Bank of America Business Manager Reviews | Glassdoor

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Bank of America Business Manager Reviews

Updated February 12, 2018
64 reviews

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Business Manager

3.4
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Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
27 Ratings

Employee Reviews

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Pros
Cons
  • Sometimes it can be difficult work/life balance (in 479 reviews)

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

More Pros and Cons

  1. "Sr. Small Business Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Small Business Relationship Manager
    Current Employee - Senior Small Business Relationship Manager
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great benefits which retains employees

    Cons

    Uptight workplace, lack of teamwork in many cases. Management should be more involved.


  2. "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.

  3. "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


  4. "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.


  5. "Great work life balance"

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

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

    Pros

    Great work life balance. Most managers allow for a regular work week, with limited requirements for extra hours. Benefits are top notch. Challenges are available if you seek them out.

    Cons

    Direct pay/bonus not as good compared to the past. Limited pay raises that don't keep up with inflation. Difficult to increase responsibility or get a promotion.

    Advice to Management

    Allow for more stretch development by letting people fail forward. Focus on retaining good associates with a bit higher pay/bonus structure; a little goes a long way. Allow for periodic telecommuting when feasible.


  6. Helpful (2)

    "Dysfunction and aggressive sales tactics will the Wells Fargo findings look like fluff"

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

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

    Pros

    It paid a decent salary for what the actual job requirements were. It has nice colors and parking for employees

    Cons

    Horrible management structure, incompetent lending department, and just the most unprofessional organization I've seen. I can't imagine working with less respectable people who cared nothing for clients and all for their own pay.


  7. "High Goals. Great commission structure. Must be hungry"

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

    Pros

    Great benefits package
    great commission plan

    Cons

    consistently raising goals
    promotions always change

  8. "Ehhh"

    StarStarStarStarStar
    Current Employee - Small Business Relationship Manager in Miramar, FL
    Current Employee - Small Business Relationship Manager in Miramar, FL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Hi I hope you had a great day today and I hope you had a great day today and I hope

    Cons

    I hope you had a great day today and I hope you had a great day today and I hope you had a great day today


  9. "Officer; Sr. Small Business Relationship Manager"

    StarStarStarStarStar
    Current Employee - Officer; Senior Small Business Relationship Manager in Los Angeles, CA
    Current Employee - Officer; Senior Small Business Relationship Manager in Los Angeles, CA

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

    Pros

    Great company, lots of opportunities

    Cons

    Telephone customer service takes very long time to answer their phone.


  10. "Business Intelligence Manager"

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

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

    Pros

    Technology leader many opportunities are available

    Cons

    Overstaffed and redundant across many departments and functions. Massive political infighting

    Advice to Management

    Break middle management blocks of SVPs and flatten the organization. Deep layered functions have management that looks busy, but just build upon inefficiences and protect their fiefdoms. Many of the functions are duplicated and irrelevant