Bank of America

  www.bankofamerica.com
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6146 Employee Reviews (View Most Recent)

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Hands down the worst work environment in my career

Senior Vice President (Former Employee)

ProsThere used to be some good work colleagues there, but most left in 2009-10
Can't think of many others

ConsLying, backbiting, manipulative management
An environment of fear, loathing, and constant tension
Rampant HR violations, like age and sex discrimination
Unrealistic expectations
Contempt for customers
Idiotic training
Non-sense social responsibility
Huge ethical and integrity lapses
Terrible internal IT systems
Moronic marketing and executive management
The managers who remain are the dregs -- all the good rats jumped ship long ago

Advice to Senior ManagementBreak it up, it is a classic case of the "Inefficiency of scale" -- turn it into 6-8 regional banks with a focus on excellence in customer service. Spin off ML and all the other non-banking units. Spin off the niche units like US Trust.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Lots of focus on sales and meeting goals

    Personal Banker (Current Employee)

    I have been working at Bank of America full-time for more than 3 years

    Pros: Tuition reimbursement, great experience in a top company, lots of… Cons: The job satisfaction will depend entirely on your manager and how well you hit your sales goals. If you are doing great, they will constantly… Advice to Senior Management: Focus on keeping employees, there are new employees every couple… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Loan Officer

    Mortgage Loan Officer (Former Employee)

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

    Pros: Good money, lots of opportunities Cons: Change is constant due to changes in mortgage industry, fast-paced… Advice to Senior Management: Lighten up workload, it is not all about numbers. Otherwise it… More

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