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2 people found this helpful  

Vice President - Constant Change - Mediocre Opportunities

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President  in  Los Angeles, CA
Current Employee - Vice President in Los Angeles, CA

I have been working at Bank of America full-time for more than 3 years

Pros

Good benefits, 4 weeks of vacation

Cons

Bonuses are a joke

Base pay below average

Heavy on middle management, lack of junior staff to delegate work to

It's nearly impossible to move up a BAND level within your own team. Most be proactive and look around.

Advice to ManagementAdvice

I think they are on track to create value to shareholders. Should offer a better incentive program to employees to motivate us to do better/more. Just trying to 'not get laid off' isn't a great motivator or sustainable long term.

Approves of CEO

Other Reviews for Bank of America

  1. 1 person found this helpful  

    Careers at Bank of America

    • 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 for more than 5 years

    Pros

    Great benefits, love the diversity, always opportunities to learn and grow, big on volunteering, hundreds of locations and positions!

    Cons

    Politics! !!! They will promote those who do not deserve based off a family member or being neighbors.

    Advice to ManagementAdvice

    Spend some time talking to associates one on one in branches.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company, great benefits.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Alpharetta, GA
    Current Employee - Personal Banker in Alpharetta, GA

    I have been working at Bank of America

    Pros

    Great benefits. Honestly, I love the atmosphere. Everyone wants to do what's best for the customers. Bonuses are better now, focused on rewarding top performers.

    Cons

    The base salary is too low. However, it is comparable to other banks.

    Approves of CEO
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