Bank of America Reviews in Boston, MA Area

Pros

Career advancement, salary, global brand, skill development

Cons

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

Advice to Senior Management

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

Pros

Nice place to work very professional and organized way of doing things

Cons

Low Salary and slow growth rate

Pros

As 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

Cons

not a place for adults that are no longer in college. a great job for a mature responsible college student

Advice to Senior Management

work on the fees and defend us against all the bad publicity

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 Management

Overall 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.

Pros

If you work hard and show great numbers, it's very easy to get promoted. Our benefits are pretty good, including paternal leave, help with hybrid car purchase, and matching gift program.

Cons

Work life balance is sometimes hard even though it's promised. Compensation isn't that great compared to my role in other companies.

Advice to Senior Management

Put yourself in the shoes of your employees and be in touch with reality more often. Treat us as individuals and not as robots.

Pros

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

Cons

They 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 Management

none - i totally enjoyed my manager the opportunites for growtha nd development in the company and even though i was laid off would noyt change

Pros

Large organization with plenty of opportunities to move within or across different departments or lines of business. Very strong talent management program at the Manager and above level that makes career planning a collaborative effort between managers and employees.

Cons

They've fallen on tough times due to some recent acquisitions. The result is below average merit increases and smaller than normal incentive compensation pools.

Pros

lots of off days, paid vacation, health insurance pckgs, tuition reimbursement, employee discounts, freedom working...

Cons

annoying management, unfair preferences among staff

Advice to Senior Management

more training, more room for advancement

Pros

Opportunity if you keep your eyes open, great networking, diverse group of employees

Cons

Compensation, lack of personal interest in associate, very political at times

Advice to Senior Management

More interest in the associate and their career advancement

Pros

Good amount of paid vacation time and sick/personal time

Cons

Too big of a corporation to implement change quick to respond to market movements. Changes that are made often are too insignificant and make the job more challanging that it has to be.

Advice to Senior Management

Needs to really listen to frontline associates for changes to make in order to improve customer experience and get the company moving forward in a positive light.