There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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Helpful (2)

It's all in who you work for.....

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Credit Analyst in Charlotte, NC
Former Employee - Credit Analyst in Charlotte, NC

I worked at Bank of America

No opinion of CEO
No opinion of CEO

Pros

The best reason to work at Bank of America would definitely be to get the name on your resume and hopefully to make some good money. In this environment, banking jobs are hard to come by so a good opportunity with the company wouldn't be a bad career move. I personally think that your experience at the bank, due to its large size, will be VERY dependent on what city you live in, what division you work in, and who your manager is. Some managers are highly incompetent, and poor motivators, others are great motivators, great leaders, and inspire you to work hard. So when you interview, assess your manager very well.

Cons

The downside of working at Bank of America would definitely be that the size of the Company means some groups are mch better to work in than others, meaning your experience could be a crap shoot. In this environment, banking jobs are hard to come by, and there is a lot of stress and worry about being downsized, so a safer industry may be more appealing right now. If you go, try to negotiate severance up front. I can't stress how much your experience at the bank will be VERY dependent on what city you live in, what division you work in, and who your manager is. Some managers are highly incompetent, and poor motivators, others are great motivators, great leaders, and inspire you to work hard. So when you interview, assess your manager very well.

Advice to Management

Take a hard look at what you offer displaced employees. The Company lets a lot of talented people go and does not have very effective methods of trying to reposition the talented employees within the organization. In my time at the bank, I've seen a lot of talented people leave for negligible amounts of money. The bank would be a better place if they were able to keep some of these people.

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  1. If you want a stable job, this is the place.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America

    Approves of CEO
    Approves of CEO

    Pros

    Job Stability because you won't get acquired.

    Cons

    Big Bank with Big Bank Mentality. Relationships are stressed but that doesn't always matter.

    Advice to Management

    Treat the people right now because when the market changes, and it will, they won't forget. The party line of where else can you go is true right now, but won't be forever.

  2. don't expect too much

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Credit Card Account Manager in Hunt Valley, MD
    Former Employee - Credit Card Account Manager in Hunt Valley, MD

    I worked at Bank of America

    Doesn't Recommend
    Doesn't Recommend

    Pros

    big company, a lot of rooms for career advancement, sounds good on your resume

    Cons

    underpaid, too much bull**** from the supervisor, they thank too much but it's just for lip service, getting harder to make a buck, they need to give benefit to full time employees, their listening assessment is subjective

    Advice to Management

    stop thanking too much, but reward your employees by not making harder and harder to get commission, don't keep providing with new information for employees to learn about but not making any effort to increase salary

There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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