Citi and BofA Revamp Benefits for Workers Worried About Kids (1)

Two U.S. banking giants are rolling out more benefits to parents juggling childcare and homeschooling while keeping the companies running through the pandemic.

Citigroup Inc. will offer employees discounts on test preparation and tutoring services as many continue to work from home while their kids start the new school year. Bank of America Corp. is extending backup childcare payments for staff with children as old as 12.

Workers at Citigroup can get help finding an educational caregiver to supervise their children’s online learning, Sara Wechter, the bank’s head of human resources, said on LinkedIn. If employees decide to try ...