Bank of America
3.2 of 5 5,388 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees

5388 Employee Reviews (View Most Recent)

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2 people found this helpful  

Creative Destruction makes a company lean and mean, but it's no fun after a while.

Senior Vice President (Current Employee)
New York, NY

I have been working at Bank of America

ProsBofA is a large and stable bank that will survive this credit crisis.

ConsLimited opportunities for advancement, mostly due to what is happening in the industry. BofA has succeeded via a growth-trough-acquisition strategy. The downside for associates is that every acquisition includes restructuring and layoffs. The Merrill merger alone will cost 30k-35k jobs.

Advice to Senior ManagementEnough with the acquisitions already! Sometimes I think you do this to stroke your egos. Bye the way, growth through acquisition is not a sure thing. Just look how well it went for Sandy Weill when he built up Citi.

Yes, I would recommend this company to a friend

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B of A an excellent company to work for...but will it continue to be in the next year?

Sales & Service Specialist (Current Employee)
Seattle, WA

I have been working at Bank of America


Pros: Bank of America provides excellent benefits to their employees. My husband and have taken advantage of their tuition reimbursement program, with a value upwards… Cons: I'm somewhat concerned about upcoming changes at Bank of America given the economic climate and their recent acquisitions of other companies. The recently discontinued… Advice to Senior Management: Bring back the Spirit Reward Points, and find ways to… Yes, I would recommend this company to a friend More

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Great company to work for

Teller Operations Specialist (Former Employee)
Silver Spring, MD

I worked at Bank of America


Pros: Opportunities for advancement. They have the best software in the market, making work very easy and user… Cons: It's hard to transfer between departments. The compensation could be better compared to credt unions but you can negotiate a substantial amount if you are… Advice to Senior Management: Allow employees to transfer to other departments without relying on manager's for complete… Yes, I would recommend this company to a friend More

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