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Bank of America

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Bank of America

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Bank of America Reviews

4.0

77% would recommend to a friend

(36736 total reviews)

President & CEO Brian T. Moynihan

Brian T. Moynihan

88% approve of CEO

Ratings by category

4.2

Diversity and Inclusion

3.9

Culture and Values

3.9

Compensation and Benefits

3.8

Career Opportunities

3.7

Work/Life Balance

3.6

Senior Management

Ratings distribution

5 stars

37%

4 stars

32%

3 stars

19%

2 stars

6%

1 star

5%

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Found 36,736 of over 40K reviews

Updated Nov 30, 2023

Top Review Highlights by Sentiment

Excerpts from user reviews, not authored by Glassdoor

Pros
  • "Also great benefits offered to all employees which is not something to find at other companies(in 5657 reviews)
  • "Pay is good relative to the amount of effort you put in (close to zero)(in 1854 reviews)
  • "Work Life Balance is good or lets say life balance is good as didn't find much quality work(in 1722 reviews)
  • "All of the managers and team seniors I have worked with are very competent and are great people all around.(in 1484 reviews)
  • "Not stressful and great culture(in 710 reviews)
Cons
  • "Management is poor and the left hand doesn't know what the right hand is doing in the same department.(in 1424 reviews)
  • "I did a good job and the manager said i would be considered rehirable but that was it.(in 898 reviews)
  • "Hours are long and work on weekends (albeit from home) may be needed to finish projects.(in 542 reviews)
  • "The worst part is that there are no bonuses for opening accounts and building relationships.(in 466 reviews)
  • "terrible upper management leads to many people leaving the company(in 425 reviews)

Ratings by Demographics

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This rating reflects the overall rating of Bank of America and is not affected by filters.

    1. 5.0
      Nov 25, 2023
      Investment Banking Analyst
      Former Employee
      Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      strong culture focued on professional developelemnt

      Cons

      long hours throughout the analyst stint expected

      1. 5.0
        Nov 13, 2023
        Customer Service Representative
        Current Employee
        Recommend
        CEO Approval
        Business Outlook

        Pros

        Got more learning’s about customer care

        Cons

        Unable to manage work life balance

      2. Join the Bank of America team
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        1. 4.0
          Sept 21, 2023
          Vice President
          Current Employee
          Recommend
          CEO Approval
          Business Outlook

          Pros

          A lot of avenues and opportunities for growth within the organization.

          Cons

          Uneven hierarchy structures may exist. Culture can vary drastically from team to team - these can impact work life balance.

          1. 4.0
            Oct 10, 2023
            Analyst
            Current Employee
            Toronto, ON
            Recommend
            CEO Approval
            Business Outlook

            Pros

            Great culture within team members

            Cons

            Large organization with bureau at all levels

            1. 3.0
              Oct 6, 2023
              Operations Analyst
              Current Employee, more than 1 year
              Toronto, ON
              Recommend
              CEO Approval
              Business Outlook

              Pros

              Well organised team and well defined job roles. Great management

              Cons

              Not the top paying employer. Career progression is slow

              1. 5.0
                Oct 4, 2023
                Data Scientist
                Former Employee
                Recommend
                CEO Approval
                Business Outlook

                Pros

                environment is too good to stay

                Cons

                salary is not to high

                1. 4.0
                  Aug 30, 2023
                  Project Manager
                  Former Employee
                  Toronto, ON
                  Recommend
                  CEO Approval
                  Business Outlook

                  Pros

                  good environment to work with

                  Cons

                  there is no cons found as far

                  1. 3.0
                    Aug 26, 2023
                    Operations Analyst
                    Former Employee
                    Toronto, ON
                    Recommend
                    CEO Approval
                    Business Outlook

                    Pros

                    good benefits and vacation policy

                    Cons

                    high pressure for no reason sometimes.

                    1. 5.0
                      Jun 11, 2023
                      Operations Analyst
                      Current Employee, more than 8 years
                      Toronto, ON
                      Recommend
                      CEO Approval
                      Business Outlook

                      Pros

                      Good work life balance Great Manangement Good benefits Sabbatical

                      Cons

                      Bank of America, Canada does not have many opportunities due to limited scale of operations, hence career growth is limited. And promotions within the organization is also limited

                      1. 4.0
                        Jul 7, 2023
                        Chief of Staff
                        Current Employee
                        Recommend
                        CEO Approval
                        Business Outlook

                        Pros

                        bank, America, nice, coffee, cocoa

                        Cons

                        bank, office working hours, locations, parking

                      Viewing 1 - 10 of 36,736 Reviews
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                      Bank of America Reviews FAQs

                      Bank of America has an overall rating of 4.0 out of 5, based on over 40,170 reviews left anonymously by employees. 77% of employees would recommend working at Bank of America to a friend and 72% have a positive outlook for the business. This rating has been stable over the past 12 months.

                      According to anonymously submitted Glassdoor reviews, Bank of America employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at Bank of America. This rating has been stable over the past 12 months.

                      77% of Bank of America employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Bank of America 3.7 out of 5 for work life balance, 3.9 for culture and values and 3.8 for career opportunities.

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                      Graduate Student

                      Hi! Looking for some advice regarding hiring processes. I completed 2 interviews with the company and they emailed to say they "want to put me forward for the job" and asked for references, passport, and for me to do a background check. I didn't hear anything for a week, so then emailed to check on my application status. They responded saying they would get back at the end of that week. Its been 2 weeks since. I emailed last week to ask for an update and have not received a response. Thoughts?

                      1
                      6 Comments

                      ComEd

                      Got booted from my former position about 4 years ago, which I LOVED. I have the impression I was "kept" in sympathy. Now that I have my feet beneath me, I feel like I'm running in place. Over the past 2 years, I've probably applied for about 100 positions in other departments. True, a few were unlikely moonshots, but for the most part I didn't misrepresent myself. Am I the world's worst interviewer? Otherwise.. shouldn't I have been accepted elsewhere, by choice?

                      2
                      4 Comments

                      Administrative Assistant

                      I haven't worked since Jan. 2020 when my job as administrative assistant for the Hospitalist group was eliminated. I can't begin to count the number of applications submitted, interviews I've had, jobs that I was told were mine then they weren't, etc. Several jobs have fallen through or not panned out. I am not a job hopper and want to stay where I go. I have a zoom interview tomorrow for a front desk receptionist position at an oral surgeon's office. Any interview tips are appreciated.

                      11
                      6 Comments

                      Glassdoor has 40,170 Bank of America reviews submitted anonymously by Bank of America employees. Read employee reviews and ratings on Glassdoor to decide if Bank of America is right for you.