There are newer employer reviews for Bank of America

Great opportunities for entry-level

  • 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 full-time

Pros

Great career growth and opportunities within your LOB or department. Understanding of work-family balance. Generous schedule flexibility.

Cons

Pay isn't the best compared to other financial institutions, especially entry-level. Limitations in trying to move up, across other departments. Prior risk has damaged the company's reputation within communities. Need more investment in training employees for soft skills and professional programs.

Advice to ManagementAdvice

Be conscientious of how mid-managers communicate changes to associates. They are your mouth pieces. Also be aware of how familiar they are with the daily requisites and constraints of the process they are in charge of.

Recommends
Neutral Outlook
Approves of CEO
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  1. Great overall compensation package for employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Project Analyst in Charlotte, NC
    Former Contractor - Project Analyst in Charlotte, NC

    I worked at Bank of America as a contractor (more than 8 years)

    Pros

    Pay for Performance for the employees
    Promote within

    Cons

    Job security is not always apparent.

    Advice to ManagementAdvice

    Recognize top performers regularly

    Recommends
    Positive Outlook
    Approves of CEO
  2. Nice Work and life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quantitative Analyst in Wilmington, DE
    Current Employee - Quantitative Analyst in Wilmington, DE

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

    Pros

    Employee oriented culture, flexible working schedule and locations, well balanced work and life style

    Cons

    legacy issues, not strong in analytics

    Advice to ManagementAdvice

    Need to be more analytical

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

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