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Bank of America Associate Reviews

Updated February 17, 2018
359 reviews

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Associate

3.7
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Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
158 Ratings

Employee Reviews

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Pros
Cons
  • Sometimes it can be difficult work/life balance (in 477 reviews)

  • terrible upper management leads to many people leaving the company (in 413 reviews)

More Pros and Cons

  1. "A bit political, but in general a very robust business"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Large platform with lots of internal opportunities. You can move to other functions or platforms without going through full recruiting process

    Cons

    You can see political plays a lot, and supporting function is not always great. Pay is at industry average, but I have heard people getting laid off before


  2. "Global Banking and Markets is a fast paced environment with excellent opportunities to grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Leveraged Finance Associate in Charlotte, NC
    Current Employee - Leveraged Finance Associate in Charlotte, NC
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Global Banking and Markets is a fast paced environment with excellent opportunities to grow. The company is a rewarding place to work

    Cons

    GBAM is a fast paced environment with excellent opportunities to grow. The company is a rewarding place to work. There can be long hours at times.

  3. "Very good job for someone in college or fresh out of school"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - CSA - Customer Service Associate
    Current Employee - CSA - Customer Service Associate
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    You can work your way up in the company with the right mentors.
    The health insurance is good.
    Starting wage in NY metropolitan area is $15/hr.
    No uniform, just have to dress appropriately.

    Cons

    Breaks are too short (30 minutes) and may be interrupted to help with customers.
    On your feet all the time.
    Customers will drive you insane if you don't have the strength.
    Since I am part time, I am the last one to choose my vacation days, I never get Saturdays off even if I request it.


  4. "BAC is a company with fantastic people and great management."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Strategy Associate
    Current Employee - Wealth Strategy Associate
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work/life balance.
    Teams are made up of great people and management is very flexible in helping their employees with their career goals.
    Great benefits and good employee match for 401K.

    Cons

    Underpaid relative to our competitors.

    Advice to Management

    Re-institute bonus structure for entry level positions.


  5. "Pro's& Cons"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Jacksonville, FL
    Former Employee - Associate in Jacksonville, FL
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    It's a good company with a wealth of benefits if you're hired on permanently. The insurance pretty decent, better than some others I've heard of, so that's a plus. Becoming in sync with teams can vary due to different cultures between mgmt styles and lines of business

    Cons

    High stress and performance expectations can be overwhelming if you are not accustomed to a metric environment. Be prepared or already have some experience in this type of role in order to thrive.

    Advice to Management

    Listen to your teams. Find a medium between upper mgmt and your employees. If they aren't performing well, it that can't perform well, you


  6. "One thing for certain: you are definitely responsible for your career at Bank of America."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - FHA Claims Associate in Chandler, AZ
    Former Employee - FHA Claims Associate in Chandler, AZ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Bank of America is a great company to work for, and it is entirely possible to move up as they really do like to promote from within.

    Cons

    Sometimes you can be micro managed, depending on your supervisor. This can lead to lower morale and to the feeling that you are not trusted.


  7. "Account Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Pay is good
    Room to grow

    Cons

    Required to work long hours, I'm not fond of the corporate atmosphere
    Talking a day off is frowned upon

    Advice to Management

    Don't stress out your direct reports because your boss stresses you

  8. "Horrible work environment."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Associate in Cranberry, PA
    Former Employee - Client Service Associate in Cranberry, PA
    Doesn't Recommend
    Neutral Outlook

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Coworkers are always available to lend a helping hand or there for a shoulder to lean on. Some of the advisors do have respect, which is rare in this industry.

    Cons

    Training is poor. Management pushes bank products so they receive bonuses regardless if clients qualify for the products. There is a lot of favoritism among management and some employees.


  9. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Vice President in Chicago, IL
    Former Employee - Associate Vice President in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    good management, diversity, career advancement

    Cons

    compensation plan changed more than once within a year, have a clear understanding of your territory.


  10. "Associate VP - IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Vice President - IT Mainframe in Pennington, NJ
    Former Employee - Associate Vice President - IT Mainframe in Pennington, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent environment. Top notch technology.

    Cons

    Did'n find any significant Cons