Bank of America

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

 

Business Model for Dinosaurs

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Financial Solutions Advisor in Chandler, AZ
Current Employee - Financial Solutions Advisor in Chandler, AZ

I have been working at Bank of America full-time (more than a year)

Pros

New hires can get licensed.

Cons

As the industry moves to fee-based investment consulting, Merrill Edge still slams clients into front-end loaded mutual Funds.

Advice to ManagementAdvice

Management is thick as thieves and unable and unwilling to look objectively at their business

Doesn't Recommend
Negative Outlook
Disapproves of CEO

7746 Other Employee Reviews for Bank of America (View Most Recent)

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  1. 1 person found this helpful  

    If you like a lot of change in a company....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service and Sales Specialist II
    Current Employee - Customer Service and Sales Specialist II

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

    Pros

    Excellent benefits and pay. I was grandfathered in for pay, but if you're coming in new, the money is NOT worth the pain you endure each and EVERYDAY

    Cons

    EVERYTHING. Entire line of business/site changes in the blink of an eye, hundreds of employees laid off at a time... they're all about work/life balance right? WRONG- schedule changes that don't work with ANYONE'S lifestyle, especially if you have a family. Gone from mortgage, which is not micro-managed, to a CALL CENTER where it's micro-managed for EVERYTHING you do (don't be a minute late to work, from break or lunch). And also be ware that customers are able to verbally abuse you until a manager is available (far and few between).

    Advice to ManagementAdvice

    Most employees can accept and adapt to change. But the way you all change things ABSOLUTELY SUCKS! Scheduling for long-term employees? SUCKS! The way you are rated? SUCKS! Your computer software? SUCKS! Even your buildings SUCK! Something is ALWAYS broken. For all the money you rob your customers of, you SHOULD be able to provide a little more incentive for employees or at least keep your buildings from leaking when it's drizzling outside. You rave about work/life balance, but your scheduling SUCKS especially when you are forced into a crazy schedule without request. But I'm sure none of management would understand with your 6 figure incomes and ability to work from home...

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller in Dallas, TX
    Former Employee - Teller in Dallas, TX

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

    Pros

    Good team work, nice place to get experience

    Cons

    Hard to move up, much politics

    Advice to ManagementAdvice

    Na

    Recommends
    Neutral Outlook
    No opinion of CEO
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