There are newer employer reviews for Bank of America

Tech vs Production at BAC

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Simi Valley, CA
Current Employee - Anonymous Employee in Simi Valley, CA

I have been working at Bank of America

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

The only limitation is self and the ability to network and grow from within. All cards are on the table if you are driven and have a goal in mind.

Cons

Being on the tech side of the house is a very thankless job. Management only cares when things don't work, then all hell breaks loose. On the other hand tech jobs will last much longer than any Project related jobs so the tradeoff might be even. I am sure this is the same anywhere else.

Advice to Management

Learn how the buisness works better than the average person. Making decisions from 34k feet is a waste of time.

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  1. Great place to work, lots of recent turmoil...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager In Corporate Workplace in Charlotte, NC
    Former Employee - Manager In Corporate Workplace in Charlotte, NC

    I worked at Bank of America

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Stimulating environment, lots of change, lots of opportunity, candid performance feedback, ability to try different things, support for associate growth, pay for performance.

    Cons

    Recent turmoil and new BAC program has leaders not on the same page, can be pretty bureaucratic, cultural differences between legacy BAC, Countrywide and Merrill Lynch still pretty big but coming together, outside regulations place a brake on some creativity.

    Advice to Management

    New BAC re-engineering program is a painful process but very necessary for BAC to move forward. The bank, and our group in particular had gotten pretty bloated (i.e., too many people and too many people in leadership positions) and thus inefficient.

  2. You wont find a better employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Customer Relationship Manager in Getzville, NY
    Current Employee - Customer Relationship Manager in Getzville, NY

    I have been working at Bank of America

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Great pay
    Excellent benefits package
    Room for growth
    Heafty amount of Vacation/personal/sick time
    Comfortable work environment
    Good work hours and flexible scheduling
    Overtime eligibility
    Pleasent people

    Cons

    The only con I have is working in the mortgage field can be extremely stressful, which can really get to a person, especially if you work in default, but I feel Bank of America recognizes this and rewards its employees with all the pros I listed.

    Advice to Management

    Nothing. I love you.

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