Bank of America Reviews in Charlotte, NC | Glassdoor

Bank of America Charlotte Reviews

Updated January 10, 2018
1,278 reviews

Filter

Filter

Charlotte, NC Area

3.6
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
606 Ratings

1,278 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
More Pros and Cons

  1. "Internship at Bank of America"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Intern - Hourly in Charlotte, NC
    Current Employee - Intern - Hourly in Charlotte, NC

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

    Pros

    Higher pay in private banking sector and consistent start/end time each day. Huge potential for growth after first year.

    Cons

    Typical corporate America position, inflexibility for days off for part-time.


  2. "Senior Financial Analyst"

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

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

    Pros

    Good benefits, predictable, a lot of different ways to get involved through minority groups, and you get to work with a lot of smart people.

    Cons

    A lot of decisions are influenced by politics at a higher level, and in some groups the hours and work load can be very heavy.

    Advice to Management

    Try to move away from politics and promote an atmosphere of information sharing and collaboration between teams. Also, recognition for hard work.

  3. "Challenging, but rewarding."

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

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

    Pros

    Incredibly bright co-workers.
    Challenging work.
    Great benefits past mid-manager/individual contributor level.
    Job security of a Fortune 50 company.

    Cons

    Typical big corporation politics. There is some level of the good ol' boy system, but it's usually more prevalent the higher up the management ladder you go. There's always a bottleneck somewhere in the process to get things done that will affect you in one way or another, but you adapt quickly to the changes in pace.

    Advice to Management

    Continue to push for micro pockets of innovation in GT&O (tech and ops for non-BOA people). Transparency from the top has served employees well so far. Invest in new trends in technology.


  4. "Good employer"

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

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

    Pros

    Finance: Lots of opportunities. Excellent pay.

    Cons

    Work / life not always the best.


  5. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Project Engineer in Charlotte, NC
    Current Contractor - Project Engineer in Charlotte, NC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America as a contractor (More than 10 years)

    Pros

    Great work environment, pay and benefits.

    Cons

    Lengthy promotion and lateral progressive opportunities.

    Advice to Management

    Retain experienced resources.


  6. "Review"

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

    I have been working at Bank of America full-time (More than 3 years)

    Pros

    Exposure to a diverse group of individuals with varying skill sets / areas of expertise, learning opportunities. Good comp, benefits, solid company culture and employee moral. Feel respected and engaged while working

    Cons

    Large organization, sometimes difficult to identify your own "value add" as an individual among many different groups, lines of business, areas of the company both on the revenue and cost side.

    Advice to Management

    Continue to build on the horizontal structure / theme of inclusion that is being fostered at the Bank


  7. "Business Analyst"

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

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

    Pros

    Great benefits. Ability to move around company. In the right group, you are always busy and always learning and are acknowledged and sometimes rewarded when you give extra effort. You can never know it all at Bank of America. There is always something to learn and contribute.

    Cons

    Poor staff management in some departments (not all). I have worked with wonderful managers. However, one bad apple can spoil the entire moral of a team and when this occurs, there is no resolution as human resources protects leadership.

    Advice to Management

    Implement Kolbe method or similar to effectively communicate with staff and understand how your communication style impacts others. Use this method to enhance/improve associate strengths and improve morale.

  8. "Great place to work, if you can handle your executives NEVER telling you anything and expecting unrealistic results"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Charlotte, NC
    Current Employee - Vice President 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

    Salary, benefits, immediate coworkers; all that is great.

    Cons

    Executive management either doesn't listen, is old-fashioned, primarily white male, and does not communicate top-down the strategic goals for your team. As a VP in the organization, there is a ton of bureaucracy, especially in the tech-partner organization and there are no set-in-stone plans for how to do things. It is one giant free-for-all.

    Advice to Management

    Listen to your employees and TALK to your employees. Set standards across the organization and actually follow them. This ad-hoc process does not work and causes a ton of issues.


  9. "Good if you enjoy the banking culture."

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

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

    Pros

    BofA is a good company overall. They tend to support diversity and their salary is competitive.

    Cons

    Still backward in some areas. They had work from home, and then shut it down. This, even though many IT teams work globally and do not sit in the same city or country. They also tend to be very reactive. If a crisis arises in one department in the company, they assume they have the problem everywhere. Lots of time is spent solving problems you don't have.

    Advice to Management

    Value your experienced workers. You tend to cut the top in favor of the bottom. That is why you have so many repetitive issues. Think one or two years down the road, not quarterly. Finally, create career paths and let your skilled labor pick where they want to go. Your employees know best what they love to do. You let them slot themselves in jobs they love and your productivity will skyrocket.


  10. "Sr. Business Analyst"

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

    I have been working at Bank of America as a contractor (More than 3 years)

    Pros

    Nice management and team support

    Cons

    Not applicable for this. I enjoyed working at BOA.

    Advice to Management

    No suggestions for management. Everything was good.


Showing 1,278 of 17,955 reviews
Reset Filters