There are newer employer reviews for Bank of America

 

Competitive, but not Rewarding

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

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

Pros

Work Environment is good, co-workers are cooperative, management is understanding and helpful

Cons

low pay; no incentives; lack of motivation

Advice to ManagementAdvice

Referrals deserve as much incentives as actually opening the account. There should be a reward system in place for referrals as much as sales. Sometimes when there are no opportunities to the bankers, its the tellers that bring in the business.

Doesn't Recommend
Positive Outlook
Approves of CEO

6507 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Things have changed a bit.

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

    I have been working at Bank of America full-time for more than 5 years

    Pros

    Good benefits, competitive salary. If you are willing to work hard, that will be reflected in your salary and bonus.

    Cons

    Very political. Company does a poor job of promoting from within. Since the merger with ML, the culture has changed quite a bit. There is still a big division between the two legacy organizations.

    Advice to ManagementAdvice

    The morale of employees would improve if you stopped bringing in outside people to fil management roles, and began to develop the talent within the organization.

    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Overall, enjoy the job. Not a fan of the company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller  in  Chicago, IL
    Current Employee - Teller in Chicago, IL

    I have been working at Bank of America part-time for less than a year

    Pros

    Good pay and benefits for part-time

    Cons

    Seem to only care about its products, rather than customers. Lots of fees.

    Advice to ManagementAdvice

    People in the branch are great people. Seems like upper management is filled with a bunch of nitwits. Way too much micromanagement.

    Recommends
    Neutral Outlook
    Approves of CEO
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