Bank of America Reviews in Charlotte, NC | Glassdoor

Bank of America Charlotte Reviews

Updated June 20, 2017
1,208 reviews

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Charlotte, NC Area

3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
565 Ratings

1,208 Employee Reviews

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More Pros and Cons

  1. "Great culture and endless opportunities."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Delivery Manager in Charlotte, NC
    Current Employee - Service Delivery Manager in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great benefits
    High base salary without the stress of Consulting and Investment Banking
    Diversity Friendly company. No really, BofA actually does
    Relax working environment
    Occasionally able to work from home. Some groups work from home every Friday

    Cons

    Constantly restructuring
    The company did not pay for my relocation but did give a signing bonus
    They do lay off people and will probably continue too as we automate more
    Some groups can be "cut-throat" So, you have to be a good self-promoter.
    Networking and politics is a big part of the game here. If you play, you'll be fine. If not, you'll be left behind.

    Advice to Management

    I've had great managers so far, but there's little leadership at the bank. Lots of managers, few leaders. Learn and know your employees and challenge them.


  2. "SVP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Charlotte, NC
    Former Employee - Senior Vice President in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits, including 5 weeks vacation, 10 paid holidays, 401K, health insurance, life insurance and many free HR services. Ability to move and change careers within the company and internal candidates are often preferred. Internal training available. Mentors available.

    Cons

    Difficult to get into the bank unless you are an entry level associate. You need to know someone to get your foot in the door in most lines of business. You have the ability to work yourself out of a work life balance. You must set your boundaries or you can get sucked into a bad balance.


  3. "Good company - it is what you make it."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - Senior Business Control Specialist in Charlotte, NC
    Former Employee - Vice President - Senior Business Control Specialist in Charlotte, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The salary was quite decent and I know there is an effort to try and engage employees more and change the morale, but this is like any other large corporate with hundreds of thousands of employees. It's impersonal, but it depends primarily on your immediate team and manager. It is what you make it.

    Cons

    It's impersonal... you're a number. Management talks a great talk, but the follow through is not there.

    Advice to Management

    Be more flexible to allow people to work from home like we use to be able to. Morale would skyrocket.


  4. Helpful (1)

    "BOA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Locations nationwide that allows you to transfer when needed.

    Cons

    Hard to get pay increases if you are promoted within the company.


  5. "Officer, Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great Benefits and 401k matching; excellent Vacation allotment. Flexibility.

    Cons

    Similar to any large corporation; sometimes you feel like a number but the perks outweigh the cons.

    Advice to Management

    Don't get lost in the weeds; some do.


  6. "Senior Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Flexibility - Work/Life Balance; Benefits - including leaves of absence

    Cons

    Salary, Ease of moving up

    Advice to Management

    more competitive salary


  7. "Mortgage Account Representative"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC

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

    Pros

    In my experience, the benefits were top of the line and very affordable.

    Cons

    Very little training offered for new positions.


  8. "Contractor View IT& Risk Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Reporting Analyst in Charlotte, NC
    Current Contractor - Reporting Analyst in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Relationships and coordination on team level
    - Improving agile work flows
    - Good use of onshore/offshore resource model.

    Cons

    - for a contractor understanding of project drivers and business communication is limited.

    Advice to Management

    - none at this time


  9. "Hadoop contractor"

    Star Star Star Star Star
    Current Contractor - Certifiied Hadoop Professional in Charlotte, NC
    Current Contractor - Certifiied Hadoop Professional in Charlotte, NC

    I have been working at Bank of America as a contractor

    Pros

    competitive in market and good pay. Latest Hadoop eco system tools in use

    Cons

    GIS policiies and 18 months rule for contracting


  10. "Global Technology & Operations Summer Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern in Charlotte, NC
    Current Intern - Intern in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bank of America as an intern (Less than a year)

    Pros

    They were able to pair me very well with a role and area of business that I was interested in. I can see how my previous experiences could fit in with the division but there is still enough room for professional growth... theoretically. The reality is that I am extremely overqualified for the actual work that I'm doing but it will at least sound good on a resume.

    Cons

    While the interview was impressive (they flew me across the country for a 2 day interview) the actual program doesn't have the same experience. Despite interviewing in November we didn't get location or job information until 30 days before our start date in the summer. It took so long I had people asking me if I was sure I actually still had the job and HR kept pushing the dates later and later. I thought since it took so long to get the job information we would at least have extremely relevant work to do but that didn't happen either. No formal project is outlined and I have had no expectations or metrics to meet. Basically its taking the super redundant work that my manager doesn't have time for and doesn't take long to tell me how to do it.

    Advice to Management

    If you are going to advertise an intern program and have the high expenses of flying people to interviews at least give us work to do. You have a lot of overqualified and overeager interns who are well paid but not providing any real value. We're applying because we really want to work but I'm not even sure if there is an opportunity to get hired full time after this. Basically, the ego of the finance industry and interview process is a mask to a very lack luster "program".


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