Bank of America

www.bankofamerica.com
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Bank of America Reviews in California

Updated February 27, 2015
Updated February 27, 2015
855 Reviews
3.3
855 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
855 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

855 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1. 4 people found this helpful  

    Awesome Place To Work

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

    I have been working at Bank of America

    Pros

    some departments allow you to work from home
    great rates for contractors
    pro work/life balance

    Cons

    Layoffs come quick without any prior notice

    Advice to ManagementAdvice

    Be more open to everyone
    Have a ascension program for talent that want to get ahead

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good company - large bureaucracy slows down work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Agoura Hills, CA
    Former Employee - Manager in Agoura Hills, CA

    I worked at Bank of America

    Pros

    Good facilities and benefits.
    Management is focused on success and achieving goals
    Co-workers have good attitude and work well together

    Cons

    Constant lay offs create a "fear" environment
    Annual salary increases are small
    Difficult to move up within department. Most co-workers recommended I move departments in order to get promoted.

    Advice to ManagementAdvice

    Some strategies are not communicated well to the staff. Difficult to prioritize work unless we understand the strategies.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 5 people found this helpful  

    Company Struggles Painful for Staff

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

    I have been working at Bank of America full-time (more than 10 years)

    Pros

    Great benefits
    Good tech support
    Smart people

    Cons

    Extremely stressful environment. Constant fear of layoffs is exhausting the staff. Management is constantly re-organizing groups and laying people without adjusting the workload of the survivors.

    Advice to ManagementAdvice

    Please consider the human impact of constant reorganization. We feel like we are starting over and over every three months.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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  5.  

    a most positive experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Contract Trainer in Brea, CA
    Former Employee - Contract Trainer in Brea, CA

    I worked at Bank of America

    Pros

    As a contractor I was treated with utmost respect by all levels of management

    Cons

    project didn't last as long as I would have liked

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  6. 3 people found this helpful  

    Bank of America exceeded all initial expectations for me.

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

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

    Pros

    Great culture of professionalism, great benefits, honest focus on employee personal growth.

    Cons

    1) Unfortunately the burden of the Countrywide acquisition creates a cloud over the future of many in the Mortgage Technology division. It is the only division losing money due to repeated DOJ shakedowns and naturally a company must answer to its shareholders to become lean and profitable.

    2) Processes are being written constantly. Often without full consideration for the impact of changes and the interference with other other processes. Release management in Mortgage Technology is the definitive example of this.

    Advice to ManagementAdvice

    Maybe not fair to say but, last restructuring layoff decisions stopped short of the actual comparative value of the individual who was cut.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  7.  

    intern

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

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

    Pros

    Great culture fun people fast paced environment. provided lost of opportunitys to be a self starter

    Cons

    there was a lot of pressure to conform

    Recommends
    Positive Outlook
  8.  

    They really care about its employees

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

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

    Pros

    Great benefits even if you are only working part-time. The company really looks out for its employees. They are very flexible with the hours and they provide constant training. Although I was hired as part-time teller, they would always give me extra hours when I needed them. Once you learn your duties, it is very easy. Quarterly reviews are always helpful and gives you the opportunity to increase your pay-rate.

    Cons

    It is hard to move up to corporate. Very pushy with referrals. Managers would ask you to call friends and family to offer banking services and get business.

    Recommends
    Positive Outlook
  9.  

    loved it here

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

    I worked at Bank of America

    Pros

    cool people loved working here

    Cons

    getting days off was a little hard

    Advice to ManagementAdvice

    don't get involved with your employedd

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great

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

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

    Pros

    great benefits. Plenty of career options in the company

    Cons

    pronotions come as a "who you know" basis

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Great experience. First job obtained

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Concord, CA
    Current Employee - Customer Service Representative in Concord, CA

    I have been working at Bank of America

    Pros

    Great company. Helpful. Growth, nice cafeteria , great management

    Cons

    Mean customers. Busy environment during holidays ,

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO

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