Bank of America Reviews

Pros

good atmosphere, great chance for promotions, good people to work for and with, good benefits and compensations

Cons

teller referrals are driven to hard

Pros

Benefits, potential to advance, overall laid back atmosphere

Cons

Technology could be updates, mid level management could improve communication, some employees are not driven, formal training could be better for non-call center groups

Advice to Senior Management

Devote some time to developing better Team Leaders that actually have people and leadership skills

Pros

Great products to offer to clientele
Friendly staff
Great work hours
Good location
Pay is excellent

Cons

Advancement is difficult to obtain
Too much pressure put on sales and not enough on customer service
Managerial problems

Advice to Senior Management

Be more attentive to your staff, listen to their needs, have a better attitude with your staff - they are the ones who help you achieve your goals.

Pros

Worked in the investment banking division; very good comp and work life balance is not horrible considering how most banks are.

Cons

Hard to get things done sometimes in a large organization such as BofA. Employees are just a "number" as opposed to individuals.

Pros

Good health benefits, paid holidays

Cons

if you work in a banking center you barely get OT! Too much work less pay.

Advice to Senior Management

Quit micro managing your staff

Pros

Ability to move around the organization with ease
Breadth of career options available
Time off is awesome - plus off all calendar holidays or just about

Cons

customer service has tanked the company's share price
Previous CEO overextended the company and the company is now working its way back

Advice to Senior Management

Work on marketing response to crisis. Marketing needs to head off some of the negative publicity before it becomes public!

Pros

The bank will give the employees a proven ability to learn new systems, solve challenging problem and follow-through to obtain results.

Cons

Giving more opportunities to the Spanish speaker employees

Advice to Senior Management

Give more training to employees on a monthly basis all bank security procedures, and provide more training in increase the branch's market share through effective achievement of strategies.

Pros

- Higher level management "in-tune" with all job functions
- Supporting environment
- A lot of resources to perform your job function

Cons

- Bank of America Home Loans processing and loan officers have a lot of challenges.
- Absolutely no consistency with loan process refinance or new purchase
- Difficult to move up

Pros

great benefits on the job

Cons

Instability of consumer bank positions

Advice to Senior Management

none

Pros

Benefits are great although they just cancelled our pension plan. Good vacation days and sick days. Excellent health insurance coverage and tuition reimbursment

Cons

A person does not exist in this company. We are just a number.