6343 Employee Reviews (View Most Recent)

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Global company mentality

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Customer Support  in  Sandy, OR
Former Employee - Customer Support in Sandy, OR

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

Pros

Good place to work if you like a banking environment. Benefits are good as well as the pay.

Cons

Mass layoffs, managers that don't listen to their employees. Upper management decide lower level employees didn't need good bonuses or stock options anymore.

Advice to ManagementAdvice

Listen to your employees, they're the ones making the company profit. Quit off shoring jobs and retain the best employees.

Recommends
Positive Outlook
Disapproves of CEO

Other Reviews for Bank of America

  1.  

    Management is very shortsighted and there is no loyalty from corporate Bank of America.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage  in  Newark, DE
    Former Employee - Mortgage in Newark, DE

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

    Pros

    The facilities at Newark, DE are very nice. The size of the organization allows alternate career paths and opportunities for promotion. Paid time off is about the same as it is for most large companies.

    Cons

    Bank of America is quick to turn it's back on tenured employees. A person may get promoted several times and take on responsibilities in new areas. When the need for the new department is done the employees are simply laid off. These employees that have been great contributers to the organization and as such a valuable asset are not offered other positions. Loyalty seems to be a one way street. Additionally, working for Bank of America is strictly production centered. At lease at the mid-management level Ethical or not ethical, right or wrong the only thing that matters is hitting a number regardless of how it is achieved. As a result customer confidence in Bank of America continues to be the worst in the industry.

    Advice to ManagementAdvice

    Value your employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Work harder for less

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Credit Analyst  in  Newark, DE
    Former Employee - Senior Credit Analyst in Newark, DE

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

    Pros

    I can not find anything positive to say to recommend someone to work for them.

    Cons

    Promotions are based on who you know and brown-nosing, not by skill or performance.

    Doesn't Recommend
    No opinion of CEO
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