Compare Bank of America vs Merrill Lynch

See how working at Bank of America vs. Merrill Lynch compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Bank of America vs. Merrill Lynch. Learn more about each company and apply to jobs near you.
Bank of America company icon

Bank of America

Banking & Lending

Bank of America

Banking & Lending
Merrill Lynch company icon

Merrill Lynch

Investment & Asset Management

Merrill Lynch

Investment & Asset Management

Salaries

Vice President
1183 Salaries
$135,864 / yr total
1183 Salaries
Analyst
671 Salaries
$83,549 / yr total
671 Salaries
Associate
470 Salaries
$161,745 / yr total
470 Salaries
Vice President
241 Salaries
$139,410 / yr total
241 Salaries
Analyst
97 Salaries
$90,315 / yr total
97 Salaries
Associate
124 Salaries
$78,543 / yr total
124 Salaries

Employee Ratings

Bank of America scored higher in 10 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook.
Overall rating
4.0
Based on 33376 reviews
4.0
Based on 33376 reviews
4.0
Culture & Values
Higher rating
4.0
Higher
Culture & Values
4.2
Diversity & Inclusion
Higher rating
4.2
Higher
Diversity & Inclusion
3.7
Work-life balance
Higher rating
3.7
Higher
Work-life balance
3.6
Senior Management
Higher rating
3.6
Higher
Senior Management
4.0
Compensation & Benefits
Higher rating
4.0
Higher
Compensation & Benefits
3.9
Career Opportunities
Higher rating
3.9
Higher
Career Opportunities
Employee sentiment
Bank of America Ceo Brian T. Moynihan
89%CEO Approval
Brian T. Moynihan
Bank of America Ceo Brian T. Moynihan
89%CEO Approval
Brian T. Moynihan
79%
79%Recommend to a friend
Bank of America employees rated their Recommend to a friend 11% higher than Merrill Lynch employees rated theirs.
79%
79%Recommend to a friend
74%
74%Positive Business Outlook
Bank of America employees rated their Positive Business Outlook 12% higher than Merrill Lynch employees rated theirs.
74%
74%Positive Business Outlook
Overall rating
3.8
Based on 4659 reviews
3.8
Based on 4659 reviews
3.6
Culture & Values
3.6
Culture & Values
3.9
Diversity & Inclusion
3.9
Diversity & Inclusion
3.6
Work-life balance
3.6
Work-life balance
3.4
Senior Management
3.4
Senior Management
3.8
Compensation & Benefits
3.8
Compensation & Benefits
3.7
Career Opportunities
3.7
Career Opportunities
Employee sentiment
Merrill Lynch Ceo Brian T. Moynihan
84%CEO Approval
Brian T. Moynihan
Merrill Lynch Ceo Brian T. Moynihan
84%CEO Approval
Brian T. Moynihan
68%
68%Recommend to a friend
68%
68%Recommend to a friend
62%
62%Positive Business Outlook
62%
62%Positive Business Outlook

What Employees Say

"Great benefits" was the most mentioned Pro at Bank of America. "Work life balance" was the most mentioned Pro at Merrill Lynch. Bank of America had 468 more reviews than Merrill Lynch that mentioned "Long hours" as a Con.
Trending keywords
Trending keywords
Pros
"Great benefits"in 3130 reviews
"Work from home"in 507 reviews
Cons
"Long hours"in 605 reviews
"Upper management"in 553 reviews
Trending keywords
Pros
"Work life balance"in 187 reviews
"Learned a lot"in 103 reviews
Cons
"Work life balance"in 92 reviews
"Long hours"in 137 reviews
Featured Review
Featured Review
5.0
Nov 25, 2022

Former Employee - Intern

Pros

It's a good opportunity here.

Cons

I don't have any cons.

Featured Review
5.0
Aug 30, 2022

Current Employee - Home Loans Specialist

Pros

Pay and benefits are the pros

Cons

Nothing as the cons are

Job Openings

Bank of America has 4,613 more recently posted open jobs than Merrill Lynch.

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