There are newer employer reviews for Bank of America

Great, if you kiss up to DM .. Good if you dont

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Teller in Ocean, NJ
Current Employee - Teller in Ocean, NJ

I have been working at Bank of America part-time (more than a year)

Pros

the benefits, pay, goals are obtainable . Don't pressure... just 360 coaching.

Cons

their are not really too many cons besides trying to move up with in the company. Give training for those who are trying to eventually advance

Advice to ManagementAdvice

Recognize your employees for their accomplishments

Recommends
Positive Outlook
Approves of CEO
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  1. Demanding but rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor - PMD in Leawood, KS
    Former Employee - Financial Advisor - PMD in Leawood, KS

    I worked at Bank of America full-time (less than a year)

    Pros

    Great company reputation, great research, great training, competitive salary, opportunities to work independently as long as producing results. Great opportunity to listen to industry experts. Get out what you put in.

    Cons

    Extensive research and support means giving 62% of commissions to company. About 90% of focus is on prospecting for clients when building a book of business. Culture and values completely about how many new assets can be brought in and not as much focus on attention to current clients. Not for everyone.

    Advice to ManagementAdvice

    Would like to see more focus towards giving attention to existing clients rather than completely about generating new clients

    Recommends
    Positive Outlook
    No opinion of CEO
  2. Loan Processor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Processor in Concord, CA
    Current Employee - Loan Processor in Concord, CA

    I have been working at Bank of America full-time (more than 3 years)

    Pros

    Challenging if you enjoy working in a place that changes procedures daily, expects 190% from you all day, everyday, and continously ask more and more of you, but offers less and less in return

    Cons

    Not having enough time to look for another job right now, this place is a sinking ship and I'd like to be able to jump versus go down with them.

    Advice to ManagementAdvice

    Lead by example, and realize that all your emplyees are valualbe not just the one's that kiss your a - don't make that fact that you have favorites so obvious, place suggestion boxes at all locations and read your employees thoughts and feedback to assist in solving the "true problems"

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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