Bank of America Reviews

Updated March 31, 2015
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3.3
8,022 Reviews
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,420 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Sr. Quality Assurance Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America

    Pros

    Excellent benefits and working environment.

    Cons

    Subject to periodic layoffs.

    Advice to ManagementAdvice

    Downside is employment is subject to periodic layoffs.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. Great company to work for overall very satisfied with management as well.

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

    I worked at Bank of America full-time (more than 8 years)

    Pros

    Good vacation, 401k, vacation time off, sick time and personal leave.

    Cons

    Overall had a great experience working for this company don't have a single complaint

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. A good place for college students who seek a part-time job

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

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

    Pros

    Good benefits (education reimbursement; health insurance, eat.)

    Cons

    Only thirty minutes for lunch.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. I enjoyed working for Bank of America; good benefits and work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Underwriter in Saint Charles, MO
    Former Employee - Mortgage Underwriter in Saint Charles, MO

    I worked at Bank of America full-time (more than 8 years)

    Pros

    Good benefits, good work environment.

    Cons

    Employment subject to periodic layoffs.

    Advice to ManagementAdvice

    Find a way to keep your employees.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. Teller Operations Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America

    Pros

    Great company to work for if interested in career development. Also a great company to work for if you have kids, very flexible work schedules.

    Cons

    Sometimes the advancement takes longer than promised or anticipated.

    Recommends
  7. BAML Employee: Great resources, heavy investments into institutional business, a great platform to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Low level of bureaucracy in the organization with a focus on developing internal talent.

    Cons

    It's a large organization and so one needs to navigate what will likely be unexpected headcount changes of peers and superiors during one's time at the firm

    Advice to ManagementAdvice

    Great place to work

    Recommends
    Neutral Outlook
    Approves of CEO
  8. Operations Risk Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    I have experienced a wealth of opportunity to develop a diverse background and advance in my career in a variety of fields within the organization with increasing levels of responsibility.

    Cons

    I have spent many years with the company and have seen significant change throughout the entire banking industry. The bank has had to make many tough decisions through these years, which are unfortunately necessary for the benefit of the business. However, for me, some these decisions were challenging to witness.

    Recommends
    Positive Outlook
  9. Good working environment

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

    I have been working at Bank of America

    Pros

    full-line business means many opportunities across different functions`

    Cons

    huge org, takes long to climb the ladder

    Recommends
    Positive Outlook
    No opinion of CEO
  10. Awesome Company very family friendly.

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

    I worked at Bank of America

    Pros

    Great pay and benefits plus they have a child care program that is awesome.

    Cons

    Extremely sales driven & high paced workplace.

    Advice to ManagementAdvice

    Be aware of the community needs more related to products offered.

    Recommends
    Positive Outlook
    Approves of CEO
  11. My experience with working with Bank of America allowed me to provide high customer service quality that I love to give.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Valencia, CA
    Current Employee - Teller in Valencia, CA

    I have been working at Bank of America

    Pros

    Customer service, Hours, Pay Rate, Benefits

    Cons

    The only con was that our branch did not get much heavy traffic.

    Recommends
    Positive Outlook
    Approves of CEO

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