Bank of America Reviews in Jersey City, NJ | Glassdoor
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    Bank of America Jersey City Reviews

    Updated March 10, 2018
    74 reviews

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    Jersey City, NJ
    3.9
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    Bank of America President & CEO Brian T. Moynihan
    Brian T. Moynihan
    31 Ratings

    74 Employee Reviews

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    Pros
    Cons

    • "Bonuses Training Work life balance" (in 493 reviews)

    • "Communication with upper management can be difficult" (in 435 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. "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.

      3. Join the Bank of America team
      See Our Latest Jobs

    3. "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.

    4. "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

    5. "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

    6. "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.

    7. "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.

    8. "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

    9. 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

    10. "Software Engineer"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Contractor - Software Engineer in Jersey City, NJ
      Former Contractor - Software Engineer in Jersey City, NJ
      Recommends
      Positive Outlook
      No opinion of CEO

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

      Pros

      Project Lead was knowledgeable and helpful

      Cons

      Manager was not particularly good with people.

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