Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated August 17, 2017
15,997 reviews

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3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
6,557 Ratings

15,997 Employee Reviews

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Pros
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More Pros and Cons

  1. Helpful (68)

    "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. "Personal Banker"

    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 full-time

    Pros

    Always busy and learning. Interacting with new people. Good place to start to get sales experience.

    Cons

    Some clients are not happy and difficult to handle.

  3. "Great paternity leave"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    4 months paid paternity leave

    Cons

    it is a complex organization - can be hard to navigate sometimes


  4. "Good company"

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

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

    Pros

    job stability and benefits are spot on

    Cons

    very hard to get promotions


  5. Helpful (1)

    "Collector"

    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

    Vacation
    Personal Time
    Sick Time
    Employee Development
    Move to another department after a year
    Generous Bonuses (depending on performance--but usually kind of easy to make incentive)
    Employee Discounts for almost everything
    Health Insurance
    Dental Plans
    Vision
    Childcare Assistance
    Dependent Care
    And so much more

    Cons

    Pretty good job to have and make a living. The only thing is when they don't give enough training for new things but you'll learn as you go. Other than that, wonderful job.

    Advice to Management

    Keep doing what you do!


  6. "Customer Service Reprensentative"

    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

    Pros

    Flexible Hours. Decent pay. Programs that help employees in furthering education. Good work culture.

    Cons

    CSR's who excel get paid the same as CSR's that don't.


  7. "AVP"

    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

    good 401k benefits, paid vacation

    Cons

    health plan is bad

  8. "Relationship Manager"

    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

    Good to get your foot in Banking. you Learn how handle pressure.

    Cons

    You Have to be good at selling. For me it wasn't problem. I always exceeded my goals. Even thought i was new to banking. I met my goals from the first month I've worked. It's stressful theirs people that were going through stress and it made them sick.

    Advice to Management

    I hope they can can treat people fair. some managers favorite others who been there longer.


  9. "Investment Banker"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    Great culture and management supports your career.

    Cons

    Pretty typical investment banking lifestyle.


  10. "Relationship Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Banker
    Former Employee - Relationship Banker
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good benefits, reasonable working hours, and good training in sales

    Cons

    very tough sales goals and due to short staffing, most of your customer interactions will be done whilst being a teller, making it hard to build meaningful relationships with customers

    Advice to Management

    I know this is a business, but more tellers are needed in the financial centers


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