There are newer employer reviews for Bank of America

 

Conditions at work went steadily downhill from the time BAC purchased Countrywide.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President, Operations in Fort Worth, TX
Current Employee - Vice President, Operations in Fort Worth, TX

I have been working at Bank of America full-time (more than 10 years)

Pros

The Bank was very thrifty and cost conscious.

Cons

The thrifty, cost conscious resulted in fewer promotions, smaller salary increases year over year, and regular layoffs.

Advice to ManagementAdvice

Try to move associates around within the firm instead of handing out pink slips and deleting departments or subsidiaries.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

6832 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Welcome to Corporate America

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

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

    Pros

    great benefits, competitive salary, multiple geographies

    Cons

    Management very rigid, and although each individual manager will be different and each division has it's own culture, you need to be a person who doesn't ask questions but just follows instructions to be happy in this environment. As an individual contributor, you don't really have a voice.

    Advice to ManagementAdvice

    Hire managers who have leadership talent rather than managers who just take the company line and add the prescribe talking points.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Rigid Traditional Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technology Analyst in New York, NY
    Former Employee - Technology Analyst in New York, NY

    I worked at Bank of America full-time (less than an year)

    Pros

    Layback. Nice conservative and well-meaningful people.

    Cons

    Like many big corp, its all about reduction. People with innovative views can never work here, because the company is run by an old "thats just the way it is" mentality. Everyone is very rigid.

    Advice to ManagementAdvice

    Push innovation. Promote transparency, but thats never going to happen.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
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