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There are newer employer reviews for Bank of America

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

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
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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  1. Helpful (1)

    The most incompetent, unethical and corrupt company you will ever find

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance in Dallas, TX
    Former Employee - Finance in Dallas, TX

    I worked at Bank of America full-time (More than 3 years)

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

    Pros

    That I left the company without wasting any more time.

    Cons

    No pay for performance. People were being laid off from a department while their replacements were in the training rooms getting trained to take their places. This place is a revolving door. People hired and moved up into management who couldn't handle their entry level position. Management deliberately the underwriting of loans to keep the volumn of loan approvals down while approving other loans that had worse credit profiles. You will not find a lower more corrupt form of business.

    Advice to Management

    Clueless puppets


  2. Not a great corporate culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Analyst in Agoura Hills, CA
    Former Employee - Loan Analyst in Agoura Hills, CA

    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

    Pay scale is good and that is about it.

    Cons

    Poor corporate culture that lacks open communication. B of A has acquired so many companies that programs, systems and procedures are outdated. The company does not encourage communication or new ideas for improvements. Customer service and internal moral thus suffer. The company appears to be a dinosaur that is on its way out if it does not grow with the times.

    Advice to Management

    Create an environment that encourages open communication. Update your outdates computer systems and programs.


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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