There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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Better than Wachovia

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Software Developer in Charlotte, NC
Current Employee - Senior Software Developer in Charlotte, NC
Recommends
Approves of CEO

Pros

Big company, lots of different experience can be gained.

Cons

Bad ideas too deeply ingrained. Inertia. It is hard to remove "dead wood" employees.

Advice to Management

Be more open to change from the ground level. When organization changes are made, allow enough time for change to happen before shaking things up again.

Other Employee Reviews for Bank of America

  1. Helpful (1)

    Constant change = Constant Chaos

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operational Risk Manager in Charlotte, NC
    Current Employee - Operational Risk Manager in Charlotte, NC
    Approves of CEO

    Pros

    Flexible work environment and full time telecommuting is now a viable option. The paternity / maternity leave is excellent and the associates generally care about each other's well being. At times, it's like being part of a family.

    Cons

    Constant reorganization. It simply never ends and the change is so rapid that gaps in operational risk controls develop quickly. The organization of the technology teams is lacking alignment with business needs and business processes making outside vendor systems more attractive than internal systems and this increases risk and decreases shareholder value. The educational reimbursement has not kept up with the cost of a decent education.

    Advice to Management

    No more than one 2 DOT reorganization every 5 years and one 3 DOT every 2 years. Slow down, associates and process governance can not keep up.


  2. Helpful (1)

    Goos place to work for, depending on the department, but beware of the frequent re-organizations

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in Charlotte, NC
    Current Employee - Senior Software Developer in Charlotte, NC
    Recommends
    Approves of CEO

    Pros

    Depending on the group you work with, you can get a good work-life balance. The benefits package is good, and for the most part the senior management in the bank is very competent

    Cons

    Constant re-organization means that there is a always a shift in focus and priorities. This can be very confusing and in some instances can be demoralizing

    Advice to Management

    Good job keeping the company profitable in a tough economic environment.


There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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