux sites dans l'Alabama, l'Idaho, la Louisiane et le Wisconsin d'ici 2027. Ces initiatives s'alignent sur l'approche d'embauche fondée sur les compétences de BAC et son engagement envers le développement de la main-d'œuvre via son programme Academy, qui offre une formation structurée et des opportunités de développement de carrière.
Bank of America (NYSE:BAC) hat bedeutende Einstellungsinitiativen bekannt gegeben, die darauf abzielen, Wirtschafts-möglichkeiten in den gesamten USA zu erweitern. Die Bank verpflichtet sich, in den nächsten fünf Jahren zusätzlich 10.000 Militär veterans einzustellen, und ihre Gesamtzahl der Militär-Einstellungen seit 2015 auf über 30.000 zu erhöhen. Darüber hinaus plant BAC, seine jährlichen Einstellungen von Community Colleges auf 1.600 zu verdoppeln, mit dem Ziel, in fünf Jahren 8.000 neue Einstellungen zu erreichen.
Die Bank wird außerdem 700 neue Jobs in Finanzzentren schaffen, durch die Eröffnung von 63 neuen Standorten in Alabama, Idaho, Louisiana und Wisconsin bis 2027. Diese Initiativen stehen im Einklang mit dem kompetenzbasierten Einstellungsansatz von BAC und dem Engagement für die Entwicklung der Belegschaft durch ihr Academy-Programm, das strukturierte Schulungen und Karriereentwicklungsmöglichkeiten bietet.
Bank of America (NYSE:BAC) أعلنت عن مبادرات توظيف مهمة تركّز على توسيع الفرص الاقتصادية عبر الولايات المتحدة. تلتزم المصرف بتوظيف 10,000 محارب قديم عسكري إضافي خلال السنوات الخمس القادمة، ليصل إجمالي توظيفاته العسكرية إلى أكثر من 30,000 منذ 2015. بالإضافة إلى ذلك، تخطط BAC مضاعفة توظيفها السنوي في الكليات المجتمعية إلى 1,600، مستهدفة 8,000 توظيف جديد خلال خمس سنوات.
كما ستخلق البنك 700 وظيفة جديدة في مراكز الخدمات المالية من خلال فتح 63 موقعاً جديداً في ألاباما، أيداهو، لويزيانا وويسكونسن حتى 2027. تتماشى هذه المبادرات مع نهج BAC القائم على المهارات والتزامها بتطوير القوى العاملة من خلال برنامج Academy الخاص بها، الذي يوفر تدريباً منظماً وفرص تطوير وظيفي.
美国银行（NYSE:BAC）宣布了一项重大招聘计划，专注于在全美范围内扩大经济机会。该银行承诺在未来五年再雇用10,000名退伍军人，使其自2015年以来的军事雇佣总数超过30,000人。此外，BAC计划将其每年的社区大学招聘数量翻倍至1,600名，五年内争取招募8,000名新员工。
该银行还将通过在阿拉巴马州、爱达荷州、路易斯安那州和威斯康星州新开63家网点，在2027年前创造700个新的金融中心岗位。这些举措与BAC的基于技能的招聘方法和通过其Academy项目进行劳动力发展的承诺保持一致，该项目提供结构化培训和职业发展机会。
- Commitment to hire 10,000 additional military veterans over next 5 years
- Expansion plan includes 700 new financial center jobs across growth markets
- Doubling community college hiring to 8,000 over five years
- No material impact expected on overall workforce size, showing efficient resource allocation
- None.
Insights
BofA's expansion with 10,000 military hires, 8,000 community college recruits, and 700 new branch jobs reflects strategic growth with minimal headcount impact.
Bank of America's announcement demonstrates a strategic workforce evolution rather than significant expansion, as the company explicitly states these initiatives won't materially impact its overall headcount. This signals continued disciplined expense management while pursuing targeted growth in underserved markets.
