Bank of America

  www.bankofamerica.com
  www.bankofamerica.com

Bank of America Reviews

Updated October 22, 2014
Updated October 22, 2014
6,754 Reviews
3.3
6,754 Reviews
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2,890 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 402 reviews)

  • They have a program called MyWork which allows you to work from home or from any location (in 218 reviews)


Cons
  • Work-life balance seems to be skewed towards work side more often than not (in 166 reviews)

  • upper management failed to listen to the lower ranks often missing oppertuinitys (in 182 reviews)

More Highlights

Employee Reviews

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  1.  

    Good Company with great Benefits

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

    I have been working at Bank of America

    Pros

    One of the last big companies standing. BofA is not going antwhere. Great benefits for families and pregnant women. Company funded individual health care fund.

    "

    Cons

    One the mortgage side, compensation and bonus structure are not what they were under the old Countrywide regime.

    Advice to ManagementAdvice

    Continue to communicate . It makes things a lot less stressful to be in "the know" regardless of what is coming down.

    Recommends
    No opinion of CEO
  2. 2 people found this helpful  

    Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller in Phoenix, AZ
    Former Employee - Teller in Phoenix, AZ

    I worked at Bank of America part-time (more than 5 years)

    Pros

    Full benefits start at only part-time employment status. Tuition reimbursement, flexible hours, and employee discounts.

    Cons

    Typical retail bank experiences driven to meet sales and customer satisfaction.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Loved working for BOFA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller Operations Specialist in Las Cruces, NM
    Former Employee - Teller Operations Specialist in Las Cruces, NM

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

    Pros

    Started as 20HR teller, full-time 30. Vault, then Senior Teller. I left for about a year so I can pursue real estate. I then returned back home (BOFA) and was almost immediately promoted to TOS. I didm;t mind the pay wasn't so I great. I was part of a remarkable team.

    Cons

    The pay could be more. After Edgar left, the Banking Center went to crap, Audits were 2 while I was on leave. If you get a 2 on an audit, the BCM should be thrown out head first.

    Advice to ManagementAdvice

    Get it right. We did...
    Left in 09'

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Teller in Oakland, NJ
    Current Employee - Bank Teller in Oakland, NJ

    I have been working at Bank of America part-time (more than an year)

    Pros

    The pay you receive ismatched well with your performance. If you do well you are given many career advancement opportunities

    Cons

    Work schedule and pressure is often overwhelming.

    Recommends
    Negative Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Good employer

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

    I have been working at Bank of America full-time (more than 3 years)

    Pros

    A lot of chance to advance to higher level position if you do well.
    Good Incentive as of now.
    Nice manager and coworkers

    Cons

    Medical Benefit not as good as I thought.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Teller in Dublin, GA
    Current Employee - Senior Teller in Dublin, GA

    I have been working at Bank of America full-time (more than 3 years)

    Pros

    I loved working at BOA! BOA was vary face paced and the employees were a great joy to work with. You had to be very detailed ordinated and able to work under a lot of stress. At BOA you could learn lots of other responsibilities if you were willing to step forward and take charge in learning. I loved being able to learn new things and doing several daily tasks that weren't just in my job description. If you showed that you were willing to be a leader and learn different things there was opportunity to grow within the company. Best place I were worked!!

    Cons

    Only cons were having to sell produces while working in the drive-thru window a lone and having to meet a referral quota.

    Advice to ManagementAdvice

    We had a great manager!! If we meet our quota we got a bonus and management was very understanding about having to leave early if we had children or other personal appointments. Management was always willing to help everyone succeed in training and meeting our personal quotas.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Security Engineer in Chicago, IL
    Current Employee - Applications Security Engineer in Chicago, IL

    I have been working at Bank of America full-time (more than 3 years)

    Pros

    Career progression, stability, great employer in terms of work/personal life balance.
    Educational expense reimbursement and great health care.

    Cons

    Too huge of a company to know the senior management on first name basis. Too hard to navigate.

    Advice to ManagementAdvice

    keep doing what you are doing. 2 thumbs up.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great learning experience!

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

    I have been working at Bank of America full-time (more than 3 years)

    Pros

    Above average pay and total compensation.

    Cons

    Demands on personal life can be difficult to refuse.

    Advice to ManagementAdvice

    Continue to support and encourage work life balance.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great Company/ Senior Mortgage Closer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Home Services Specialist II in Hunt Valley, MD
    Former Employee - Home Services Specialist II in Hunt Valley, MD

    I worked at Bank of America full-time (more than an year)

    Pros

    Great Benefits, Great Paid Time Off, Great Site Leader

    Cons

    I was hired on when our site in Maryland transitioned from collection to Mortgages. Unknown to me, this site frequently goes through transitions. I was hired as a Senior Mortgage Closer and almost exactly two years later the site transitioned again to Customer Service for Credit Cards and Deposits. I could not embrace the change so I resigned. If the site had stayed as Mortgages I would have retired at BOA (in 20 years :) )

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    Mostly good

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

    I have been working at Bank of America full-time (more than an year)

    Pros

    Not stressful, good about making sure you are located near your banking center, solid floor of pay for a teller

    Cons

    Environment depends on the people around you; you talk with them extensively and if your Assistant Manager/Manager is relaxed then you're okay. If they aren't, its a bad day. Half hour lunches suck.

    Advice to ManagementAdvice

    Don't make full-timers work Saturdays, its only a half day of work anyhow.

    Recommends
    Neutral Outlook
    No opinion of CEO

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