Bank of America Project Manager Reviews | Glassdoor

Bank of America Project Manager Reviews

Updated April 15, 2019
256 reviews

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Project Manager

3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
128 Ratings

Employee Reviews

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Pros
Cons
  • "Hard to maintain a good work life balance" (in 532 reviews)

  • "Don't get a lot of support from upper management" (in 461 reviews)

More Pros and Cons

  1. "Great Company"

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

    I have been working at Bank of America full-time (More than 3 years)

    Pros

    - Work from home
    - free printer/desk/chair

    Cons

    None, great place to work

    Advice to Management

    none. keep doing what you're doing


  2. "Good company to work for"

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

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Good company to work for

    Cons

    Big company, lot of politics

    Advice to Management

    Keep going

  3. "Good and bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Project Manager in Charlotte, NC
    Former Contractor - Senior Project Manager in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    In the right team - it can be great experience.

    Cons

    I have contracted with them 5 times... every time it's like I am working for a different company, its such a huge company - culturally, every area is very different. They also have a bad habit of laying off tons of contractors around the budget time.... then hiring tons of them when the budgets are done. Doesn't make for a very stable environment for contractors.


  4. Helpful (1)

    "It is an archaic system of management that suppresses individual thinking."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Boston, MA
    Current Employee - Project Manager in Boston, MA
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good benefits such as insurance, vacation and 401k

    Cons

    Constant turnover at management levels which causes workers to constantly adjust to different management styles. Constant threat of downsizing.


  5. "Production Technical Support Application"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager/Technical Support Specialist III in Dallas, TX
    Current Employee - Project Manager/Technical Support Specialist III in Dallas, TX
    Recommends
    Positive Outlook

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

    Pros

    Great culture and knowledge to gain

    Cons

    long working hours sometimes can be stressful


  6. "Good while it lasted"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager
    Former Employee - Project Manager
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Opportunities for advancement, mostly good people.

    Cons

    Layoffs, cumbersome processes, slow decision making.

    Advice to Management

    Understand and embrace the fact that you limit the possibilities for the company by only hiring employees in certain cities. This is an aspect of diversity and inclusion that you are missing - geographical.


  7. "Working for Bank of America"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Atlanta, GA
    Former Employee - Senior Project Manager in Atlanta, GA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great benefits and competitive pay

    Cons

    Constant downsizing leaves employee moral low.

  8. "Bank of America"

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

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

    Pros

    Plethora of opportunities in a variety of financial products

    Cons

    Large company - can get lost in the shuffle unless you do a good job of networking

    Advice to Management

    Pay attention to the personal needs of your employees, both personal and professional


  9. Helpful (4)

    "Ok company to work for - depends on leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Charlotte, NC
    Former Employee - Senior Project Manager in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits (401k, vacation, partial tuition), flexibility in working remotely sometimes, educational information available, discounts at various companies for being an employee, growth opportunities.

    Cons

    Disclaimer: the following statements are said without any hard feelings to this company. I've had some incredible times and really appreciated my time there. But I'm stating why I left the company: Company has become extremely inflexible in creativity, focuses on how to lay off people than to grow them. Like any other company, your job depends on the leaders over you and I've had some good ones and some really bad ones. Lots of virtue signaling by upper execs, where they make it seem as if diversity is a major issue throughout the company yet that is not the case. In the last few years it had become a very miserable place to work. The leaders seemed to have become a bunch of yes-men and produced their own yes-men and as a result fear of making a mistake or losing one's job became a daily thing, with folks spinning their wheels not having a grasp of the organization's vision. I hope that one day this will change and I think the only way it will is with new executive leaders. I would recommend to stay away from this company if you're top talent, because your creativity will get killed and you will become another yes-man/woman. But if you have to work there, then keep your head down and try to see if you can work for a great leader and try to stay away from GT&O.


  10. "Big bank, replete with pluses and minuses"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - Senior Project Manager in Calabasas, CA
    Former Employee - Vice President - Senior Project Manager in Calabasas, CA
    Recommends

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

    Pros

    Professional organization. Atmosphere is very collegial. Lots of good people working there

    Cons

    Subject to all the same big-business inanity as other large companies. When profits drop 20 basis points, they stop providing coffee cups, spoons and sugar for employees.

    Advice to Management

    Get in touch with what the working employees three levels down from you are experiencing.