Bank of America

  www.bankofamerica.com
  www.bankofamerica.com

Bank of America Reviews in California

Updated December 12, 2014
Updated December 12, 2014
7,140 Reviews
3.3
7,140 Reviews
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,048 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

810 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Had its ups and downs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Fraud Analyst in Pasadena, CA
    Former Employee - Senior Fraud Analyst in Pasadena, CA

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

    Pros

    Decent compensation, ok potential to grow

    Cons

    Got to be with the in crowd to succeed

    Advice to ManagementAdvice

    stop playing favorites

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Retail Banking is not somewhere you want to be.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Merchant Sales Representative in San Fernando, CA
    Former Employee - Merchant Sales Representative in San Fernando, CA

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

    Pros

    Great place to learn from the ground up. They have a lot of locations. The have tuition reimbursement. Great benefits.

    Cons

    once you are in a position you get stuck if you perform well. It is easier for managers to keep you than not hit their goals. too many changes with upper management. no cohesion between other divisions.

    Advice to ManagementAdvice

    Figure out a way to incentivize all divisions to work together versus fighting each other for points. Help employees move to other positions and other divisions versus letting them go to other banks. Listen to the customer. At this point they are speaking pretty loud.

    Doesn't Recommend
    Neutral Outlook
  3.  

    Great pay but a slave to a internally disorganized company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Operations Analyst in Los Angeles, CA
    Current Employee - Senior Operations Analyst in Los Angeles, CA

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

    Pros

    Benefits and Pay if you are at the band 5 level

    Cons

    internal mistakes, on the spot firings, improper training, change in procedures without proper updates and or training to go with changes.

    Advice to ManagementAdvice

    NA

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Part-time teller, full-time college student

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in San Diego, CA
    Current Employee - Teller in San Diego, CA

    I have been working at Bank of America

    Pros

    The benefits are very good. Tuition reimbursement and insurance if you want it. Also, 3,000.00 reimbursement for purchasing a new hybrid vehicle. Paid vacations starting at two weeks when you're first hired. Paid public holidays.

    Cons

    High turnover, ineffectual management, some employees don't pull their own weight. You can't rely on people to help you out to move up in the company, you need to actively seek out mentors and ask questions all the time to get on their radar.

    Advice to ManagementAdvice

    Mangement should be more flexible with scheduling when possible. I can not for the life of me figure out why they make the schedules the way they do sometimes, making people work five days a week for only four hours a shift is a ineffectual and frustrating. Why not just have someone work a full shift two-three days a week.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Good entry level for corporate career paths.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Teller in San Francisco, CA
    Former Employee - Senior Teller in San Francisco, CA

    I worked at Bank of America

    Pros

    Benefits, internships, tuition reimbursement, 401k matching.

    Cons

    The wage is less-than-competitive and career opportunities dwindle at the entry level positions.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Not happy with cultural changes in recent years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

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

    Pros

    If you are lucky, you find yourself in a team of pretty nice people to work with, hopefully with a team lead/manager that also has everyone's best interests at heart.

    Cons

    Groups like the above are becoming harder and harder to find. All too often, decisions are made in a "one size fits all" mode, with little wiggle room for differences in technologies or business rules, especially in the international space.

    Advice to ManagementAdvice

    The cheapest labor isn't always the best way. The desire to move support to cheaper offshore teams has caused quite a bit of consternation with some applications, who are used to the level of support previously supplied by experienced hands.

    Neutral Outlook
    No opinion of CEO
  8.  

    Lack of empathy, abundance of stress.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Tracy, CA
    Current Employee - Teller in Tracy, CA

    I have been working at Bank of America part-time

    Pros

    Paid vacation for part timers
    Sick days
    Holidays etc.

    Cons

    Lack of communication and action from management.
    20 hour coded teller getting more than 30 hours (full-time student:/)
    Management in my branch can be awfully immature and very cliq-uish.
    I've been questioned about personal things more than once (ON MY FIRST DAY!)

    Advice to ManagementAdvice

    Listen to your staff,
    There are tons of great people who leave because of this huge problem and when you question why, it's because you never paid attention in the first place.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    Sales, sales, sales. Inadequate management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Oxnard, CA
    Current Employee - Teller in Oxnard, CA

    I have been working at Bank of America part-time (more than an year)

    Pros

    Great benefits, sunday closed, work experience.

    Cons

    Its all about sales. Management treats you like a number. Sad but true.

    Advice to ManagementAdvice

    More trainig has to be done for those so called managers. Top performers need to be recognized.

    Doesn't Recommend
    Negative Outlook
  10. 2 people found this helpful  

    Working in Todays Mortgage Banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Quality Analyst in Los Angeles, CA
    Former Employee - Senior Quality Analyst in Los Angeles, CA

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

    Pros

    In a non-branch environment you do not have the pressure placed upon you when it comes to pushing products. Your position is specific to the department you are in, and your performance is based on the quality of the job you do. In these positions management encourages personal growth and advancing oneself. Onsite managers are open to the associates ideas and concerns, and they will work with you in problem resolution-personal or in ones performance.

    Cons

    Since the Great Recession of 2009 job security is much less certain. Many areas in the mortgage section continue to be downsized due to still tight consumer loan qualifying, especially for refinancing. Departments which used to have 125 to 150 auditors now have 10 or 12. Other departments are moving associates to other area or laying. Until the economy improves for the consumer looking to buy or refinance, this section will continue to run lean or decline.

    Advice to ManagementAdvice

    My advice to management is not to play games with your associates. In communicating with current associates there appears to be actions by management skirting the fine line of ethical and unethical-rethink this. Senior management should consider tenure and quality of work performed when basing their decisions on who is laid off.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Good co workers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Attorney Specialist in Simi Valley, CA
    Current Employee - Attorney Specialist in Simi Valley, CA

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

    Pros

    Manager doesn't micromanage. My team works together and gets along.

    Cons

    No room for growth at my location

    Advice to ManagementAdvice

    Keep open lines of communication with employees. Micromanaging employees is not the way to get results.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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