Bank of America

  www.bankofamerica.com
  www.bankofamerica.com
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

7140 Other Employee Reviews for Bank of America (View Most Recent)

Sort: Rating Date
  1. 1 person found this helpful  

    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

    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 ManagementAdvice

    Look for the reasons behind the numbers.

    Recommends
    Approves of CEO
  2.  

    LaSalle was a good place to work but suffered from lack of strategic focus and strong executive leadership.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President of Finance in Chicago, IL
    Former Employee - Vice President of Finance in Chicago, IL

    I worked at Bank of America

    Pros

    Strong brand name in chosen market with a high degree of customer focus. Compensation and benefits were above average. Strong financial systems and very good analytical tools.

    Cons

    Foreign owned. Executive management competancy and leadership was not as good as it could have been. The company talked about a commitment to work-life balance but did not live up to it. Organization tended to be in a constant state of flux with numerous reorganizations. Opportunities to move into different roles were limited and the criteria for promotion/title changes were not consistent across functions or even within functions. Communication within company was not as good as it could have been.

    Advice to ManagementAdvice

    Increase strategic focus and improve executive leadership. More consistent criteria for promotion across the organization.

There are newer employer reviews for Bank of America

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.