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Bank of America
3.2 of 5 3,231 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees
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Bank of America Reviews

Updated May 17, 2013
All Employees Current Employees Only

3.2 3,231 reviews

                             

74% Approve of the CEO

Bank of America President & CEO Brian T. Moynihan

Brian T. Moynihan

(1,339 ratings)

61% of employees recommend this company to a friend
3,231 employee reviews
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Former Employee – worked at Bank of America

Prosvery good work life balance

Consnot too many carrer opportunities to grow

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Toronto, ON

Former Employee – worked at Bank of America full-time for more than 7 years

Prosenvironment was supportive and rewarding
lots of great benefits for employees
lots of room to grow your career

Conslots of changes that were not always good for employees

Advice to Senior Managementshare information with employees

Yes, I would recommend this company to a friend

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  • Work/Life Balance
         
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  • Approves of CEO

 

Toronto, ON

Current Employee – been working at Bank of America full-time for more than 10 years

Prossatisfied with the working environment

Consattitude of this company or organization

Advice to Senior Managementnothing to asdvice, change is the law of natu5re

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Toronto, ON

Current Employee – been working at Bank of America

ProsGood environment and nice people, good pay and benefit is good too. tasks is not too hard and time is flexible.

ConsManagement need be improve in some how, special some manager do not know how to manage people. some manager is good analyst but not good manager

Advice to Senior ManagementAs I mentioned on the above. management team must be improve the management method and deal with people, encourage is more important

Yes, I would recommend this company to a friend

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  • Work/Life Balance
         
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Current Employee – been working at Bank of America

Prosworking hard gets you somewhere
lots of opportunities if you're not happy where you are
reasonable pay
i enjoy the team functions

Consvery repetitive work is usually given to juniors
bonus is not as high is it was promised, but bad economy justifies it

Advice to Senior Managementhave more work functions for teams and juniors across the firm
if promises are made then keep them (such as bonuses)

Yes, I would recommend this company to a friend

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Ottawa, ON

Former Employee – worked at Bank of America

ProsThey paid a good salary compared to similar jobs elsewhere. Excellent benefits package. Good work environment.
Very good incentive (commission) package.

ConsWork hours were from 2 pm until 11:30 pm. Even though the salary was decent, it was nothing compared to how much profit the sales associates made for the company.

Advice to Senior ManagementMaybe act a little bit more professional. Involve the sales associates in company decisions more often. I often felt like we were excluded from the rest of the bank especially due to our hours of work.

Yes, I would recommend this company to a friend

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  • Disapproves of CEO

 

Ottawa, ON

Current Employee – been working at Bank of America

ProsClose to transit, free parking, decent starting wage

Consno trust from management in anything - communication, plans, etc

Advice to Senior Managementtrust your people - they aren't looking to get laid off and will help where they can

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1 person found this helpful  

Former Employee – worked at Bank of America

ProsThe co-workers and the availability of overtime, generous bereavement leave, extensive training and education, very clean and safe work environment

Conssales oriented in a customer service environment, very difficult to access personal time off, very inflexible working hours, unreasonable expectations in terms of stats

Advice to Senior ManagementBe more direct and specific when conducting an interview. Basically, if a candidate is interviewing for a CSR position be sure to tell them sales are a requirement, not an incentive. Treat employees like people instead of a number. Do not give up hope on employees that make strong efforts to conform, it only discourages them.

No, I would not recommend this company to a friend

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Boise, ID (US)

Former Employee – worked at Bank of America part-time for more than a year

ProsI started out as a Teller and I was able to move up to a Sales & Service Specialist. I loved the people that I worked with and the customers. The company offers great benefits and products. The company is also great about promoting internally. As an Army wife, it is a good company since it is easy to transfer to other states.

ConsThere were times when I felt like I was being pushed to sale products that were not a good fit for our customers. There is some downsizing in the company. A huge con for me was having to step down and go back to part-time since my position was filled where I moved. That may not always be the case, but it was a huge con for me.

Advice to Senior ManagementLook at where the branch is located and set goals based on that. A customer may not want to drive 30 miles to deposit/ withdraw money. Also, really look at what is being referred, some numbers are made up to by tellers to make themselves look good. That not only is dishonest, but makes the other tellers that are doing their job look bad.

Yes, I would recommend this company to a friend

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  • Senior Management
         
  • Approves of CEO

 

Current Employee – been working at Bank of America full-time for more than 8 years

ProsLots of career opportunities at the company, with endless paths to follow and a lot of variety in job options

ConsOften positions are filled based on who you know through "talent planning" rather than job postings that everyone can apply for. In other cases a position is posted but the recruiter or hiring manager will flat-out tell you that have a candidate in mind but have to go through the motions to post it.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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