The planned expansion into Alabama, Idaho, Louisiana, and Wisconsin with 63 new financial centers (26 in the next 18 months and 37 in 2027) represents a calculated brick-and-mortar investment when many competitors are reducing physical footprints. This contrarian approach targets growth markets where BofA likely sees untapped potential and limited competition, potentially increasing deposit base and cross-selling opportunities.
The skills-based hiring approach offers dual benefits: accessing underutilized talent pools (military veterans and community college graduates) while potentially reducing compensation expenses compared to traditional recruiting channels. The Bank of America Academy mentioned serves as a talent development pipeline, promoting internal mobility while controlling recruiting costs.
This announcement follows a minimum wage increase announced the same day (though details aren't provided), suggesting a comprehensive talent strategy balancing compensation adjustments with expanded hiring from cost-effective talent sources. For shareholders, this indicates BofA is pursuing growth while maintaining the cost discipline that has characterized its post-financial crisis strategy.
Hiring Underscores Bank's Commitment to Skills-Based Hiring, Creating Long-Term Career Options, and Expanding Economic Opportunity Across the Country
This is the company's latest step - following its minimum wage announcement earlier today - to expand economic opportunity nationwide. Bank of America is committed to a skills-first approach to hiring and investing in its people through a lifelong commitment to training and development via its Academy. The company's focus on workforce development is reflected in its broad-based hiring practices, which includes hiring those who do not have four-year college degrees, military veterans, and individuals from community colleges.
Providing opportunities for Americans who have served our country
The bank's increased commitment to hiring veterans and individuals with a military background is part of the company's focus on providing opportunities for veterans transitioning to civilian life and new careers. This new goal will bring the total number of veterans the bank will hire to over 30,000 since first making this commitment in 2015.
- The company has hired more than 20,000 veterans and individuals with military backgrounds since 2015
- The bank's veteran onboarding program partners newly hired veterans with a mentor to help ease them into civilian life
- Its Military Support & Assistance Group has 43 chapters and more than 22,000 members providing a community filled with development opportunities for military employees, their families and friends through networking, mentoring, volunteer events and information forums.
Attracting talent
As part of the company's recruitment process, Bank of America will double its annual hires from community colleges from 800 to 1,600 over the next five years – 8,000 in total – recognizing the vital role these local institutions play in providing opportunities for their communities and preparing skilled talent for the workforce.
- Community colleges are providing a pipeline of talent with the skills needed to meet current and future entry level needs
Once hired, our Academy offers structured programs, on-demand education, and a wide array of tools and resources to help teammates develop their skills and grow and succeed in their careers.
Local market expansion
The company is expanding its financial center network in new growth markets, including
- The jobs will support the opening of 26 Financial Centers over the next 18 months and 37 Financial Center openings in 2027 across these states.
- Many teammates begin their careers in Financial Centers and, because of the bank's investment in skills-based training and a culture rooted in opportunity, have the opportunity to grow and progress into leadership roles.
"Our commitment to hire individuals with a broad range of skills and experiences is key to how we recruit talent to best serve our clients," said Sheri Bronstein, Chief People Officer at Bank of America. "It also opens doors to create economic growth in our communities and opportunities for our teammates as they advance in their careers."
Bank of America has a proven track record of attracting and retaining top talent while maintaining headcount discipline. The company does not currently expect this commitment to materially impact the size of its workforce.
Investing in teammates' long-term career growth
Once new teammates are hired, the bank focuses on the specific skills, training and experiences needed for employees to succeed in their role, go on to pursue other opportunities at the bank, and achieve their full potential. The Bank of America Academy offers structured programs, education, tools, and resources to help colleagues develop their skills and grow their careers. When they are ready for a new role, the bank provides further high-quality training, job coaching and access to opportunities.
This combination of skills-based training, world class benefits and employee programs, and its Great Place to Work culture, helps to empower individuals to grow and thrive, support their families, and strengthen the communities where they live and work.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Reporters may contact
John Yiannacopoulos, Bank of America
Phone: 1.646.855.2314
john.yiannacopoulos@bofa.com
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SOURCE Bank of America Corporation
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