Bank of America Boston Reviews

Updated Apr 22, 2020

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3.7
41%
Recommend to a Friend
88%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
101 Ratings
  1. Helpful (1)

    "Timely"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Executive Assistant in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than a year

    Pros

    Nothing nice to say honestly

    Cons

    Management sucks . They only think about themselves

    Continue reading
    Bank of America2020-02-26
  2. "Good, could be potentially great"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banker in Boston, MA
    Approves of CEO

    I worked at Bank of America full-time for more than 3 years

    Pros

    Very good upper level management Conservative company that wants to help Excellent benefits

    Cons

    Poor entry level and mid-management Overbearing and micromanaging the wrong things

    Bank of America2020-04-22
  3. "Good culture but stressful"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time for less than a year

    Pros

    Good staff, good benefits and work-life balance

    Cons

    Too stressful for sales people

    Bank of America2020-04-16
  4. "Great Benefits"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Quantitative Analyst in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bank of America full-time for less than a year

    Pros

    Great Benefits Great Benefits Great Benefits

    Cons

    Overtime but I am a NEET

    Continue reading
    Bank of America2020-03-02
  5. Helpful (2)

    "Just Average"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Service Analyst in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 8 years

    Pros

    Good Benefits including 401k, parental leave, sick time etc.

    Cons

    Low salary, tough to find a good manager, seems like the longer you work there the smaller the raise, expected to be available 24/7.

    Bank of America2019-11-23
  6. "No growth potential from Contract to Perm"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Meeting Planner in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America for more than 3 years

    Pros

    Good work life balance, not too many late night hours

    Cons

    Very matrix organization, difficult to move ahead.

    Bank of America2019-12-19
  7. "A necessary improvement needed"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Bank Teller in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of America full-time for more than 3 years

    Pros

    The people i work with.

    Cons

    Pay is bad. It needs to be improved

    Continue reading
    Bank of America2019-11-18
  8. Helpful (1)

    "Techincal Product Manager"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than 3 years

    Pros

    Nice People, large budgets, nice office space

    Cons

    Too corporate, slow moving, huge company behavior

    Bank of America2019-10-29
  9. "Excellent Start - Very Niche"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Document Administrator in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than a year

    Pros

    This role is a great start to get your feet in door at the bank. If you’re looking to move a client facing role, don’t stay too long as you can begin to get pigeon holed.

    Cons

    Very niche department. A lot of work which at times can be thankless.

    Bank of America2019-09-26
  10. Helpful (5)

    "FSA review"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Solutions Advisor in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America full-time for more than a year

    Pros

    Short hours, decent salary,

    Cons

    Sales pressure, not an advisor (they cant call it a financial advisor because you dont do very much advising) This job looks good on paper but I’m reality it’s not completely defined. You’re a licensed banker. If you’re in a good location , you can perform well mostly by opening bank savings accounts or MESD money market. If you care about clients and their financial success then this isn’t the job for you. You morality will be tested every day. Micromanaged by someone who only repeats what the higher ups tell him. Compete with bankers for business even though “shadow credit” exists but has many faults so bankers will always be reluctant to refer bank products. Overall, it’s not too hard to do the right thing and Bank of America does not align with that philosophy. The company culture is set up for the bankers and Financial Solutions “Advisors” to harass clients and try to sell them credit cards, other lines of credit and potentially an investment account, of which they can call the call center if they have any questions (the FSA must be focused on selling). Hopefully someone in upper management at Bank of America sees how they do things and speaks up. It’s a very tough place to work and I wouldn’t suggest working for that company more than a year.

    Continue reading
    Bank of America2019-10-23
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