Bank of America Reviews

Updated July 3, 2015
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3.3
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,632 Ratings

Pros
  • Flexibility - work from home program; Work Life Balance; (in 417 reviews)

  • Flexibility to work from home when needed (in 223 reviews)

Cons
  • Work/Life balance is biased towards work (in 180 reviews)

  • no work-life balance only upper management (in 184 reviews)

More Pros and Cons

8,715 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (19)

    Personal Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales & Service Specialist in Matthews, NC
    Current Employee - Sales & Service Specialist in Matthews, NC

    I have been working at Bank of America full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    uncapped incentive plan, friendly people

    Cons

    customer experience linked to teller performance

    Advice to Management

    na


  2. Helpful (9)

    Operations

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America

    Pros

    Great banking industry benefits for associates

    Cons

    Middle management is lacking leadership skills


  3. Helpful (5)

    Great Place to start your career

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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

    Training
    Mentoring
    Exposure to deals
    Broad oppos through out Bank make learning the business easy

    Cons

    Corporate hubris
    Too much going on and changing to figure out what works

    Advice to Management

    Lets stay in one place long enough to figure out what to do next.


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


  5. Customer sales Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Marketing Specialist in Norcross, GA
    Current Employee - Customer Marketing Specialist in Norcross, GA

    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

    BOFA is a great place to work, has a good work life balance. The benefits are awesome and the staff are constantly educated and trained .. great palce

    Cons

    I beileve the have the ability to pay more for the position, management can definately do a lot more for employees


  6. Loan Funder

    Former Employee - Loan Funder in Simi, CA
    Former Employee - Loan Funder in Simi, CA

    I worked at Bank of America full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Excellent benefits, Paid holidays, cooperative management staff, Opportunity for advancement, competitive pay scale, recognition of job well done, acceptable training.

    Cons

    Too many computer based training programs, not relative to position description. Unannounced mandatory over time, Lack of supervisor participation in excelling an employee by merit.

    Advice to Management

    Be more active in employee success within the company. Limit CBT's to twice a year maximum. Be an example to your employees.


  7. Good job for recent grad

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

    I worked at Bank of America

    Neutral Outlook
    No opinion of CEO
    Neutral Outlook
    No opinion of CEO

    Pros

    Solid pay for someone who just graduated college
    Nice people

    Cons

    No real cons in my personal opinion

    Advice to Management

    Nothing everything they did was fine to me


  8. Good employer but pay attention to environment

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

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

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

    Pros

    Good opportunities to move around and gain experience in a large corporation. I've been promoted 3 times in 4 years. My pay has gone up around 25% in that time too. If you get in with a good group your work will be rewarded and respected.

    Cons

    Always have your resume' ready to go as you may have to move quickly to avoid a layoff. I've been laid off twice in the last 4 years. Watch out for managers who will cut your throat to save their behinds. Incompetent employees will not only stay on, but will get promoted. Hard to get rid of a bad employee/manager.

    Advice to Management

    Don't assume that everyone who is in management got there because they are competent. There needs to be some sort of cross-checking so that incompetent associates/managers don't continue to stay and poison everybody else.


  9. Helpful (1)

    Teller postion review

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

    I worked at Bank of America

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

    Pros

    -Well structured
    -Good medical Insurance
    -Organized
    -Plenty of sick days
    -Nice management

    Cons

    -You are not allowed to sit


  10. Helpful (1)

    Good company

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

    I worked at Bank of America full-time

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Met a lot of great people and lots of room for advancement. Learned a lot form my peers and managers. Great benefits and somewhat even work life and personal life balance.

    Cons

    Too many little groups within the company and everyone seems to have their favorites that gets promoted. It's not necessary what you do or how much you know but who you know. Retail banking is a dying industries... good luck.


  11. Great Employer

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

    I worked at Bank of America full-time

    Pros

    Excellent benefits and salary.
    Work from home options as well.

    Cons

    Management was not consistent.

    Advice to Management

    Remember to promote employees who work hard and do a good job



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