Bank of America Reviews

Updated August 3, 2015
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3.3
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,754 Ratings

Pros
  • Flexibility - work from home program; Work Life Balance; (in 417 reviews)

  • Flexibility to work from home when needed (in 223 reviews)

Cons
  • Work/Life balance is biased towards work (in 180 reviews)

  • no work-life balance only upper management (in 184 reviews)

More Pros and Cons

9,099 Employee Reviews

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  1. Helpful (28)

    Personal Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales & Service Specialist in Matthews, NC
    Current Employee - Sales & Service Specialist in Matthews, NC

    I have been working at Bank of America full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    uncapped incentive plan, friendly people

    Cons

    customer experience linked to teller performance

    Advice to Management

    na


  2. Teller

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Professional Teller in Saint Cloud, FL
    Current Employee - Professional Teller in Saint Cloud, FL

    I have been working at Bank of America (More than 5 years)

    Pros

    position development and great co-workers.

    Cons

    Lack of communications and consistencies.


  3. great company

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

    I have been working at Bank of America

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great benefits for full time employees

    Cons

    frequent re orgs and changes in management structure

    Advice to Management

    dont reorg too much


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America

    Pros

    The company has Good benefits

    Cons

    The Work culture is stressful


  6. To BAC or NOT TO BAC

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

    I worked at Bank of America

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Work Flexibility Great Salary and Benifits Some departments have better work life than others

    Cons

    Politics Lots of Surveys on employee satisfaction but little action taken They Shed top talent easily to make budget goals

    Advice to Management

    Go in eyes wide open, negotiate a severance package, the bank will swallow you whole so focus on family first


  7. Benefits

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Health, Dental and Vision were good values for the money. Also had a good wellness program.

    Cons

    The Human Resources helpdesk was spotty. There were good people that really helped, but the it was hit or miss if you got one of them that only "followed the script" and more often than not wound up not helping.


  8. Teller

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

    I worked at Bank of America

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The benefits were great. Unusual to have such good benefits at part time. Pay was above average for the area.

    Cons

    left because full time position was hard to find. busy branch made it difficult to learn other aspects to advance

    Advice to Management

    Make more of an effort to engage in cross training and developing those employees who want to move up within the company.


  9. Helpful (2)

    Wealth Management Intern

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

    I worked at Bank of America part-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great experience, really facilitating a focus on learning in an environment that is often face paced and difficult to otherwise follow.

    Cons

    To some this may be a turn off, but the firm has a sink or swim mentality in that you are given a certain amount of work with minimal (initial) instruction to see how you perform.

    Advice to Management

    No real advice to management given that my time was relatively short during the year and everyone who worked there had enough experience to know what they were doing.


  10. Helpful (1)

    Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Banking Center Manager in Charlotte, NC
    Former Employee - Assistant Banking Center Manager in Charlotte, NC

    I worked at Bank of America (More than 5 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Leadership Pay Benefits Great Training Definitely a Stepping Stone Company

    Cons

    Leadership Retail Hours Worked Not for Career Oriented People Sales Heavy

    Advice to Management

    Keep pushing on the retail side, its not about the employee its about the employee doing the most it can for the machine. It is what it is in the retail leadership environment.


  11. Helpful (1)

    Chicago Research & Trading

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

    I worked at Bank of America full-time (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Incredible technology for that era, incredible kitchen and chef (Les!), best people- still friends with many of them, extremely generous bonuses, great culture. Thank you CRT.

    Cons

    Absolutely no cons for CRT.

    Advice to Management

    Good luck. good luck. good luck. Good luck. good luck. good luck. Good luck. good luck. good luck. Good luck. good luck. good luck. Good luck. good luck. good luck.



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