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This company can not get out of its own way...stay away

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Commercial Lender  in  Los Angeles, CA
Former Employee - Commercial Lender in Los Angeles, CA

I worked at Bank of America full-time for more than 3 years

Pros

There are some very intelligent people that you can learn a lot from. Benefits are pretty good with a relaxed environment where customers come first. You will definitely learn a lot of new things by working here.

Cons

Morale and pay/bonuses are down from the good old days. Management needs to right the ship before it sinks. I have heard that the competition offers a lot better opportunity for its employees. I almost wish the bank got broken up into smaller pieces.

Advice to ManagementAdvice

Look to your employees to get some ideas on how to make the bank more profitable and competitive. Please bring back the gold old days by making some good smart decisions.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

Other Reviews for Bank of America

  1.  

    Started great than reality caught up

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sss  in  Davie, FL
    Current Employee - Sss in Davie, FL

    I have been working at Bank of America full-time for more than a year

    Pros

    Benefits and hours of operation

    Cons

    everything else, lack of pay

    Advice to ManagementAdvice

    good luck!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Smart, dedicated people, size has both pros and cons

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Bank of America full-time

    Pros

    I worked in Capital Markets Technology in New York, due to size & breadth of company, you can gain exposure and access to SME's across fixed income, equities, rates, etc. Also, there is a top-notch initiative with senior management buy-in to bring all trading & risk onto a common platform.

    Cons

    Huge company, sometimes this translates to redundant levels of decision making, and it can be time-consuming to find the person or group best suited to address a given issue. Internal tech support & HR sub-optimal.

    Recommends
    Neutral Outlook
    Approves of CEO
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