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

Recommends
Approves of CEO
Recommends
Approves of CEO

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 Management

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.

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  1. 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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    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 Management

    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.

  2. Helpful (1)

    Bank of Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Sales & Service Specialist in East Providence, RI
    Current Employee - Sales & Service Specialist in East Providence, RI

    I have been working at Bank of America

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Bank of America works hard to foster a culture of inclusion, and also a culture where one is encouraged to seek professional growth. Management for the most part does listen to employees. Bank of America also is on the cutting edge of a lot of things, technologically and otherwise.

    Cons

    There can be a bit of a Peter Principle in effect, and dealing with other departments can often leave you depressed, and frustrated. Also, the (understandable) obsession with metrics can lead to some bizarre directives, often at cross purposes with what the company is trying to achieve. Sometimes the reasons associates are given for policies seem to be untrue.

    Advice to Management

    Look for the reasons behind the numbers.

There are newer employer reviews for Bank of America

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