Bank of America Reviews in Dallas, TX | Glassdoor

Bank of America Dallas Reviews

Updated December 15, 2018
374 reviews

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Dallas, TX

3.3
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
180 Ratings

374 Employee Reviews

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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. "Machine Operator III"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Machine Operator III in Dallas, TX
    Former Employee - Machine Operator III in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Great team, everyone was cool! Pay was great!!! Managers really cared about their employee, we had ice breakers and it was really fun!!!

    Cons

    Couldn’t get a higher promotion because I was already maxed out, haven’t gotten a raised in couple of years. But it’s all good, worked overtime in other departments that was my pay raise!!! It’s awesome that you’re able to work in a different department if they offer overtime.

    Advice to Management

    Should bring back cash bonuses!!!


  2. Helpful (4)

    "Bank of America"

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

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

    Pros

    Tremendous emphasis on the employee - bi-annual surveys are anonymous (and in one major division, the surveys are annual) - they want to know what employees think and need. Commitment to diversity and inclusion. Affinity groups enable employees to connect with others who have similar interests.

    Cons

    Due to a reorganization, my position was eliminated - lay-off was surprisingly abrupt - in a 2-minute phone call from my manager, my 10+ year career ended, immediately. However, severance package was generous. Company appears to be stepping back from its "remote work" program.

    Advice to Management

    When reorganizations occur, show more respect for tenured employees, and make greater effort to identify other career opportunities for them within the company.

  3. "Sr. Business and IT Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Dallas, TX
    Former Contractor - Anonymous Contractor in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America as a contractor (Less than a year)

    Pros

    Many mature systems, processes, procedures. Diverse workforce.

    Cons

    As with anywhere, the direct manager makes all the difference. Generally contractors are treated poorly - not included in culture; treated as disposable; under-optimized by being held back and not included in technology training.

    Advice to Management

    Strive to increase FTE workers rather than using contractors and treating them as disposable. Stop waisting stockholder's money on social/public/political movements. BOA is a BANK, not a social commentator. The customers end up paying for Executives' political leanings.


  4. "Great Forward thinking Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Design Consultant in Dallas, TX
    Current Employee - Process Design Consultant in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    They really care about the employee and your career.
    Health insurance is great
    Hybrid or Electric Car Fund is fantastic
    Overall the people are wonderful and really care about the customer

    Cons

    Bureaucracy can be a bit daunting
    Risk Practices make it hard to get things done because of all the red tape.

    Advice to Management

    Continue to simplify processes and flatten out the organization for a smoother working environment.
    Reinstate the work from home program


  5. "Business Operations Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Dallas, TX
    Former Employee - Business Analyst in Dallas, TX

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

    Pros

    Opportunies are available in various departments

    Cons

    Rapid layoffs across the United States

    Advice to Management

    Must incorporate companies core values with daily practices


  6. "desktop tech"

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

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

    Pros

    Work/life balance majority of management will listen and work to see you grow.

    Cons

    Big company and you are just a number


  7. "Relationship Manager"

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

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

    Pros

    Great company culture. Most employees are obviously happy to be here. Vacation and benefits are decent. Some flexibility with scheduling. My performance reviews were always positive. Also I received some decent training the 1st 3 months of employment. Job is kind of cushy and I don't ever feel over worked or too stressed. Fitness center on site for only $10/ month

    Cons

    Pay is low for the industry. no bonuses and raises are low to non-existent (1%). Working remotely is denied by upper management. Overtime often denied or frowned upon by management. Lots of "restructuring" all the time which results in layoffs and employees being shuffled around often. Bank of America does not care about individual employees at all. You truly are just a number here

    Advice to Management

    Pay better wages to retain talent. Listen to employee concerns. Allow more work life balance, schedule flexibility and working remotely. Needs better communication

  8. "Great company to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people and great benefits.

    Cons

    I wish I still worked for BOA


  9. Helpful (2)

    "Great advancement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Analyst in Dallas, TX
    Former Employee - Operations Analyst in Dallas, TX
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    You are able to advance throughout the company quickly.

    Cons

    No matter the education or past experience, they are not willing to pay a decent salary. I worked there 10 years without a good salary advancement. I left the company to find there were companies willing to pay their employees.

    Advice to Management

    Pay employees their worth.


  10. "Operations Team Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Team Manager in Dallas, TX
    Current Employee - Operations Team Manager in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Bank of America offers good benefits in comparison to other companies.

    Cons

    Bank of America often acquires other companies resulting in dual functions. This action necessitates unexpected lay offs.


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