Bank of America

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6111 Employee Reviews (View Most Recent)

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Compensation and Work review

Team Manager (Current Employee) Chicago, IL

ProsBenefits and flexibility at work.

ConsPromotions and compensation is very arbitrary and not truly based on qualifications.

Advice to Senior ManagementWhen selecting candidates for promotion or for compensation management needs to make better judgements. Sometimes promotions are made based on pressure to the management rather than the qualifications.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    I feel more secure than most in my position

    Officer (Current Employee)

    I have been working at Bank of America


    Pros: They have a great benefits package: 5% match in your 401k, pension program, time off benefits are good (I get 4 weeks a year… Cons: Every merger brings a bunch of layoffs. They laid off part of my team and then hired more people than we lost only 8… Advice to Senior Management: See above! Better communication of changes, make a plan… More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good company in an unstable environment

    Vice President (Current Employee) Greensboro, NC

    I have been working at Bank of America


    Pros: It is a stable company in this current economic environment. With the Countrywide and Merrill Lynch acquisitions, there are opportunities for people with strong interpersonal… Cons: "old" boys club - still very few women or minorities… Advice to Senior Management: hold off on any more acquisitions until the economy stabilizes Yes, I would recommend this company to a friend More
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