Bank of America

www.bankofamerica.com
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Compliance and risk

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

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

Pros

Great company to work for. Great benefits and flexibility.

Cons

Many meetings about meetings Whig were counterproductive

Advice to ManagementAdvice

Trust in middle management for daily operations decisions

Recommends
Positive Outlook
Approves of CEO

7797 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Technical Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America full-time

    Pros

    Telecommuting. Being downtown Charlotte, NC. Easy commute. And the day I found another job and quit.

    Cons

    Nepotism was the order of the day. A lot of angry and frustrated co-workers. Horrible helpdesk in India which was borderline incompetent. Antiquated approach to solving technical problems. Onboarding required too much training that was not related job-related.

    Advice to ManagementAdvice

    Nepotism and cronism was the order of the day. I saw at least one incompetent person get promoted because of who she was friends with. And yes, she did a very poor job because she was too busy playing "Lady of the Manor" to function correctly in a professional environment. She really thought that she was a "Queen of the realm". You need to review your Middle Management and replace the people who shouldn't be there. Because of people like this, Bank of America now has the dubious distinction of being one of the worst places to work in Charlotte, NC by reputation. I know of several consulting firms that won't send consultants to you because of the bad managers who work for you. You really need to clean house from the Director level down to the lowest levels of Middle Management so that you can rebuild your reputation. But maybe the focus on sending jobs to India is a greater priority. Hence, nothing will change.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Great pay, decreasing benefits and perks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Marketing Associate in Newark, NJ (US)
    Former Employee - Customer Marketing Associate in Newark, NJ (US)

    I worked at Bank of America full-time (more than a year)

    Pros

    They will train you! they will take someone who knows nothing and teach you and train you how to do your job. It is up to you from there on to want to achieve more and go for other positions. There is a heavy focus on networking and who you know, not just how good you are at your job.

    Cons

    I worked in credit card and the incentives kept going down with the economy. Eventually we were working really hard trying to break records but money wise it only meant an extra $200, so you did it more for the recognition than for the money.

    Advice to ManagementAdvice

    Give people an opportunity to shine. People's light shining does not diminish your own. Hitler-style of leadership (fear, fear, and more fear) may give results but its not a good environment. That's why everyone quits. Also, stop screwing over the people that are working hard. Fight for them like they fight for you.

    Recommends
    Negative Outlook
    Approves of CEO
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