Bank of America Reviews in Jersey City, NJ | Glassdoor

Bank of America Jersey City Reviews

Updated October 10, 2018
75 reviews

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Jersey City, NJ

4.0
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
31 Ratings

75 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 508 reviews)

  • "Lack of communication in upper management" (in 446 reviews)

More Pros and Cons

  1. Helpful (1)

    "Senior Data Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Many projects, career advancement, culture of valuing employees. Annual raises and semi-annual performance reviews. Professional atmosphere, good colleagues. Very generous family leave.

    Cons

    Corporate culture and red tape. If you get on a bad project you can end up working long hours with difficult deadlines. It all depends on which team you are on. Once you have been there for a while you can speak up and transfer to different teams.

    Advice to Management

    Continue to offer flexibility to working parents, including telecommuting and generous family leave. Try to cut the red tape on projects a bit to make it easier to accomplish things faster.


  2. "Summer Global Technology Analyst Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Summer Technology Analyst in Jersey City, NJ
    Current Intern - Summer Technology Analyst in Jersey City, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    I had a great manager and mentor who both made sure that I got the most out of my internship with relative projects. The work culture at the office is very respectful, and I was fortunate to work with a team that had great synergy with each other. Work and life balance is also excellent -- I hardly had to stay overtime to get something done.

    Cons

    Not all teams are like this from what I've heard. The cubicle set-up is also a little depressing.

    Advice to Management

    N/A

  3. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Oracle Developer in Jersey City, NJ
    Current Contractor - Oracle Developer in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Bank of America is a great work place. Great culture.

    Cons

    Low Pay Compared to other banking Institutions, requirements high for selling bank products.


  4. "Diversity Issue"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technologist in Jersey City, NJ
    Former Employee - Technologist in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Good equipment, good marketecture. Disappointing. The place , the work slides downward.

    Cons

    Agree about diversity issue. Despite announced plans to limit H1B’s this seems to be a marketing plan only. At a Xmas party with a 100people, perhaps 10 were not H1B ‘S.

    Advice to Management

    How are you going to balance the cheap salaries and the work load.


  5. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Software Engineer in Jersey City, NJ
    Current Contractor - Senior Software Engineer in Jersey City, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Have very good work -personal life balance.

    Cons

    Doesnt have very good trending technologies


  6. "Excellent bank to work with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Jersey City, NJ
    Former Employee - Assistant Vice President in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good culture, great learning opportunities

    Cons

    Insurance premium is high & 401k matching is very less


  7. "some teams are crazy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Consultant in Jersey City, NJ
    Former Contractor - Consultant in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    non I can think at this time

    Cons

    Uses crappy technology, too much office politics and 18 months contracts

    Advice to Management

    keep good people and pay them more.

  8. "Software Engineer Intern Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in Jersey City, NJ
    Former Intern - Intern in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America as an intern (More than a year)

    Pros

    Relaxed work environment, interesting projects, flexible hours, could work from home.

    Cons

    Worked mostly alone, didn't have too much interaction with other interns or employees

    Advice to Management

    More intern events.


  9. "AVP"

    StarStarStarStarStar
    Former Employee - AVP-Analyst in Jersey City, NJ
    Former Employee - AVP-Analyst in Jersey City, NJ

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

    Pros

    Permanent position, benefits, decent salary

    Cons

    bad version of agile, no appreciation

    Advice to Management

    prefer waterfall enviroment


  10. Helpful (3)

    "Solid Big Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Developer in Jersey City, NJ
    Former Employee - Senior Software Developer in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good work culture, decent salary and benefits. Some training provided.

    Cons

    Technology is being revamped. Any one joining the legacy groups is in danger of getting terminated. A lot of Technology work is being outsourced. You have to work with staff that are not BoFA employees - this creates some friction as they are under a different payscale and different work culture

    Advice to Management

    Hire more U.S based quality employeed. Do not look to cut costs with outsourced companies


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