Bank of America

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Bank of America Reviews in Boston, MA

Updated May 25, 2014
All Employees Current Employees Only

3.3 112 reviews

72% Approve of the CEO

Bank of America President & CEO Brian T. Moynihan

Brian T. Moynihan

(46 ratings)

60% of employees recommend this company to a friend

Review Highlights

Pros
  • The work-life balance can be better but most managers are pretty flexible with you(in 348 reviews)

  • Great coworkers, good work /life balance they let a lot of people work from home(in 190 reviews)


Cons
  • Sexism; old BFF network; little work life balance, but they gave lip service to it(in 137 reviews)

  • Lack of communication from upper management with regards to procedure changes(in 160 reviews)

16 Employee Reviews Back to all reviews
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    • Culture & Values
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    Great Employer

    Operations Analyst (Former Employee) Malden, MA

    ProsVery rewarding experience for 20 years with this employer.

    ConsToo bad this company is moving a lot of its processing out of state.

    Yes, I would recommend this company to a friend

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    Great place to work if you want a career.

    Teller Operations Specialist (Current Employee) Boston, MA

    ProsAbility to grow within the company, they love to promote from within. Great benefits. Associate oriented. Amazing resources to learn from.

    ConsAlways changing procedures and expectations. Usually under staffed. Job expectations too much for the pay at the lower level of the banking center.

    Advice to Senior Management1) Stop scrimping on staff
    2) If you want stellar employees at the banking center level, you have to pay more. You can't expect CEO performance for $11 an hour.

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

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    I worked in recruiting in the Boston office

    Senior Recruiter (Former Employee) Boston, MA

    ProsBofA really impressed me for several reasons.....even though they are a large company, they are able to move very quickly when they want to hire someone which can give them a competitive edge. Salaries and overall compensation is very competitive to the market. But the main thing that impressed me was that they are very open to moving people around within the organization and look outside the black and white box of resumes and title and instead consider special skills and strengths and potential. It's very progressive of them. Another strength is that they are very flexible about working from home as long as you are able to get the work done.

    ConsMy biggest con was meetings! Conference calls...not a big fan. :)

    Yes, I would recommend this company to a friend

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    greta place to work

    Professional Teller (Current Employee) Cambridge, MA

    Prosfull-time benefits for part time employees, growth opportunities, extra hours opportunities

    ConsSaturday hours , low starting pay

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

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    2 people found this helpful  

    Great bank to work, wouldn't consider any other bank at this point

    Banking Center Manager (Current Employee) Beverly, MA

    ProsWork life balance, great benefits, great pay, really let you run a center like it is your company

    ConsIncentive plan could be more lucrative.

    Advice to Senior ManagementYou are looking to turn us in to more of a human bank, just what our customers are looking for.

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

    1 person found this helpful  

    Great place!

    Personal Banker (Current Employee) Waltham, MA

    ProsEasy business. If you work hard it is very easy to get promoted. Show interest in a particular position and your manager will work on getting you there. Excellent benefits! Quarterly bonus is a plus too.

    ConsWorking 6 days a week, conflict with what is right for customer and sales goals.

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    Supportive, challenging, great place to develop skills

    Change Consultant (Current Employee) Boston, MA

    ProsCareer advancement, salary, global brand, skill development

    ConsSome positions in retail banking are micro managed. Change consultant positions have high degree of trust and teamwork.

    Advice to Senior ManagementBank managers do not need to be micro managed and resent having to provide stats 3-4 times daily.

    Yes, I would recommend this company to a friend

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    Fantastic place for a young student

    Part Time Teller (Current Employee) Boston, MA

    ProsAs a part time student this is a great place for me i have time to balance my studies and my work life and the company works with me if the two ever overlap also they offer up to 5000 per semester in tuition reimbursement. also it will look great on my resume after i graduate

    Consnot a place for adults that are no longer in college. a great job for a mature responsible college student

    Advice to Senior Managementwork on the fees and defend us against all the bad publicity

    Yes, I would recommend this company to a friend

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    Excellent place to work

    Corporate Recruiter (Former Employee) Boston, MA

    Pros- Work/life balance (My Work program - work from home)
    - Substantial bonuses
    - Very positive, competent co-workers
    - Substantial opportunity for growth
    - Extremely extensive benefits package

    Cons- Company is trying to get more lean, leading to 30,000 positions being eliminated
    - Work load can sometimes be unrealistic

    Advice to Senior ManagementOverall I'd say they're doing a good job. With the recent financial crisis and the heat that the banking industry has been taking as a whole, I am hopeful the management at BOA has learned a lot.

    Yes, I would recommend this company to a friend

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    Loved it

    Senior Representatibe (Current Employee) Waltham, MA

    ProsCompensatuon, benefits, the ability to move around in the bank, recognition - loyalty. My experience was in a pat for perfromance sitaution

    ConsThey do require alot, if you are not deidicated or you do not have teh time to build yoru career it can be daunting

    Advice to Senior Managementnone - i totally enjoyed my manager the opportunites for growtha nd development in the company and even though i was laid off would noyt change

    Yes, I would recommend this company to a friend

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