Bank of America Reviews in Phoenix, AZ | Glassdoor

Bank of America Phoenix Reviews

Updated April 18, 2018
463 reviews

Filter

Filter

Phoenix, AZ Area

3.3
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
223 Ratings

463 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Bonuses Training Work life balance (in 489 reviews)

  • Communication with upper management can be difficult (in 432 reviews)

More Pros and Cons

  1. "Great Company, and trying to imrpove!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Operations Manager in Phoenix, AZ
    Current Employee - Senior Operations Manager in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits are great. Over time, you can have up to five weeks of vacation. Paternity/Maternity leave is 16 weeks, and the company has been doing a great job of keeping healthcare costs down.

    Cons

    It is a very large corporation, which can be a pro and a con. There are plenty of options for horizontal or upward movement, but it is also very competitive.

    Advice to Management

    Bring back the MyWork program and do not dismantle it.


  2. "Great Company"

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

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

    Pros

    Excellent benefits. Continuous education. Competitive pay. Great cultural environment.

    Cons

    There was a lack of cross training. The longer you're there, the greater possibility of being laid off.

  3. "Worst place I've ever worked."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Preferred Sales Associate in Chandler, AZ
    Current Employee - Preferred Sales Associate in Chandler, AZ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    If you are there for a year and you have a kid, you can take up to 4 months off paid.

    Cons

    There are few leaders in this company, its mostly managers. Managers rhat manage the bad and pay no attention to the good. If you are looking for a company that provides recognition, and provides coaching and support for growth. This is not the place.

    Advice to Management

    Learn to lead.


  4. "Financial Solutions Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Solutions Advisor in Chandler, AZ
    Current Employee - Financial Solutions Advisor in Chandler, AZ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    great work life balance and atmosphere

    Cons

    alot of training before you get to actual job and bonuses

    Advice to Management

    keep up the great work


  5. "Preferred relationship specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Preferred Relationship Specialist in Phoenix, AZ
    Current Employee - Preferred Relationship Specialist in Phoenix, AZ
    Neutral Outlook
    No opinion of CEO

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

    Pros

    It is steady, reliable work

    Cons

    It is very monotonous and boring


  6. "the bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Various in Chandler, AZ
    Former Employee - Various in Chandler, AZ
    Recommends
    No opinion of CEO

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

    Pros

    Loved working there, was a pleasurable atmosphere.

    Cons

    you are very easily replaced. Hence a lot of lay offs.


  7. Helpful (1)

    "Consumer Banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consumer Market Manager in Phoenix, AZ
    Former Employee - Consumer Market Manager in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Benefits - so long as you don’t make too much (cost goes up with salary increases)

    Cons

    No balance - work, work, work, work, work.
    No thought to employee relations
    Constant changes to strategy - nothing would last longer than a month
    Constant reduction in employees
    Focused on replacing humans with computers
    No training or development of employees
    Bank Security constantly telling employees they are fired for “loss of trust and confidence”

    Advice to Management

    Focus on your employees as your greatest asset, not as dispensable assets. Increase training and development.

  8. "accounting"

    StarStarStarStarStar
    Former Employee - Accounting - Controller in Phoenix, AZ
    Former Employee - Accounting - Controller in Phoenix, AZ

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

    Pros

    Telecommute once a week. Van service to work.

    Cons

    relocation of jobs to hire younger staff


  9. "Mortgage Servicer III"

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

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

    Pros

    Good benefits, good pay, will play nice when it suits them

    Cons

    No line of business knows what the others are doing on more than a conceptual basis. When a new high level manager comes in whats out, they'll change things simply to CHANGE things.


  10. "Lead Operations Representative"

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

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

    Pros

    Loved the work. Great benefits, paid time off and location was easily accessible. Good team leadership most of the time.

    Cons

    Small team, not much room for advancement in that dept. Lazy coworkers didn't pull their weight and there were no repercussions.

    Advice to Management

    Pay attention. Value your good employees don't take them for granted.


Showing 463 of 19,040 reviews
Reset Filters