Bank of America

  www.bankofamerica.com
  www.bankofamerica.com
There are newer employer reviews for Bank of America

 

Good to build foundation

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Risks Analyst in Chester, England (UK)
Former Employee - Risks Analyst in Chester, England (UK)

I worked at Bank of America full-time (more than 5 years)

Pros

Structured and methodical business approach
Open to new ideas
Excellent benefits
Many affiliations
Good brand
Reasonably stable
Good exposure to systems
Rhobust data warehouse
Very clean and secure workplace
Focus on associate satisfaction
Transparent management style includeing 360 degree feedback encouraged

Cons

Bad a retaining talent
Not a good payer
Overly bureaucratic
HR not always approachable
No budget for education
Inconsistent in promotions

Advice to ManagementAdvice

Keep being open to new ideas.
Continue to be structured in your methodologies.
Continue to focus on VoC
Continue and improve to be result oriented and flexible.
Use discretion more often
Need to be more engaged with members of staff.
Learn to identify and retain talent.
Promotion should be based on merit not tenure at work.
Encourage associates to progress as too many people are comfotable doing the same role year after year and management do not push them forward. It is bad example for junior analysts and reflects badly on the department.
Find some funds to sponsor education.

Recommends
Positive Outlook
Approves of CEO

7159 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Been honest with your work makes you feel good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Member in Hyderābād (India)
    Current Employee - Team Member in Hyderābād (India)

    I have been working at Bank of America full-time (less than an year)

    Pros

    Can make friends with post no bar, friendly atmosphere.

    Cons

    Depends on how we take the policies.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America

    Pros

    The company benefits are some of the best around. It is pretty easy to move departments/locations if you are interested in doing so. Work life balance is really good and mgmt treats their team like adults.

    Cons

    Starting pay is okay but it is hard to increase yearly salary. Seems like people in the department get trained and up to speed then leave to another company to make more money in a similar role.

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

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