Bank of America Reviews

Updated August 31, 2015
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3.4
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Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2,383 Ratings

Pros
  • Flexibility - work from home program; Work Life Balance; (in 417 reviews)

  • Flexibility to work from home when needed (in 223 reviews)

Cons
  • Work/Life balance is biased towards work (in 180 reviews)

  • no work-life balance only upper management (in 184 reviews)

More Pros and Cons

5,564 Employee Reviews

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  1. Helpful (31)

    Personal Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales & Service Specialist in Matthews, NC
    Current Employee - Sales & Service Specialist in Matthews, NC
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time (More than a year)

    Pros

    uncapped incentive plan, friendly people

    Cons

    customer experience linked to teller performance

    Advice to Management

    na


  2. Great Place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time

    Pros

    - Great management - Listen to your concerns - Ability to move around

    Cons

    - Not much negative to say - Large company - Hard to stand out

    Advice to Management

    - Continue to focus on employee development


  3. Project Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Charlotte, NC
    Current Employee - Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 5 years)

    Pros

    Flexibility in work arrangements and the ability to work from home at least 2 days per week.

    Cons

    Can be hard to move around to new jobs, really need to network to find a new job.


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  5. A different experience.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Irvington, NJ
    Current Employee - Teller in Irvington, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than a year)

    Pros

    Always getting off before the sun goes down and Sunday's off.

    Cons

    Only Sunday's off; teller's success depends on customers having enough patience to meet with personal bankers.

    Advice to Management

    So far so good, not a complaint in the world.


  6. Contractor at BoA

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor in Charlotte, NC
    Current Contractor - Anonymous Contractor in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bank of America as a contractor

    Pros

    Flexible work schedule, learning something new everyday and pleasant atmosphere.

    Cons

    Wish they would give contractors a better time frame or idea about if or when they might be brought on full time.

    Advice to Management

    So far my experience with management has gone well, so i don't have any advice besides keep doing what you're doing.


  7. Senior Product Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time

    Pros

    Good benefits, Good associates, multiple locatins

    Cons

    It's a very large bank, making changes involves beauracracy.

    Advice to Management

    Continue simplify and improve efforts.


  8. Bank of America

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America (More than 3 years)

    Pros

    Lots of complex/challenging projects. Opportunities for leadership early on.

    Cons

    Chronic turnover/over reliance on very good employees

    Advice to Management

    Develop mid level talent better to lesson workload on good employees


  9. Sr Business Control Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Control Specialist in Los Angeles, CA
    Current Employee - Senior Business Control Specialist in Los Angeles, CA
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time (More than 5 years)

    Pros

    Love my job, managers and teammates. Believe in BofA as a company and its core values.

    Cons

    Budgets on the default side of the business not so great! Haven't been compensation to the average standard.

    Advice to Management

    Compensate valued employees to the standard average.


  10. Online Deposit Chat Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Online Chat Deposit Specialist in Fort Worth, TX
    Current Employee - Online Chat Deposit Specialist in Fort Worth, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (Less than a year)

    Pros

    Good pay and hours, child care reimbursement, no time limit on how long chats can and cannot last.

    Cons

    Seems to be disorganized sometimes, some managers act like they don't care about your personal requests.


  11. Business Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Banking Center Manager II Assistant Vice President in Waterbury, CT
    Current Employee - Banking Center Manager II Assistant Vice President in Waterbury, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than a year)

    Pros

    Great Incentive excellent benefits. Clear vision

    Cons

    A lot of travel. Large Territory with a lot of distance in between locations



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