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The most incompetent, unethical and corrupt company you will ever find

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Finance  in  Dallas, TX (US)
Former Employee - Finance in Dallas, TX (US)

I worked at Bank of America full-time for more than 3 years

Pros

That I left the company without wasting any more time.

Cons

No pay for performance. People were being laid off from a department while their replacements were in the training rooms getting trained to take their places. This place is a revolving door. People hired and moved up into management who couldn't handle their entry level position. Management deliberately the underwriting of loans to keep the volumn of loan approvals down while approving other loans that had worse credit profiles. You will not find a lower more corrupt form of business.

Advice to ManagementAdvice

Clueless puppets

Doesn't Recommend
Negative Outlook
Disapproves of CEO

Other Reviews for Bank of America

  1.  

    Managers are keen on professional growth, but company does not have a clear direction on where to go

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  New York, NY (US)
    Current Employee - Analyst in New York, NY (US)

    I have been working at Bank of America full-time for more than 3 years

    Pros

    -Managers care about your professional growth
    -You are constantly challenged with new assignments which help you understand the bigger picture of the business

    Cons

    -Hours can be long at times, but this has become the norm in the industry so should be expected

    Advice to ManagementAdvice

    While building capital reserves is currently the top priority for the bank, management should really start thinking about how to proactively understand (and predict) the needs of clients and act accordingly.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Overall good company to work for if you plan to be an employee forever.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Loan Officer  in  Plano, TX (US)
    Former Employee - Mortgage Loan Officer in Plano, TX (US)

    I worked at Bank of America full-time for more than 5 years

    Pros

    Overall good company to work for. Opportunity to move around to different areas and lines of business.

    Cons

    micromanaging, constantly sitting in a cubical all day, repetitive.

    Recommends
    Negative Outlook
    Approves of CEO
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