There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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Totally different place post-Merrill Lynch

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

I worked at Bank of America full-time (More than 10 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

Money ok, that's about it..

Cons

If you're not in NY you're not important. While the rest of the world is moving towards flexible work/locations - the new Bank of America Merrill Lynch is undoing all the remote/flexible work programs. Management is out of touch with modern workplace practices/culture.

Advice to Management

Remember the global diversity and value of (what was) the Bank of America 'brand'. Remember that your greatest asset is your staff.

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  1. Love This Company!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Banking Center Manager in Wichita, KS
    Current Employee - Assistant Banking Center Manager in Wichita, KS

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fantastic Opportunities, above average pay in the industry and wonderful benefits.

    Cons

    Promotion process should be easier for internal candidates vs. someone applying from outside the company.


  2. Helpful (2)

    The bank is looking for any way to cut employee costs in order to improve shareholder value.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Collector in Belfast, ME
    Former Employee - Senior Collector in Belfast, ME

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    When I began, compensation was fair and the schedule was flexible in order to accommodate my school schedule. As time passed, schedule flexibility ended and bonus compensation for exceeding goals continually decreased.

    Cons

    Sitting for 8-10 hours at a stretch with little opportunity to move is hard on the body. Lots of people with health issues. Company is not pro-employee. Maine also closed branches and laid off different departments after stating this would not happen.

    Advice to Management

    Invest more in employees in the U.S. Have a more health-friendly environment.


There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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