Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated January 17, 2018
17,109 reviews

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3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
7,059 Ratings

17,109 Employee Reviews

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Pros
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More Pros and Cons

  1. Helpful (165)

    "You'll need to manage your career there from day one"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Technology Manager in New York, NY
    Current Employee - Vice President Technology Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Stable, depending on manager you get a lot of support. Lots of benefits and resources at the corporate level. A friendly and collaborative environment that is less cut throat and better work life balance than the rest of the street.

    Cons

    Depends on manager, too much management, a lot of things need to get done but some managers are always looking for resources to manage but won't roll up their sleeves. You don't always have a well defined career plan if your manager needs you in your current position.

    Advice to Management

    HR and senior management need direct dialogues with employees, people are too dependent on personality, opinion and advice of their direct manager who will put their personal needs over the needs of the firm.


  2. "Technology Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    It's a great for career growth and opportunities

    Cons

    I wish it was more of an opened environment, more collaboration, brainstorming in between teams

  3. "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at Bank of America full-time

    Pros

    Good pay and benefits

    Cons

    Focus too much on diversity and are obviously politically biased

    Advice to Management

    Get out of politics


  4. "Great Place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America part-time

    Pros

    great management staff they really care about your development

    Cons

    Money. I think they pay low for people with experience


  5. "Good Environment,"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    Good work / life balance, management cares a lot about well-being of employees

    Cons

    limited room for advancement, extremly metrics-driven


  6. "consultant"

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

    I worked at Bank of America full-time

    Pros

    good pay and work life balance

    Cons

    lots of turnover and organizational changes


  7. "HQ life"

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

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

    Pros

    Not customer facing, decent pay, flexible hours, great time off.

    Cons

    Stressful, advancement difficult, if you show abilities they will bury you with work, lack of recognition

    Advice to Management

    Need better employee relations

  8. "Protective Services Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    - Good, listening boss who whats to help.

    Cons

    - Low pay in such an expensive area to live.


  9. "Small business banker"

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

    I have been working at Bank of America full-time

    Pros

    Work life balance, bonus, benefits

    Cons

    None that I can think of

    Advice to Management

    Great job


  10. "Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bankruptcy Specialist in Fort Worth, TX
    Current Employee - Bankruptcy Specialist in Fort Worth, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great vacation/bank holidays and sick time. Also, the maternity leave is wonderful as they give 16 weeks. Health benefits are good.

    Cons

    Can only advance if you are seeking management position. Therefore, little room to grow. Pay is lower than other mortgage companies. The yearly pay increase is very minimal to say the least.

    Advice to Management

    Reward employees with better pay.


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