There are newer employer reviews for Bank of America

Unit Manager I

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Unit Manager I
Current Employee - Unit Manager I

I have been working at Bank of America full-time

Pros

Excellent opportunity to gain leadership and corporate experience. Benefits are first class, many employee focused programs and benefits to tap into.

Cons

Very political and difficult to navigate the good ol boy network at times. Salaries are deplorable for mid level managers and front line associates. This often leads to retention problems with the less capable associates remaining longer and having negative impact on the business. Cross functional departments and systems are often convoluted and leads to service issues for internal and external customers.

Advice to ManagementAdvice

More effective execution of the pay-for-performance model. If an associate really wants to increase their salary, they often must leave the company and return a year later demanding a higher salary. While this works in many cases, it creates a negative experience for the both the associate and the company.

Doesn't Recommend
Neutral Outlook
Approves of CEO
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  1. 1 person found this helpful

    A C+ company to work for....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales and Service Specialist
    Current Employee - Sales and Service Specialist

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

    Pros

    Benefits are great, pay is good, and the company does a great job of letting its; employees have an excellent work-life balance.

    Cons

    Training methods for new employees can be slightly overwhelming and aren't really effective. Also, they expect you to learn about three months of material in about six weeks... Banking centers don't have all the necessary tools to handle every customer request, too many call centers and too compartmentalized.

    Advice to ManagementAdvice

    Needs to improve the way they train new banking center employees, more hands on experience less of the computer training modules,

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. Great place to work for, if you get on the right team.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Technology Manager
    Current Employee - Senior Technology Manager

    I have been working at Bank of America full-time (more than 10 years)

    Pros

    Ability to change jobs
    Benefits package
    Exposure to new technology

    Cons

    Constant threat of budget cuts
    Bureaucratic decision process
    Infrequent raises

    Advice to ManagementAdvice

    The constant executive churn is causing strategic vision to blur.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Bank of America

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