Bank of America

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

 

Bank of America promotes growth, while providing challenges

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

I worked at Bank of America full-time

Pros

Bank of America does a lot of promotion from within and there are many lines of business for individuals to pursue. If one works hard and builds the right relationships, opportunities will present themselves. The benefit structure is also ideal with tuition reimbursement, child care assistance, flexible vacation time, health insurance, etc.

Cons

Bank of America does not prepare associates well for the next role. From a training perspective, all that's provided is a few virtual calls and desktop training. Otherwise, the new employee has to learn on the job. Also, salaries are not very competitive. As a manager, you are expected to work extremely hard with minimal recognition for going above and beyond. It is also challenging as the bank does not support retail banking centers with optimal staffing which can make it difficult to provide ideal service, sales, and operational results. Moreover, expectations are high with little assistance.

Advice to ManagementAdvice

The banking center has to be the focal point of the company if Bank of America desires to be #1 in customer service across all financial institutions. The clients are the most important part of our business and the associates have to be provided the appropriate assistance to handle the business. Also, Bank of America must do a better job of training its new to role employees. Each new teammate should have a peer mentor that he or she can shadow to make him proficient. In so doing, the experience associate can use this as an opportunity for development towards leadership roles. Moreover, the compensation structure should be more favorable and associates should be more highly appreciated.

Doesn't Recommend
Positive Outlook
Approves of CEO

7497 Other Employee Reviews for Bank of America (View Most Recent)

Sort: Rating Date
  1.  

    I learned alot of information at Bank of Amerca.

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

    I worked at Bank of America full-time

    Pros

    The benefits are very good at Bank of America, i would recommend

    Cons

    depending on departments, no room for growth

    Advice to ManagementAdvice

    Make sure you appreciate your employees because with them and their hard work you wouldn't have a job.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Good company to work for, poor values/public image.

    • 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

    Pros

    Pay is above average; promote from within; great benefits. Has a good volunteer network, contributes to communities. If you're looking for a stable job with not a lot of frills, it's great.

    Cons

    The infrastructure of the company is broken, the internal problems are never ending. The environment is mostly fair but somewhat repressive. The company is huge and when you work there you know it. You will be just another number.

    Advice to ManagementAdvice

    The "core values" in theory are great: Trust in Our Team, Embrace the Power of Our People. They would work better if implemented

    Recommends
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Bank of America

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.