There are newer employer reviews for Bank of America

Helpful (1)

Bank of america

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

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

Recommends
Positive Outlook
No opinion of CEO
Recommends
Positive Outlook
No opinion of CEO

Pros

Good location, nice people, great benefits, flexible schedules, a lot of work from home opportunities.
A lot of training opportunities for people who want to advance.

Cons

Not much room for pay negotiation, outsiders with no experience get way better offers than people growing with the company. A lot of micromanaging from managers who dont know how to properly do their job.

Advice to Management

Provide more recognition.

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  1. Managers are keen on professional growth, but company does not have a clear direction on where to go

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Managers care about your professional growth
    -You are constantly challenged with new assignments which help you understand the bigger picture of the business

    Cons

    -Hours can be long at times, but this has become the norm in the industry so should be expected

    Advice to Management

    While building capital reserves is currently the top priority for the bank, management should really start thinking about how to proactively understand (and predict) the needs of clients and act accordingly.

  2. Overall good company to work for if you plan to be an employee forever.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Loan Officer in Plano, TX
    Former Employee - Mortgage Loan Officer in Plano, TX

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

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Overall good company to work for. Opportunity to move around to different areas and lines of business.

    Cons

    micromanaging, constantly sitting in a cubical all day, repetitive.

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