Bank of America Reviews

Pros

Great Advantages: Markets valued teamwork, cheerful and engaging employees, health benefits, 401k, pensions, paid vacation, tuition reimbursement, growth opportunities within the banking center, off and be paid on federal holidays, and volunteering opportunities.

Cons

Growth from banking center to corporate rate is small, currently the job security is poor, demanding job for sales platform positions, constant changes in regulations and policies, too many conference calls, unnecessary paper work overload, constant negativity from the media which reflect on and directly affect front line employees that work in the banking center, and constant bashing from customers because of fees and more fees.

Advice to Senior Management

Management needs to consider customer wants and employees capabilities when making decisions regarding new policies or new fees. Employees do not want to be overworked and feel as though they're not being compensated enough for the amount of work they do. And customers want benefits and advantages not more fees assessed to their accounts.

Pros

The financial and other compensation benefits are very sufficient. i enjoy working and learning from the people at this firm.

Cons

There is a lot of uncertainty regarding the financial and operational health of this firm and my current employee status.

Advice to Senior Management

Provide more information to the employees regarding the future of the Company an its employees. Better reviews and information about employees performance and expectations.

Pros

Bank of America has a plethora of policies and processes on project management and six sigma. They have good training and allow a person to improve there marketability through internal training.

Cons

Bank of America has a plethora of policies and processes on project management and six sigma. They don't always follow the procedures and sometimes follow the procedures when not needed.

Advice to Senior Management

Do not try to force IT projects into a six sigma mold. Create a exasperate process that utilizes the concepts of six sigma when needed but has terminology more closely related to the general best practices.

Pros

work life balance is super

Cons

Raises and bonuses we not across the board it was hit or miss for non-upper level management. Yearly cuts are coming that is a fact and it puts the work force in fear kills moral

Pros

great benefits. good work enviornment.

Cons

large company, focused on the big picture, not on individual markets.

Pros

Good people work there
Autonomy and responsibility as a senior executive
Systems are comprehensive and sophisticated
Benefits
Power of the franchise and brand

Cons

cog in the wheel
place is run by Human Resources
So big that effort is 'lost'
layers of bureaucracy and compliance
too much process

Advice to Senior Management

In risk management the bank has not made the effort to understand who manages risk and returns effectively over the long term; it should do so.

Pros

good benefits opputunity for overtime three weeks vac and people are nice pleasant citynto work place to transfer for work, need more words.

Cons

busy over work stressfull poor systems bad cof poor leadership dont care about emp personal life outdated equipment to work with.

Advice to Senior Management

hire more competent people if you cant hire more competent people for the money you are offering think about it. need more words

Pros

Pay was good compared to other banks

Cons

they dont care about employees

Advice to Senior Management

none

Pros

-Very LGBT friendly environment
-Good health benefits
-generous amount of vacation time, with the option of purchasing an extra week

Cons

-too much overtime
-clique-like environment
-have to work most paid holidays
-very little room for growth for advancement
-information is continually held back

Pros

It's a large bank with alot of growth
it has good benefits and lots of locations to choose where to work

Cons

they micro-manage their workers too much

Advice to Senior Management

treat people fairly and as adults, reward worker more with a simple THANK YOU