There are newer employer reviews for Bank of America

It's a good company to work for.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Loan Closer in Phoenix, AZ
Current Employee - Loan Closer in Phoenix, AZ

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

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Medical, Dental, and Family Leave benefits are outstanding.
Plenty of paid vacation, sick days, and holiday time.
If you become long-term ill (3 months or more) you will have a job waiting for you once you are well.
A place for every level of ambition--if your goals are mainly outside of work, you will have time to pursue them. If you want to dive in and scale the corporate ladder you'll have opportunity to do that also. If you want to do extra work for your site, such as decorating, organizing birthday parties, helping with training, you can do that also.
Up to 5 hours per week paid to volunteer with United Way, Susan G Komen, or Habitat for Humanity.

Cons

Very large company, so there's lots of corporate hooey through the company intranet.
Employees who do not meet the standards in their role cannot transfer to a different one.
The quality of your work experience will often be dependent on your Team Lead.

Advice to Management

Find more ways to extend mentoring opportunities to everyday associates.
Create more positions for semi-retired associates and college students.

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  1. I loved the local branch of BAML

    • 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

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    The mail street(i.e. local branch office) was a,great place to work. Coworkers we helpful and fun. Many are still good friends.

    Cons

    Bank of America culture destroyed what was great about Merrill Lynch.

    Advice to Management

    Spin Merrill Lynch out!!!

  2. For the most part it's a great place to work.

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The pay is good, even just starting out as a teller. You can't beat some of the benefits that they offer, like tuition and child care reimbursement, paid vacation and sick time, just to name a few. There are many opportunities to promote within Bank of America.

    Cons

    Even though there are many opportunities for promotions with Bank of America, I feel like sometimes the person filling the roles are either unqualified or underserving in comparison to other applicants. The job can also be very stressful at times.

    Advice to Management

    Take a look and reevaluate the sales goals for some centers. I work in a very low income area and struggle to get even 60 or 70 percent of my goals.

There are newer employer reviews for Bank of America

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