Bank of America Reviews

Updated April 27, 2015
8271 reviews filtered by
  • Any Location
  • Any Job Title
3.3
8,271 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,496 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. Helpful (3)

    SVP, Sr. Enterprise Architect

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    Good Process, Structure and plans.

    Cons

    Bad Talent Management, they keep bad talents and weed out some of the good ones.

    Advice to Management

    Keep good talents and weed out bad ones

  2. Helpful (2)

    PB

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

    I have been working at Bank of America

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

    Pros

    Benefits, bonuses, vacation, hours, products

    Cons

    advancement, opportunities, upheaval, not streamlined services, change in management

    Advice to Management

    take internal candidates more seriously, HR system needs revamping

  3. Senior operations specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Operations Analyst in Menands, NY
    Former Employee - Senior Operations Analyst in Menands, NY

    I worked at Bank of America (More than 3 years)

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

    Pros

    Great management and benefits team oriented

    Cons

    None just can't think of any.

    Advice to Management

    None

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


  5. great

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

    I worked at Bank of America full-time (More than 3 years)

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

    Pros

    i got experience in many different areas of banking and mortgages

    Cons

    the job was very stressful

    Advice to Management

    n/a

  6. Great company with great benefits

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

    I have been working at Bank of America

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

    Pros

    lots of career opportunities and professional development

    Cons

    large company, so may be difficult to make changes or be heard- but not impossible

  7. personal banker

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

    I have been working at Bank of America (Less than a year)

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

    Pros

    benefits and pay as well as friendly co workers

    Cons

    work load could be overwhelming at times

  8. Helpful (2)

    Personal Banker

    • 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

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

    Pros

    Great company at the tip of the spear of financial services. Great employee network and benefits.

    Cons

    Low pay and high sales pressure put on the personal bankers, with no commission. A weak bonus every quarter if you hit 100% of your goals.

    Advice to Management

    Develop a commission system to keep everyone in sales motivated

  9. mortgage servicing specialist

    Former Employee - Mortgage Servicing Specialist III in Los Angeles, CA
    Former Employee - Mortgage Servicing Specialist III in Los Angeles, CA

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

    Pros

    Decent atmosphere, worked downtown LA

    Cons

    Contract work, was not made permanent

  10. UI/Frontend Developer

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

    I have been working at Bank of America as a contractor

    Recommends
    Recommends

    Pros

    Low amount of stress. Pretty relaxed people. Work from home on some days.

    Cons

    Some groups are political. One or two inflated egos are bound to push you around.

    Advice to Management

    Realize that there are people with much greater talent then you give them credit for.

  11. Helpful (1)

    Project 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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Some really interesting projects to work on with engaged leadership. Flexible work arrangements were a huge benefit.

    Cons

    Frequent layoffs became stressful and very distracting.

    Advice to Management

    Look further than the most vocal employees when evaluating talent. Some 'quieter' ones are really effective in their specific roles.

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.