Bank of America

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

1 person found this helpful  

Worthwhile

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Modification Underwriter in Fort Worth, TX
Current Employee - Modification Underwriter in Fort Worth, TX

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

Pros

Low level managers are good to work with and encourage having fun while at work. Overall the environment and my experience has been good (in comparison to other places i've worked). Though the company has posters everywhere indicating the desire to make this "The Best Place to Work". I think the company has a long way to go.

Cons

In the most recent few years, income has gone down significantly. Career path is controlled by the company. Management can squelch any attempt to change jobs. Opportunities to gain certifications are limited to a few so career growth is controlled. Not many opportunities to advance career because company has been shrinking the past few years. Advancement is based on band levels (like the military). However, band levels are inaccurate. Myself having over 7 years of experience and the one training the new kids out of college has a lower band level than those being brought in. They are the ones with the opportunities for growth. Pension was cut.

Advice to ManagementAdvice

Reward those who've dedicated more time to the company. Work on the band levels and make them fair. Provide a clear path for growth to allow people to increase in value and demand as they continue their career. Stop cutting benefits and wages while paying your investors and management more based on the increased profit from those cuts.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

7151 Other Employee Reviews for Bank of America (View Most Recent)

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  1. 1 person found this helpful  

    Good Place To Work in Online/Mobile Technology

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Charlotte, NC
    Current Employee - Vice President in Charlotte, NC

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

    Pros

    Bank embraces use of innovative online and mobile technologies. People looking to work at the forefront of technology (either on the tech or business side) will find many attractive opportunities at the Bank.

    Cons

    Very complicated place to work. It can be frustratingly difficult to get things done. Expect to spend a lot of time navigating red tape.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Very exploited and unsatisfied!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Associate in Weston, FL
    Former Employee - Sales Associate in Weston, FL

    I worked at Bank of America full-time (more than an year)

    Pros

    Working for a well known company is always a pro in your resume. I learned a lot working for them. They trained you, they give you all the tools to accomplish what they want you to do.

    Cons

    Depending on your manager or boos, you might end up at the same position for ever not matter how good you are. If they don't what to grow you are stock. Not even your excellent reviews will help you

    Advice to ManagementAdvice

    Appreciate what employees do for the company and show appreciation for their efforts.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Bank of America

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