Bank of America
3.2 of 5 5,992 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees

5992 Employee Reviews (View Most Recent)

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1 person found this helpful  

Too big, but unfortunately often still fails

Vice President (Former Employee)
Chicago, IL

ProsBank of America has good benefits
Well capitalized so has the potential to build great things

ConsBureaucracy slows down innovation
I found that many business people could sometimes know less than the technology staff - this was especially true in the risk organization
Wasted money on projects with bad design using purchased products that were expensive, and not needed (often < 10% of products functionality was used)
Often it was difficult for people to move up the company if they weren't in the "right" group of people

No, I would not recommend this company to a friend

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    • Culture & Values
           
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    1 person found this helpful  

    Mixed Review

    Learning Consultant (Former Employee)
    Charlotte, NC

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


    Pros: Versatile company full of talented professionals Cons: Very clickish and politics and relationships overall performance Advice to Senior Management: Ensure that associates are promoted and recognized by performance not… No, I would not recommend this company to a friend More
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Bullish

    Financial Advisor - PMD (Former Employee)
    New York, NY

    I worked at Bank of America full-time for more than a year


    Pros: Supreme platform, lots of great investment support, base pay is good so as incentive. You can find connections with other boa employees if you look… Cons: Hurdle during first year production is easy but tough in year 2 or 3unless you are lucky to find a senior FA to… Advice to Senior Management: Perhaps only less than 10 percent of PMD can graduate, please spend more time with… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
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