Bank of America Reviews

Updated April 25, 2015
8253 reviews filtered by
  • Any Location
  • Any Job Title
3.3
8,253 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 (2)

    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. 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

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


  5. 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.

  6. Foreclosure Specialist

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

    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

    Friendly people, great managers, learned a lot.

    Cons

    Nothing worth noting. You out what you put in.

  7. Helpful (2)

    teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller I in Los Angeles, CA
    Current Employee - Teller I in Los Angeles, CA

    I have been working at Bank of America

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

    Pros

    the everyday job is a lot of fun,

    Cons

    They are not flexible, and do not give commission.

    Advice to Management

    The management was great keep motivating employees

  8. Personal Banker

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great place to work with great benefits and pay.

    Cons

    Widget Sales, and redundant reports.

  9. analyst

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

    Pros

    great benefits, networking opportunities, huge company, diversity, engaging.

    Cons

    not much leverage to move up or challenge

    Advice to Management

    provide career outlooks and opportunities

  10. Operations Specialist

    Former Employee - LOSS MITIGATION/ASSET RECOVERY/FORECLOSURE SPECIALIST in Frisco, TX
    Former Employee - LOSS MITIGATION/ASSET RECOVERY/FORECLOSURE SPECIALIST in Frisco, TX

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

    Pros

    Great people / smart interactive management teams

    Cons

    Needs to interact with employees on a larger level

  11. Data Entry Clerk

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Entry Clerk in Windsor, CT
    Former Employee - Data Entry Clerk in Windsor, CT

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

    Pros

    Great environment to work in. The supervisors/Managers are friendly and helpful.

    Cons

    One could not rely on this job to pay bills. Even though the job was an "as-needed-basis" you were never allowed to put in a full week's work to get a decent pay check.

    Advice to Management

    Realize that people have bills to pay. Please be open, honest and very vocal about what to expect of the job. Don't surprise on the first day of work after we already made the commitment to work. Maybe the should speak to Manpower which does their hiring.

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.