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

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overall positive experience but slowly started to decline

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Teller in Hemet, CA
Former Employee - Teller in Hemet, CA

I worked at Bank of America part-time (More than a year)

Doesn't Recommend
No opinion of CEO
Doesn't Recommend
No opinion of CEO

Pros

The bank offers good hours, it also offers benefits for any employee who is hired on as a 20 hour employee (you still have to contribute, but still affordable). paid holidays.

Cons

In recent years Bank of America has been massively cutting back the labor force which makes it very difficult to give customers the attention they deserve. Granted this is due more to government regulations then anything else it still makes it difficult to do your job properly.

Advice to Management

I would highly suggest that you offer a product by product monetary incentive system.

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  1. Good people, challenging work.

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good people, challenging work; flexible hours- good opportunity to network in community; strong business brand; good materials provided by company.

    Cons

    No concrete business plan provided by company; difficult business to break into without senior advisor assistance; sometimes conflicting instructions from management.

  2. For better or worse this is a very large company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Boston, MA
    Former Employee - Project Manager in Boston, MA

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

    Pros

    Massive client base that is incredibly varied in size and complexity. Well known company that until recently has had a rich history. You have the opportunity to do pretty much anything related to finance if you choose to pursue it. A lot of really good natured people that don't get enough credit.

    Cons

    Management heavy organization. Recent history has caused people to have a very negative reaction to the company you work for. Red tape is never ending so it is difficult to get things done and almost impossible to do things that aren't part of the standard procedure.

    Advice to Management

    Get back to focusing on client needs and the bottom line will increase in the end. You have a tremendous amount of client-facing associates that are very talented, give them the freedom and the tools they need to service the client as they see fit. Listen to the front line associates, they are the ones that know what clients are looking for.

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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