The Bank of New York Company, Inc. offers its full-time employees one of the most comprehensive employee benefit programs in the industry today. Our plans are designed to meet the varying needs of our employees and include a wide array of benefits including health care plans and wealth accumulation plans. We offer a number of retirement plans that are designed to help our employees reach their long-term financial goals.
Participants can choose from a wide variety of investment funds.
Additionally, our voluntary Employees' Stock Purchase Plan allows employees to purchase The Bank of New York Company, Inc. common stock at a 5 percent discount. Health Care Plans Employees can choose from a range of medical and HMO plans, as well as from two dental options. All medical options generally provide comprehensive coverage for medically necessary services including prescription drugs. We provide optional flexible spending accounts so our employees can be reimbursed for eligible health and dependent care expenses with pre-tax dollars. Vacations Non-officers become eligible for two weeks vacation until the year of their third anniversary when they become eligible for three weeks.