There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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It's all in who you know.

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

I have been working at Bank of America full-time (More than 5 years)

Doesn't Recommend
Neutral Outlook
Disapproves of CEO
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Pros

I can't say too much good about working for this company, other than I think the entry level pay is higher than most other banks in the area.

Cons

The work is awful. It's mindless and boring. If you plan on advancing in the company you must brownnose your way to the top.

Advice to Management

Be more professional.

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  1. 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 a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

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

  2. PMD Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor - PMD in Miami, FL
    Current Employee - Financial Advisor - PMD in Miami, FL

    I have been working at Bank of America full-time (Less than a year)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Great position for someone who is a career changer - you get paid a salary, which is either under 50k, or 50-70k, the salary level you choose will decide what your production hurdles will be. So you can elect a higher base but you will have higher production hurdles. They pay you to study, get your 7 and 66, and Health/Life Insur License. The prospecting and acquiring clients is BRUTAL! Do not kid yourself, the failure rate is extremely high. I have plenty of experience in marketing and it is sooo hard. Looking back I would not have started in this program. I am just hitting my hurdles but dont see this trend able to continue into the coming months as hurdles start increasing. I am contemplating looking for other positions.

    Cons

    The hurdles for production and huge, and prospecitng is extremely difficult. Cold calling is impossible with do not call lists. No one responds to mailers. Seminar success is very low and those that do want follow up drag their feet. You starve for even small accounts.

    Advice to Management

    Lead generation or some sort of more develop support would be great in terms of marketing and prospecting. The have plenty of resources, but the hurdles still seem unrealistsic.

There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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