Bank of America

www.bankofamerica.com
There are newer employer reviews for Bank of America

1 person found this helpful  

Like a clock on a wall...always moving, but never going anywhere

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

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

Pros

Knowledgeable staff; above average employee benefits; lots of opportunities for community service; generally fair work/life balance

Cons

bureaucratic structure - can sometimes be difficult to get things accomplished; compensation is below market - COLA vs raise; promotions are rare and often come with increased responsibility without an increase in comp

Advice to ManagementAdvice

give more autonomy to people to get things accomplished; reward hardworking and high-performing associates with more than just occasional verbal praise;

Doesn't Recommend
Neutral Outlook
No opinion of CEO

7519 Other Employee Reviews for Bank of America (View Most Recent)

Sort: Rating Date
  1. 1 person found this helpful  

    Bank of America tries hard to strive for Work/Life Balance and provide growth opportunities but has fallen short.

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

    I worked at Bank of America full-time (more than 10 years)

    Pros

    Coworkers. Fast Paced. No 2 days are alike.

    Cons

    Lack of training, work/life balance issue, poor upper management, too much red tape and hurdles to jump over for approvals and funding. Not on the cutting edge of technology.

    Advice to ManagementAdvice

    The Merrill Lynch work ethic has taken over since the acquisition and I don't mean that as a positive comment. Work/Life balance got thrown out the window. Too much emphasis on face time and not enough and actual results and accomplishments. Need a housecleaning across the top 3-4 levels of management to bring in new ideas and current technology.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Great company with lots of opportunities, a little unorganized though.

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

    I have been working at Bank of America

    Pros

    very flexible, great benefits and plenty of directions to take your career.

    Cons

    Their organization and communication could use some work.

    Advice to ManagementAdvice

    Focus more on improvement to the company, instead of babysitting employees.

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

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.