There are newer employer reviews for Bank of America

 

Bank of America is a solid company that will be around for centuries.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Banking Center Manager  in  Houston, TX
Current Employee - Banking Center Manager in Houston, TX

I have been working at Bank of America

Pros

The best reason to work for B of A would have to be the benefits. 3 months maternity leave Male or Female, 4 weeks off vacation anually as a manager are two of the great benefits as a Banking Center Manager.

Cons

The Salary is not what you could earn at some of the competitors. Realistically, Bank of America is a very safe place to work now-a-days considering the economic conditions we face.

Advice to ManagementAdvice

Advice for senior management would be to always recognize your associates. Make sure you always let your associates know where they stand, good or bad.

Recommends
Approves of CEO

6510 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Teller Operations Specialist  in  Silver Spring, MD
    Former Employee - Teller Operations Specialist in 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 friendly.
    It is a good, strong company that invests lots of money in their R&D and in their software.

    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 skilled at it. You get to deal with many angry customers. They are rigid about how they measure performance so you end up sounding robotic when talking to customers.

    Advice to ManagementAdvice

    Allow employees to transfer to other departments without relying on manager's for complete evaluation. When an employee is good managers can stand in the way of advancement.

    Recommends
    Approves of CEO
  2.  

    Not losing sleep over losing my job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Banking Center Manager
    Current Employee - Banking Center Manager

    I have been working at Bank of America

    Pros

    It's been a stable company in all this economic turmoil, especially considering what's happened in the financial services industry. Ken Lewis and his Senior Management team have been proactive in keeping the company well capitalized so we don't need to use the TARP money like other banks have been forced to do.

    Cons

    Because it is such a large company, communication from upper management is not always as quick or efficient as it should be.

    Advice to ManagementAdvice

    Invest more in its associates. Create a more fluid process for employees to venture into different channels of the bank, business banking, consumer banking, Premier, BAI, etc. Sometimes you've got great people in the wrong place, and upper management should be more involved in making sure we don't lose good associates just because they didn't know they could pursue other options within the company.

    Recommends
    Approves of CEO
There are newer employer reviews for Bank of America

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