Bank of America Business Manager Reviews | Glassdoor

Bank of America Business Manager Reviews

Updated November 3, 2018
71 reviews

Filter

Filter

Business Manager

3.7
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
30 Ratings

Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • "Work/Life balance can be overwhelming" (in 515 reviews)

  • "Lack of communication in upper management" (in 448 reviews)

More Pros and Cons

  1. "Best company I've worked for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Support Manager in Charlotte, NC
    Current Employee - Business Support Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The company really invests in its employees, and provides opportunities for advancement. Salaries are competitive and benefits are great. There's not much I would change and plan to stay there for a long time.

    Cons

    There are no down sides


  2. "12 years of experience with the firm. Begun as a credit underwriter and now a relationship manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Banking Relationship Manager in Chicago, IL
    Current Employee - Business Banking Relationship Manager in Chicago, IL
    Positive Outlook
    No opinion of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Good treasury services and card

    Cons

    No cons at this time

    Advice to Management

    No advice at this time

  3. "Business Support Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Support Manager in Charlotte, NC
    Former Employee - Business Support Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 10 years)

    Pros

    Diversity, talent development, promote from within, performance-based driven.

    Cons

    Some departments are better than others due to leadership. If you can land in a role that’s on the broker/dealer side. Do it.

    Advice to Management

    I’ve no complaints. If I had to pick something I’d say continue to develop and choose great senior leaders as they are the pulse of every organization and they set the culture and tone.


  4. "Bank of America is not a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Control Manager in Wilmington, DE
    Current Employee - Business Control Manager in Wilmington, DE
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    There is some job flexibility when working for Bank of America. Bank of America encourages and promotes a diverse work force.

    Cons

    Bank of America does not give good merit raises each year. Expect to get low raises as Bank of America is very cost conscious. Bank of America Human Resources is not pro-employee. If an associate has a concern HR will always concur with the business. Bank of America benefits are not very good and the benefits a considerably worse for managers than hourly associates or associates making under 100k per year.


  5. "Business Support Manager"

    StarStarStarStarStar
    Former Employee - Business Support Manager in Los Angeles, CA
    Former Employee - Business Support Manager in Los Angeles, CA

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

    Pros

    Good Benefits, vacation, exposure to all aspects of the business

    Cons

    Middle management can be difficult to deal with


  6. "Good Role"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Governance Manager in Pennington, NJ
    Current Employee - Business Governance Manager in Pennington, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Dynamic, energetic group that strives to achieve success and results for all clients and peers. A really fun group too!

    Cons

    Long commute. Sometimes the work-life balance suffers as a result of the hours. Not easy to reach, a bit off the beaten path.


  7. "Potential to grow with great benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Support Manager
    Former Employee - Business Support Manager
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Bank of America full-time (More than 10 years)

    Pros

    Great benefits and pay is aligned with workload and success. Flexible working options available for some. Potential to grow in the company (worked here for 13 years moved up to a VP designation).

    Cons

    Constant reorganization means you will most likely not be working in the position or with the manager you originally applied. I was transferred to a different manager 22 times in less than 24 months. This means you have to "tell your story" over and over to get the assignments or recognition/bonus/incentive etc you deserve. Unfortunately for me this meant that at any given time my new manager could let me go because my role did not fit within this "new way /business model" without taking into consideration the years I put into the company and that I wanted a different role.

    Advice to Management

    Actually listen to the voice of the employee not just say you will. Consider what your reorganizations mean to those employees who put the years in and worked hard for their position.

  8. "Focus is not consistent throughout company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Control Manager in Plano, TX
    Current Employee - Business Control Manager in Plano, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Global Company with great vision for corporate growth.

    Cons

    Gets too caught up in being number one to remember associates

    Advice to Management

    When you limit your associates and their abilities you will limit your growth. I can't get more than a meets rating due to your limitations on statistics. This focus creates a system which limits my growth to other areas because managers can't rate you based on your ability.


  9. "Experience depends on your line of business"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Support Manager
    Current Employee - Business Support Manager
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Geographical opportunities, benefits, reputation as a financial institution

    Cons

    Pay, diversity and inclusion. Process efficiency

    Advice to Management

    Eliminate roadblocks for people to succeed


  10. "Market Business Support Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Market Business Support Manager in Tampa, FL
    Former Employee - Market Business Support Manager in Tampa, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bank of America full-time (More than 10 years)

    Pros

    Large. Many jobs to choose from and geographically diverse.

    Cons

    Poor leadership and management. Intense focus on the wrong things. Cut throat culture and environment. Treats associates at the low end of the hierarchy very poorly.

    Advice to Management

    Weed out the incompetent managers. Treat people like people; not just some but all of them.