There are newer employer reviews for Bank of America

Helpful (1)

Bank of America was crazy and I wouldn't ever work there again

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Mortgage Collections in Fort Worth, TX
Former Employee - Mortgage Collections in Fort Worth, TX

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

Doesn't Recommend
Negative Outlook
No opinion of CEO
Doesn't Recommend
Negative Outlook
No opinion of CEO

Pros

It's nationwide, standard benefits, community involvement

Cons

I worked in the mortgage area in collections. I did well, and made bonuses most months. When BOA does reviews they have "Meets expectations" ,"High Meets Expectations", and "low meets expectations." I would take 100-150 collections calls a day, and only got a "meets expectations" on my review. I was burned out on collections and tried to apply for another job within the entire BOA network, but the only people that ever were successful in getting another position within the company were the people that had been rated higher.

It was a rat-race and unless you are good at brown-nosing, you will never get ahead there.

Advice to Management

make your employee reviews more fair.

reviews filtered by
  • Any Location
  • Any Job Title
  1. Bank of America purchased Countrywide and everything changed radically

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Cannot Identify & Maintain Anonymity in San Bernardino, CA
    Former Employee - Cannot Identify & Maintain Anonymity in San Bernardino, CA

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Organized, consistent company with large volumes. Opportunities exist within the areas of operation for certain types or for those with certain connections.

    Cons

    Regular layoffs; high risk of layoff in mortgage loan servicing sector; senior leadership is not always fair and does not honestly communicate upcoming changes and layoffs in advance. People are not paid what they are worth and annual raises and bonuses are tightly capped.

    Advice to Management

    Be honest & straightforward about upcoming changes and sales of subsidiary companies (such as the Field Service Co. sale), and the impact such actions will have on associates. Offer larger annual bonus and increases to top performers.

  2. Bank Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Teller in Huntington Beach, CA
    Current Employee - Bank Teller in Huntington Beach, CA

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

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

    Pros

    Good pay for starting career job

    Cons

    Long work hours
    Busy days so you're always doing something

There are newer employer reviews for Bank of America

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.