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Bank of America doubled its goal of hiring 10,000 employees from low- and moderate-income communities in a push to diversify its workforce.
The company has already surpassed a five-year target announced in 2018, and set a new goal of hiring an additional 10,000 by 2025, according to a statement Thursday.
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In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
The company's Life Event Services team guides colleagues through resources and benefits that make major milestones easier to manage, and has worked on more than 700,000 cases over 12 years.
Despite job openings and increasing unemployment, employers are having a hard time filling roles formerly occupied by non-American workers.
The company's offerings cover a wide range of needs from fertility to eldercare, leading to recent recognition by Best Place for Working Parents.
Chime Financial and BlackRock are among the other companies that have also promised to match the government's contribution.
