Bank of America

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

 

Great place to work for such a large company

  • 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 full-time (more than 10 years)

Pros

Great benefits, flexible work hours, ample opportunity for learning and the ability to move between departments after one year of service. Most peers are a joy to work with. The current CEO seems to be making progress with improving the company but has his work cut out for him trying to repair the damage done by the former. There seems to be a genuine effort to make the bank a better place to work despite the current economic environment.

Cons

Executive management is detached and separate from the mid-level managers and employees. They are mostly hired from the outside and typically last about 2 years. As a result, we're subjected to constant re-orgs and useless departmental name changes. Real organizational improvement is slow. There are a lot of inefficiencies and bureaucracy due to the many mergers and increased government regulation.

Advice to ManagementAdvice

More effort needs to be directed to automating the infrastructure; there are way too many disparate, yet somewhat redundant processes in place. Software development projects need to be more completely defined and realistically scoped before implementation. The politics of building fiefdoms needs to be replaced with a common corporate team spirit.

Recommends
Neutral Outlook
Approves of CEO

7797 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Good company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in Atlanta, GA
    Former Employee - Assistant Vice President in Atlanta, GA

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

    Pros

    Great benefits, salary and work environment

    Cons

    Some long hours, some potentially excessive levels of management.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    the experience is very useful

    • 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

    they will give more opportunity for you.

    Cons

    The salary is not high.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Bank of America

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