Bank of America Reviews in India

Pros

good training's , work life balance and compensation

Cons

Limited scope is work ,no complex projects to get good exposure.

Advice to Senior Management

work on bringing more complex projects from Onshore to offshore locations like india

Pros

Its the best place for work culture people enjoy working here and the importance towards core values like Deliver, Trust, Embrace, Act and Promote are really appreciatable.

Cons

The pay package is not compitable with other companies and the rest is everything is fine

Pros

Work culture and training for associates

Cons

Salary and growth for associates

Pros

1. Cool Life
2. If you can bargain you can get very good initial package
3. Free transport facility provided through out the day, especially very help full if you stay far from office

Cons

1. No onsite at all
2. Senior Management is very very bad, they have no control
4. No career growth after having over all experience like 6 years

Pros

Very employee friendly. A lot of benefits for working mothers.
Senior Management is very encouraging

Cons

Transfers were difficult to obtain

Pros

you always get paid on time

Cons

partiality at times of year end ratings and bonus

Advice to Senior Management

please be carefull about promoting people to management level....few people got promoted before bank of america took over cfci just in 9 months or 1 year, which is not the right way according to bankof america's policy..they are team leaders and assistant managers in bank of america which cant even talk properly forget about work...i use to write emails on behalf of my boss.....please forward this feed back to bank of america india services...

Pros

Have lot of emphasis on Training and development and have lot of things pertaining to employee satisfaction

Cons

Salary needs to be harmonized with industry standard

Pros

work hours are good (only for some lines of business)
good processes/work flow

Cons

very bad for employees in a verge of building careers and are in junior/begginner level
lower salary
not so good benefits
almost have fight for leave approval
holiday calendar of different every process based on LOB and no prominence for Indian Holidays
mind less HR policies
Over control on employee access and facility usage
excessive security measures for unnessary things
not good frontline leaders for all departments
you have to wait for 5 to 8 years even for a small promotion
mind less hierarchy.. which says..team developer.. in fact the position will not include in developing anything..
its very good for managers and above levels

Advice to Senior Management

focus on the junior levels by stopping on senior level improvement plans..
it is the junior employee who is to be developed not the high payed managers..

Pros

Good Learning opportunities and career development

Cons

More managers than employees who really work

Advice to Senior Management

Can do better job than just doing meetings round th clock

Pros

Handsome salary, transparency between Managers and Employees, healthy working environment

Cons

Sometimes you feel that the growth is slow.