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Bank of America
3.2 of 5 3,234 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees
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Bank of America Reviews

Updated May 19, 2013
All Employees Current Employees Only

3.2 3,234 reviews

                             

74% Approve of the CEO

Bank of America President & CEO Brian T. Moynihan

Brian T. Moynihan

(1,342 ratings)

61% of employees recommend this company to a friend
3,234 employee reviews
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Nashville, TN

Current Employee – been working at Bank of America full-time for less than a year

ProsThere is a wealth of information that could be overwhelming to new comers. However, it's use of technology is first-rate in the world. The structured work duties is beautiful. Access to knowledge is humungous. There is a great room for growth and moving up in the company.

ConsNeed some work on the training for new employees and be more generous with expenses.

Advice to Senior ManagementMore monetary compensation for high achievers and pay more attention to new comers regarding orientation and class-room training in Charlotte as before. new comers need to be away from their banking centers and in a real class in order to absorb the wealth of information thrown at them.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Current Employee – been working at Bank of America

ProsGood benefits and team work environment

ConsI am very satisfied with bank of america

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Boise, ID

Former Employee – worked at Bank of America part-time for more than a year

ProsI started out as a Teller and I was able to move up to a Sales & Service Specialist. I loved the people that I worked with and the customers. The company offers great benefits and products. The company is also great about promoting internally. As an Army wife, it is a good company since it is easy to transfer to other states.

ConsThere were times when I felt like I was being pushed to sale products that were not a good fit for our customers. There is some downsizing in the company. A huge con for me was having to step down and go back to part-time since my position was filled where I moved. That may not always be the case, but it was a huge con for me.

Advice to Senior ManagementLook at where the branch is located and set goals based on that. A customer may not want to drive 30 miles to deposit/ withdraw money. Also, really look at what is being referred, some numbers are made up to by tellers to make themselves look good. That not only is dishonest, but makes the other tellers that are doing their job look bad.

Yes, I would recommend this company to a friend

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Current Employee – been working at Bank of America full-time for more than 8 years

ProsLots of career opportunities at the company, with endless paths to follow and a lot of variety in job options

ConsOften positions are filled based on who you know through "talent planning" rather than job postings that everyone can apply for. In other cases a position is posted but the recruiter or hiring manager will flat-out tell you that have a candidate in mind but have to go through the motions to post it.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Former Employee – worked at Bank of America full-time for more than 7 years

ProsGreat company to work for. Great benefits and flexibility.

ConsMany meetings about meetings Whig were counterproductive

Advice to Senior ManagementTrust in middle management for daily operations decisions

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

West Hills, CA

Current Employee – been working at Bank of America full-time for more than 7 years

Prosgreat benefits, lots of opportunity thru out the company due to its size and promotion of growth, ability to move around in the company and gain knowledge and increase in pay.

Consunstable economy makes realiments of departments and segments of the bank not a guarnteed job for years and years. best to move around from department to department to gain knowledge, get increase in pay (not much increase if you remain in the same department)

Yes, I would recommend this company to a friend

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Current Employee – been working at Bank of America full-time for more than 3 years

Proscompany is going in an awesome direction

Consnone that I can think of at the moment

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Current Employee – been working at Bank of America full-time for more than 7 years

ProsIt is a very large company with opportunities in fields that would not normally be associated with a bank.

ConsThe workload is sometimes more than average and it is a very metric driven company. The metrics can come off as micro managing.

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Saint Louis, MO

Current Employee – been working at Bank of America full-time for more than a year

Prosuncapped commissions, quality of life outside of work, great benefits, I like also like the direction Bank of America is heading in and hope it stays on course

Consto much micro management, reports after reports after reports

Advice to Senior Managementadd some consistency, the bank pushes so much constant change it seems as if once you get comfortable with a new policy or company initiative a new one has replaced it....

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Shrewsbury, NJ

Current Employee – been working at Bank of America part-time for more than 3 years

ProsKey reasons that one should work for Bank of America include, but are not limited to, unlimited potential to grow within the business, outstanding medical/dental/vision coverage, retirement benefits customized to each employees goals, competitive salary and the opportunity to work as a valuable member of a team.

ConsOccasionally being blamed for corporate decisions, e.g. mortgage bailouts, new fees. Otherwise, a great company to work for.

Advice to Senior ManagementKeep up the good work!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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