Bank of America

  www.bankofamerica.com
  www.bankofamerica.com

Bank of America Reviews in New York City, NY

Updated October 23, 2014
Updated October 23, 2014
6,768 Reviews
3.3
6,768 Reviews
Rating Trends

Recommend to a friend
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2,894 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 402 reviews)

  • They have a program called MyWork which allows you to work from home or from any location (in 218 reviews)


Cons
  • Work-life balance seems to be skewed towards work side more often than not (in 166 reviews)

  • upper management failed to listen to the lower ranks often missing oppertuinitys (in 182 reviews)

More Highlights

469 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Good employer

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

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

    Pros

    A lot of chance to advance to higher level position if you do well.
    Good Incentive as of now.
    Nice manager and coworkers

    Cons

    Medical Benefit not as good as I thought.

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

    Compensation

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

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

    Pros

    The pay you receive ismatched well with your performance. If you do well you are given many career advancement opportunities

    Cons

    Work schedule and pressure is often overwhelming.

    Recommends
    Negative Outlook
    Approves of CEO
  3.  

    Mortgage Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mortgage Specialist in Newark, NJ
    Current Employee - Mortgage Specialist in Newark, NJ

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

    Pros

    Good Start, Good Benefits, Stability,

    Cons

    Micro Managing, Minimum Growth,

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    A good company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President Developer in New York, NY
    Current Employee - Vice President Developer in New York, NY

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

    Pros

    Benefits, Perks, Salalry, Time management

    Cons

    Everything takes so much of time

    Advice to ManagementAdvice

    Identify leaders at lower level

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    good comparny to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Test in Jersey City, NJ
    Current Employee - Test in Jersey City, NJ

    I have been working at Bank of America as a contractor (more than 5 years)

    Pros

    Good learning curve and flexibity to work.

    Cons

    Hierarchy is bad, so many trainings

  7. 1 person found this helpful  

    intern software developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Technology Analyst in New York, NY
    Former Employee - Business Technology Analyst in New York, NY

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

    Pros

    Using old but reliable technology and moving to the latest programming models.

    Cons

    formal culture and business formals

    Advice to ManagementAdvice

    Developers/IT people should be allowed to wear anything they want but formal wear.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Lots of opportunities

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

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

    Pros

    - Small and devoted team members
    - Good benefits
    - 2 weeks PTO
    - Easy to use software/program
    - Great work-life balance
    - Flexible scheduling
    - Promotions (after one year)

    Cons

    - Upper management pushes sales A LOT (although achievable)
    - Too much paperwork when making deposits
    - Same customers all the time in my location (less sales opportunities)

    Advice to ManagementAdvice

    I love my management.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Foreclosure Specialist in Newark, NJ
    Former Employee - Foreclosure Specialist in Newark, NJ

    I worked at Bank of America full-time (more than an year)

    Pros

    Everyone was really supportive and I met people who I still in contact with today.

    Cons

    Located in Newark NJ and it became dangerous at times to go to work.

    Advice to ManagementAdvice

    Management needs to hand out opportunities to contractors and employees who deserve it, not just due to friendships.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Program Manager in Jersey City, NJ
    Current Employee - Program Manager in Jersey City, NJ

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

    Pros

    Good work life balance and corporate discounts

    Cons

    As a contractor there is not much transparency on the direction of the company

    Recommends
    Approves of CEO
  11.  

    A great place to start for a programmer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Junior Software Developer in New York, NY
    Current Employee - Junior Software Developer in New York, NY

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

    Pros

    Senior developers value your personal growth and encourage you to attend workshops / training. My manager even let me read textbooks at work (free online via techbus.safaribooksonline.com), as long as I still got my work done.

    Cons

    Political friction between business and tech, and turf wars between individual tech teams. As a junior dev, I was spared from this.
    Bizarre internal software development tools. Don't expect any technology you learn here to be transferable. Focus on learning to write clean, clear code.

    Advice to ManagementAdvice

    Project Leads are so scared of their project not appearing to move forward that they trudge along with severe architectural problems. Enforce that all project plans have a "Pilot version" phase, so that the devs get a politically-free chance to re-architect the project.

    Recommends
    Neutral Outlook
    No opinion of CEO

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