Bank of America

  www.bankofamerica.com
  www.bankofamerica.com
There are newer employer reviews for Bank of America

 

Good place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Banking Center Assistant Manager in Riverside, CA
Former Employee - Banking Center Assistant Manager in Riverside, CA

I worked at Bank of America full-time

Pros

If you work really hard you get rewarded

Cons

A lot of favoritism within the company, you have to know the right people to get promoted.

Advice to ManagementAdvice

Bank of America has lost the sense of valuing their associates, the programs are there but people do not use it properly. Valuing an associate is more than just posting a story of what an associate did to please a customer or exceed sales goals.

Recommends
Negative Outlook
No opinion of CEO

7157 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    A start in the finance industry.....

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

    I have been working at Bank of America full-time (more than an year)

    Pros

    Good company, strong future. If you perform well you have strong job security. Good benefits. Get your experience in the role for a year then move on. If they won't promote you then actively seek a new postion.

    Cons

    You are measured on everything. The postion is a sales based role so you need to pull in production to continue make your numbers. If there is a slow traffic day thats no excuse for low sales. There will be reports that will show you that 400 customers visited a banking center in a day and X have no credit card and Y have a competitor mortgage and you get the back lash as you didnt sell them a product. Even if you never spoke to them! Doesn't matter if they have poor credit or a better interest rate the report will always win. Almost every customer comes in and needs a transaction taken care of within minutes. Good potential sales don't wait. The low income person with poor spending habits will wait an hour to see you to shout at you for them going into their overdraft. This is your typical customer.

    Advice to ManagementAdvice

    The new goals are ridculous. They were difficult enough last year now you expect us to get every customer fully loaded even though 95% of customers don't have enough finances. It seems that your really looking for a new way to avoid paying us a bonus. Reports should only be considered as a guideline as they don't acknowledge demographic analysis.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    Adapting to change and overcoming economic adverse times.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Banking Center Manager
    Former Employee - Banking Center Manager

    I worked at Bank of America full-time (more than 3 years)

    Pros

    Strong Foot print in the state of New Jersey, above average benefits including 401(k) bi-weekly match

    Cons

    Downsizing, changing of processes and culture clash. Upper management changes way too frequent

    Advice to ManagementAdvice

    With all the changes to upper management and company changes managers felt lost and less support.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
There are newer employer reviews for Bank of America

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