There are newer employer reviews for Bank of America

 

Closed mouths don't get fed

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Systems Engineer in Newark, DE (US)
Current Employee - Senior Systems Engineer in Newark, DE (US)

I have been working at Bank of America full-time (more than an year)

Pros

Just remember to not ever shoot yourself in the foot.

Cons

Too many chiefs and not enough Indians (native americans)

Advice to ManagementAdvice

Predictive Pay model is not the best model for comp.

Recommends
Neutral Outlook
Approves of CEO

6822 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    So far so good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President in Denver, CO (US)
    Current Employee - Senior Vice President in Denver, CO (US)

    I have been working at Bank of America full-time (more than 10 years)

    Pros

    Having moved from GWIM Lewrning to the LOB, Merrill Lynch, I have to say that so far the experience is MUCH better. Fair manager, more opportunity. Don't know about bonus or pay increases yet, but hopeful that will be much improved too!

    Cons

    Across the company there is no transparency in pay ranges..and believe me, the ranges are huge. Having been a manager I can tell you it's shocking the difference in pay between people doing the same job. I transferred from an area that was like the phone company....all about friends and family for promotions, pay increases and bonuses.

    Advice to ManagementAdvice

    Be fair with all employees....we DO notice the favoritism and it is NOT motivating!!!

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Solid company, with a lot of kinds to work out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Banking Center Manager III in Passaic, NJ (US)
    Current Employee - Banking Center Manager III in Passaic, NJ (US)

    I have been working at Bank of America full-time (more than 8 years)

    Pros

    Outstanding benefits. Stability. Depending on geographic location, opportunity.

    Cons

    Salaries are midpack, disorganized systems in retail banking branches, constantly shifting priorities (frequently customer unfriendly), and additionally a serious product offering problem. Poor alignment of comp plan with real customer opportunities. Directionless management responsible for such ditties as the Countrywide purchase - the gift that keeps on giving.

    Advice to ManagementAdvice

    The company always stresses "the voice of the customer" but products frequently do not match the quality our competitors' in the marketplace. Perhaps the voice of the customer and associate should be paid more than just hollow lip service.

    Recommends
    Neutral Outlook
    No opinion of CEO
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