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

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Dissatified

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
Former Employee - Anonymous Employee in Westlake Village, Los Angeles, CA

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

Doesn't Recommend
Approves of CEO
Doesn't Recommend
Approves of CEO

Pros

Flexible work hours and nice facilty

Cons

In Calif., to many ex-Countrywide staff hiring their buddies and family into Bank of America. Real bankers with experience don't have a chance in certain line-of-business due to this practice by ex-Countrywide employees. It's not what-you-know, but rather who-you-know and if you're a relative needing employment despite your career background. Very few Team Leads know their line-of-business that they are leading.

Advice to Management

BOA really needs to take a look what's going on in their West Coast loan processing centers and the knowledge of ex-Countrywide employees and their true colors to BOA.

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  1. Helpful (1)

    Leaders Need Vision

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Project Manager in Charlotte, NC
    Current Employee - Senior Project Manager in Charlotte, NC

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

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

    Pros

    Lots of challenging projects and focus on helping customers stay in their homes. Matrix organization facilitates expanding your network and seeing more of the big picture.

    Cons

    Healthcare benefits have been contrived to appear that it lowers costs, when it actually causes people to reduce trips to the doctor. Our family has put our health at risk by skipping Dr. visits that we should not have, due to the high personal cost.

    Advice to Management

    The existing trend of monthly layoffs without transparency is overtly negative. In addition to regular destruction of what has been built by extreme exertion and heroics of the workforce, it fills people with uncertainty. It promotes passive aggressiveness. The most important thing to a company is to know what their employees and customers think. How they feel. If employees are fearful of speaking their mind, the company will become more ignorant every day.


  2. Helpful (1)

    Micro Managed constantly and upper management always being rotated

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

    I worked at Bank of America full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good benefits and they did good volunteer work.

    Cons

    Glorified sales position. They preach "work, life, balance" but only care about your sales and constantly are harping on you to "keep your numbers up". I constantly wrote action plans and was on conference calls that were a waste of time and nothing more than "pep rallys".I also worked many Saturdays after being promised that i would only have to do "one or two a month". Also, I went through 5 managers in the 16 months that I was there. Probably because no one wanted to manage the market I was in since the goals were far too unrealistic.


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

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