Bank of America

www.bankofamerica.com
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Bank of America Reviews in Boston, MA

Updated February 2, 2015
Updated February 2, 2015
131 Reviews
3.3
131 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
131 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 417 reviews)

  • They have a program called MyWork which allows you to work from home or from any location (in 223 reviews)


Cons
  • Work/life balance was a little tough but you are going to get that anywhere to be honest (in 180 reviews)

  • upper management failed to listen to the lower ranks often missing oppertuinitys (in 184 reviews)

More Highlights

131 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Vice President

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA

    I have been working at Bank of America

    Pros

    Good career opportunities with a good team

    Cons

    training is not sufficient. Active listening is missing

    Advice to ManagementAdvice

    more active listening

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great internship experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Boston, MA
    Former Employee - Intern in Boston, MA

    I worked at Bank of America

    Pros

    Interned in the Corporate Affairs office and received excellent support and guidance from the managers. Loved engaging with the non-profit partners and understanding more about its philanthropic work.

    Cons

    Did not really have much negative experience with BoA.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Good company to work for but seems to be slacking on employee satisfaction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst in Boston, MA
    Former Employee - Senior Financial Analyst in Boston, MA

    I worked at Bank of America full-time (more than 8 years)

    Pros

    Great physical working environment, the people are smart, likable and hard working.

    Cons

    The work-at-home option seems to be getting less and less available. Pay and bonuses are below market.

    Advice to ManagementAdvice

    Trust your employees. They are smarter than you may think.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    It's all about your RM or manager's feeling, not performance!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Branch Manager in Boston, MA
    Current Employee - Assistant Branch Manager in Boston, MA

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

    Pros

    Great employee benefits starts w/ waiving all banks fees to various employees discount programs. Plenty of Job opportunities.

    Cons

    Your progress & growth with the bank depends on your regional manager's feelings not your performance and HR will not back you up! Worked the bank for 5 years and left it for that reason. Promotions are based on MGT feelings!

    Advice to ManagementAdvice

    Build a closer relationship with your management to succeed in this company! It's more important than your performance! Some high performing colleagues were ignored while average performance people were promoted, just because RM likes them.

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    Excellent Colleagues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Marketing in Boston, MA
    Former Contractor - Marketing in Boston, MA

    I worked at Bank of America as a contractor (less than a year)

    Pros

    Great Working Partners
    Good Pay
    Great Hours

    Cons

    Dull Work not very creative

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    It wa enjoyable to work foor the Bank of America

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative in Boston, MA
    Former Employee - Customer Service Representative in Boston, MA

    I worked at Bank of America full-time (more than 10 years)

    Pros

    Has great benifits ans care about their employees

    Cons

    sometime difficult to get to

    Advice to ManagementAdvice

    training can be more extensive

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Cash Services Rep I

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Cash Services Representative I in Dedham, MA
    Former Employee - Cash Services Representative I in Dedham, MA

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

    Pros

    Casual dress
    Shift differential
    Can listen to music while working
    Great CoWorkers and Manager

    Cons

    Standing for long hours
    High accuracy is a MUST

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Stuck in Retail

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker in Boston, MA
    Current Employee - Personal Banker in Boston, MA

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

    Pros

    you can slack if you want to

    Cons

    some people take it very seriously

    Advice to ManagementAdvice

    Actually care about employees growth

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Demanding, but rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Banking Center Manager in Boston, MA
    Current Employee - Assistant Banking Center Manager in Boston, MA

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

    Pros

    Lots of room for growth and recognition for a job well done. Benefits are amazing. Compensation is above average.

    Cons

    Long hours, dealing with the public.

    Advice to ManagementAdvice

    realize that banking centers still need FTE to operate, with current models this removes many associates from the banking center.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Horrible work experience, due to the managers at Bank of America

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker in Concord, MA
    Former Employee - Personal Banker in Concord, MA

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

    Pros

    Job Security, PTO and sick days

    Cons

    Management is out of touch with the office. Managers are veteran BOA employees who do anything to just keep their job. All about the numbers, not really in touch with employees.

    Advice to ManagementAdvice

    Higher some fresh minded individuals, Old managers get stuck in their old ways and are not innovative.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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