Bank of America Reviews

Updated August 30, 2014
Updated August 30, 2014
6,383 Reviews

3.3
6,383 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2,706 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 352 reviews)

  • Great coworkers, good work /life balance they let a lot of people work from home (in 195 reviews)


Cons
  • Sexism; old BFF network; little work life balance, but they gave lip service to it (in 138 reviews)

  • Lack of communication from upper management with regards to procedure changes (in 162 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant  in  Denver, CO
    Former Employee - Executive Assistant in Denver, CO

    I worked at Bank of America full-time for more than 8 years

    Pros

    Outstanding benefits, the health insurance packages were incredible. The company has a great understanding for personal emergencies - I had taken maternity leave (12 weeks paid), and soon after returning to work my husband was in a major accident and on life support. BoA has an employee family benefit where they will hold your position in qualifying medical emergencies such as this, although unpaid (since my fmla had been used for the year). I'm grateful to have had such an understanding company and management team as a support in such a scary time.

    Cons

    Lack of career growth opportunity, feeling like a spec in a crowd.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Excellent Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America

    Pros

    Love it here, keep growing

    Cons

    Nothing to mention, keep up the great work!

  3.  

    Best Organization on the Planet

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President, Project Manager  in  Chesapeake, VA
    Current Employee - Assistant Vice President, Project Manager in Chesapeake, VA

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

    Pros

    Professional Development, Team-Environment, Advancement Opportunities, Benefits, Awesome Leaders

    Cons

    This company is close to perfection.

    Advice to ManagementAdvice

    Continue to grow your people, we love you.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst  in  Seattle, WA
    Current Employee - Business Analyst in Seattle, WA

    I have been working at Bank of America full-time for more than 10 years

    Pros

    Many opportunities in different areas. But spending time in Finance has opened more doors than others who worked at branches. The bank is much more than checking and saving accounts. Technology is constantly changing and they are always enhancing the process.

    Cons

    Many positions are in cities where I would rather not live. There are limited :work from home positions. Some groups have used that excuse that they want all employees to be in the same office then layoff those who do not. Technology is constantly changing but they hire contractors to help but they don't keep them long enough to finish projects so it takes time to bring new people up to speed so there's lots of wasted time.

    Advice to ManagementAdvice

    Equal pay for equal work is still an issue in this day and age. Men still make more than women for the same job, or in some cases where the woman is doing more.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    the experience is very useful

    • 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

    Pros

    they will give more opportunity for you.

    Cons

    The salary is not high.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Bank of America is a great company with great work life balance

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

    I have been working at Bank of America full-time for more than a year

    Pros

    Flexible work arrangements, 401k matching, career development, regular performance reviews, friendly coworkers, good vacation and holiday time off, sick time, people understand family commitments

    Cons

    complex organization, frequent changes to processes, tough to reach exceeds expectations. Things change very frequently at Bank of America. You have to be willing and ready for change.

    Advice to ManagementAdvice

    Simplify the company processes as much as possible

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President  in  Atlanta, GA
    Former Employee - Assistant Vice President in Atlanta, GA

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

    Pros

    Great benefits, salary and work environment

    Cons

    Some long hours, some potentially excessive levels of management.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Loan Servicing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Researcher  in  Westlake Village, CA
    Former Employee - Researcher in Westlake Village, CA

    I worked at Bank of America full-time for more than 3 years

    Pros

    Leadership, office culture, personal growth, benefits

    Cons

    Promations, Perks, overtime, commucation, location

    Advice to ManagementAdvice

    Get everything i writing

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  10.  

    Good company to work for.

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

    I have been working at Bank of America part-time for more than 3 years

    Pros

    Very good benefits for part-time associates.

    Cons

    Management can ask too much of employees sometimes.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    BOA

    • 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

    Pros

    Great benefits and low out of pocket costs

    Cons

    Federal regulations hard to work within

    Approves of CEO

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