There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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Rich in Benefits, Poor in Salaries

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Learning Consultant
Current Employee - Learning Consultant
Recommends
Positive Outlook
Approves of CEO

I have been working at Bank of America full-time (More than 5 years)

Pros

The benefits offered at Bank of America are top-notch: health benefits, 401K + match, tuition reimbursement, charitable gift matches, 10 sick/personal days, 10 bank holidays, at least 2 weeks vacation (incrementally increases the longer you work there), discounts or credits on banking products and services, and they generally support a healthy work/life balance.

Cons

While they have started to offer competitive salaries to new hires, they didn't always, and now have not been able to bring veterans up-to-speed on their salaries. In my case, I make significantly less than my peers who are doing the same job, despite the fact that I have an advanced degree and they don't. It seems to be true that the only way to get a significant raise at this company is to leave for a while and be hired back.

Other Employee Reviews for Bank of America

  1. Overall good experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Presale Foreclosure Specialist in Getzville, NY
    Current Employee - Presale Foreclosure Specialist in Getzville, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America part-time (More than a year)

    Pros

    Great benefits (even for part time employees) Great people Good pay Good promotion opportunities All the managers at my branch are very approachable.

    Cons

    Work is sometimes mundane and tedious but what job isn't at times, and the bank can improve on its training strategies and implementation.


  2. BAC Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Plano, TX
    Current Employee - Project Manager in Plano, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Ability to work from home. Challenging priorities. Team orientation.

    Cons

    Rate of change and priorities can be demanding.


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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