Bank of America Reviews in Providence, RI | Glassdoor

Bank of America Providence Reviews

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Found 102 reviews

2.5
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24%
Recommend to a Friend
25%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
47 Ratings
Pros
Cons
More Pros and Cons
  1. "Awesome"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Preferred Sales in Lincoln, RI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than a year

    Pros

    Great company,great benefits, great people and environment

    Cons

    There are no cons! Great environment

  2. "Nice people working together"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Analyst in Riverside, RI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than a year

    Pros

    It has great training system, new employee gets to trained around 1 month. People working there are very helpful and friendly. Can learn a lot of professional skills

    Cons

    Salary is okay but not high compare with other employer

  3. "Poor management in New England Mainly Rhode Island Management"

    StarStarStarStarStar
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    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in Providence, RI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Bank of America full-time for more than 4 years

    Pros

    Good benefits for paternity leave

    Cons

    Work life balance is awful and management gives you a hard time for time off requests.

    Advice to Management

    Work with your employees better and as a team

  4. "Decent to work for."

    StarStarStarStarStar
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    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Quality Control Manager in Providence, RI
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Bank of America full-time for more than 9 years

    Pros

    Had a great team spirit all around. Promoted 360 coaching was took some getting use to.

    Cons

    In a management role and having areas in different locations, sometimes the people weren't very acceptable to different views and set in their way in what they know even if it's wrong.

    Advice to Management

    Keep working on the community and the spirit.

  5. Helpful (1)

    "Toxicity is spreading"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lincoln, RI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Bank of America full-time for more than 6 years

    Pros

    Great Benefits and great coworkers.

    Cons

    When I first started with the bank almost 4 years ago, the environment was that of excitement for the future. Innovation was on the way, great new tools were coming available to help us better serve the clients. My first job was in one of our financial centers. The banks model was to expect us to achieve ridiculous sales goals, while simultaneously driving the customer away from the in person service to digital and...

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    Advice to Management

    Bring in people that will actually voice their own opinions,not parrot what the big guy at the top is saying, all drunk on the koolaid.

  6. Helpful (1)

    "Sales Associate"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Manager in Lincoln, RI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than 2 years

    Pros

    It's a job and that's it.

    Cons

    At least 1 person is being walked out the door or quitting a week. I'm not quite sure why, but maybe it is because of new management. At least that is what the people are complaining about in the hallways.

    Advice to Management

    An environment where everyone has two strikes and can get kicked out at 3 sucks. Too many people have 2 strikes because management changed, couldn't do their job and failed their employees. Everytime you fir a new manager, it's like they start dishing out penalties week 1 and kill momentum, event on the best teams. Because naturally when you have two strikes, people will stop swinging for the fences. Right? I'm pretty...

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  7. "Worst Job EVER!"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Preferred Senior Sales in Lincoln, RI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than 4 years

    Pros

    Up to 4 weeks time off. Hourly Pay. Good starting job for entry level sales looking for a temporary job until something better comes along

    Cons

    Worst job I have ever had by a very large margin. This position was a good idea at first as we occasionally dealt with preferred customers and had sales opportunitys. Then someone took over and made everyone absolutely miserable. The last two years we were all constantly threatened and Micro Managed and dealt with the worst service calls imagineable while our sales goals and stress went through the roof.. Highest turnover...

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    Advice to Management

    Start at the top of Preferred sales because most everyone is miserable working in this part of BOA

  8. Helpful (1)

    "Investment Specialist"

    StarStarStarStarStar
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    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Specialist in Lincoln, RI
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 6 years

    Pros

    Great colleagues working hard to deliver first class service on complex Merrill Self Directed Account brokerage accounts.

    Cons

    No sales training - but you must make goals. Huge turnover = exhausted staff . Not enough staff servicing clients to train others.

    Advice to Management

    Bank executives are running call center without understanding the complexity of the accounts = unnecessary turnover, staff burnout and clients leaving.

  9. Helpful (1)

    "Retirement Help Desk"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Consultant in Providence, RI
    Doesn't Recommend
    Negative Outlook

    I worked at Bank of America full-time for more than 20 years

    Pros

    Benefits, sponsored to get licensed,

    Cons

    too many changes happen without enough review and associate training. no one seems to know what is going on half the time.

    Advice to Management

    better training

  10. "Senior Project Manager"

    StarStarStarStarStar
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    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Providence, RI
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 20 years

    Pros

    Effective Project Management methodologies are mature, disciplined and supported throughout the organizations of which I was employed.

    Cons

    Must have keen ability to multi-task to be effective.

Found 102 reviews