Bank of America Reviews in Newark, NJ | Glassdoor

Bank of America Newark Reviews

Updated April 4, 2018
37 reviews

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Newark, NJ

3.4
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Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
15 Ratings

37 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 503 reviews)

  • "Lack of communication in upper management" (in 440 reviews)

More Pros and Cons

  1. "Bank of America customer service/collector"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Collector II in Newark, NJ
    Former Employee - Senior Collector II in Newark, NJ
    Recommends

    I worked at Bank of America (More than 3 years)

    Pros

    Great company to work for with great employee benefits

    Cons

    Really sad they closed the site. A lot of good employees including myself lost a good job

    Advice to Management

    Reopen 420 University ave Newark


  2. "Foreclosure File Reviewer"

    StarStarStarStarStar
    • Career Opportunities
    Former Contractor - File Reviewer in Newark, NJ
    Former Contractor - File Reviewer in Newark, NJ
    Recommends

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

    Pros

    well trained upper management had strong relation ship and,interact with employees, good working environment ,met lots of professional co workers, had weekly meetings ,relating to job performance and product updates

    Cons

    did not have any comments for this area

    Advice to Management

    none

  3. "Decent workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Specialist in Newark, NJ
    Former Employee - Mortgage Specialist in Newark, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible scheduling, good benefits, family environment

    Cons

    Growth movement is slow, not as frequent,


  4. "Java Developer"

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

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

    Pros

    get to try out new technology

    Cons

    lack of consistent development structure.


  5. "HSS"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Newark, NJ
    Former Employee - Anonymous Employee in Newark, NJ
    Doesn't Recommend

    Pros

    if you need to pay your bills and they hire you then go for it..

    Cons

    too many to list. They suck

    Advice to Management

    none - because they won't listen to it


  6. "Great experience"

    StarStarStarStarStar
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Fsa in Newark, NJ
    Former Employee - Fsa in Newark, NJ

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

    Pros

    Teaming was excellent - all help each other

    Cons

    Very numbers driven - sell to meet goals, not customer need

    Advice to Management

    N/A


  7. Helpful (1)

    "customer assistance rep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Newark, NJ
    Former Employee - Customer Service Representative in Newark, NJ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    great associates and a clean work environment. The lead team was helpful and their were lots of opportunities to advance.

    Cons

    Most of the time we were treated like a number instead of a person.

  8. Helpful (1)

    "Competitive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Newark, NJ
    Current Employee - Relationship Manager in Newark, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great great benefits. Great company. They reimburse for childcare as well as schooling. The vacation time and sick time are also good.

    Cons

    I feel as though im underpaid since i am a female. Promotions within the company are incredibly hard to get. Not sure why. I was always a top performer.


  9. "Litigation paralegal"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Paralegal in Newark, NJ
    Former Employee - Senior Paralegal in Newark, NJ
    Recommends
    Positive Outlook

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

    Pros

    It was Great company to work for the people were great the job was always learning new things and experiencing new avenues in the legal field

    Cons

    The cons were that that it was short lived and the ability to advance with the company wasn't there

    Advice to Management

    Create better training for employees that want to move up in the company


  10. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Newark, NJ
    Former Employee - Bank Teller in Newark, NJ
    Recommends
    Approves of CEO

    Pros

    Great company great benefits good starting salary with only diploma and overal great experience

    Cons

    Too hard to move up wish things were measure different like they were 3 or 4 years ago that way it's not so much revenue based


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