There are newer employer reviews for Bank of America

 

Great ideals -- but not always lived up to

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

I worked at Bank of America as a contractor for more than 3 years

Pros

Worked with many talented people. Great company values.

Cons

Not ideal for contractors. They pay below market rates for contract work because there are so many people looking. Poor planning will sometimes cancel projects and dump contractors at a moment's notice. During the banking crisis, when they were busy giving cushy bonuses to Merrill employees, they actually lowered the rates for all the contractors in my unit in the middle of their contracts.

Advice to ManagementAdvice

Live up to your values. Don't hire contractors and lower their rates in the middle of contracts. Abandon the silly 18 month limit to carrying contractors.

Recommends
Negative Outlook
Approves of CEO

6593 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Stressful environment, but I was able to increase my knowledge of banking and mortgage.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Relationship Manager Ll  in  Richardson, TX
    Former Employee - Customer Relationship Manager Ll in Richardson, TX

    I worked at Bank of America full-time for more than 5 years

    Pros

    Good benefits, descent pay, and tuition assistance.

    Cons

    Management that is not knowable and able to assist you. No clear direction and poor communication.

    Advice to ManagementAdvice

    A happy employee is a productive employee. Take the time to listen to your employees.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Fair

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Paralegal  in  Simi Valley, CA
    Former Employee - Paralegal in Simi Valley, CA

    I worked at Bank of America full-time for more than a year

    Pros

    Many locations and service was fair

    Cons

    Checking rates do not compare with Wells Fargo

    Advice to ManagementAdvice

    None

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Bank of America

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