Bank of America

www.bankofamerica.com

Bank of America Reviews in Chicago, IL

Updated January 12, 2015
Updated January 12, 2015
7,423 Reviews
3.3
7,423 Reviews
Rating Trends

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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,172 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

189 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Not too bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Technology Analyst in Chicago, IL
    Current Employee - Business Technology Analyst in Chicago, IL

    I have been working at Bank of America as a contractor (less than an year)

    Pros

    Great work atmosphere in the building.

    Cons

    Getting hired to full time can take awhile.

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    If I can change back the hands of time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Wholesale Lockbox in Chicago, IL
    Former Employee - Wholesale Lockbox in Chicago, IL

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

    Pros

    I just loved the job and the people the company cared

    Cons

    I have one that I was laid off in 2011

    Advice to ManagementAdvice

    I would love to come back to work to be that slam dunk team player I was there

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    It was a great experience!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Analyst in Chicago, IL
    Current Employee - Credit Analyst in Chicago, IL

    I have been working at Bank of America as an intern (less than an year)

    Pros

    Valued my intellect
    Worked on a lot of great projects.
    Full-Time Offer Opportunity

    Cons

    None. Though upward movement maybe a little tough.

    Advice to ManagementAdvice

    Keep up the goodwork

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Wealth management LaSalle /Client Service/

    Former Employee - Chief Administrative Officer in Chicago, IL
    Former Employee - Chief Administrative Officer in Chicago, IL

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

    Pros

    Excellent client friendly organization - sorry it is gone

    Cons

    None - no longer exists

  6.  

    Branch Manager

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

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

    Pros

    Great visibility if you perform well

    Cons

    High stress, long hours, changing laws and regulations cause major delays

    Advice to ManagementAdvice

    Politics are a must.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Manager in Chicago, IL
    Current Employee - Assistant Manager in Chicago, IL

    I have been working at Bank of America

    Pros

    Great. Energetic enthusiastic. Hard work

    Cons

    Customer dealings, UPSET customers, cme experience expectations

    Advice to ManagementAdvice

    Motivation

    Recommends
    No opinion of CEO
  8. 1 person found this helpful  

    progressing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Teller in Schaumburg, IL
    Current Employee - Teller in Schaumburg, IL

    I have been working at Bank of America

    Pros

    pay, reputation, size, opportunity for advancement, location

    Cons

    strict, size, discriminating, expensive, management

    Recommends
    Approves of CEO
  9.  

    PBIG

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Financial Analyst in Chicago, IL
    Current Employee - Senior Financial Analyst in Chicago, IL

    I have been working at Bank of America

    Pros

    Good hours, if you're on a solid team pay is good as well.

    Cons

    You are limited by the performance of you team and there is no natural career progression. You need to create your own advancement opportunities.

    Advice to ManagementAdvice

    Management stays out of your business if your team is producing and even if your team is not producing management's concerns will be directed to the Advisors.

    Recommends
    No opinion of CEO
  10.  

    I have had a great experience so far.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Customer Service Representative in Chicago, IL
    Current Employee - Customer Service Representative in Chicago, IL

    I have been working at Bank of America

    Pros

    Great benefits and great compensation.

    Cons

    Not that many employment opportunities.

    Advice to ManagementAdvice

    I would suggest creating more areas in which an employee can move up and has a more clear career path.

    Recommends
    No opinion of CEO
  11.  

    A good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - First Vice President in Chicago, IL
    Former Employee - First Vice President in Chicago, IL

    I worked at Bank of America

    Pros

    Competent Management with alot of experience

    Cons

    Slow decision making can lead to delayed implementation of new procedures

    Advice to ManagementAdvice

    Include others in your decisions

    Recommends

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