There are newer employer reviews for Bank of America

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)

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 ManagementAdvice

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.

Doesn't Recommend
Negative Outlook
No opinion of CEO
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  1. 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)

    Pros

    Good pay for starting career job

    Cons

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

    Recommends
    Positive Outlook
    No opinion of CEO
  2. I am neutral regarding this company

    • 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

    I am neutral regarding this company

    Cons

    the company has no transparancy

There are newer employer reviews for Bank of America

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