Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated June 23, 2017
15,600 reviews

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Full-time Part-time

3.4
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
6,359 Ratings

15,600 Employee Reviews

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Pros
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  1. Helpful (33)

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

    Star Star Star Star Star
    • 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. Helpful (1)

    "Preferred Sales"

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

    I worked at Bank of America full-time

    Pros

    Great work environment. Company makes sure your're successful within your position. There is a lot of growth opportunities available.

    Cons

    Bank of America has many strict policies that must be followed. Turnover rate for preferred sales is high. Strict schedule.

  3. "Tech Banking"

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

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

    Pros

    Great job, I got to experience many facets of tech by supporting everything from desktops to servers, VRU's printers & phone systems. I also did alot of project work.

    Cons

    Small yearly salary increases, limited to once a year.

    Advice to Management

    The companies success is directly tied to your employees. Through out my career I saw numerous perks & bonuses disappear. In the end about the only thing offered was a steady paycheck & nothing else; in spite of record profits.


  4. "Cool Place to start"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Bank Teller in San Francisco, CA
    Former Employee - Senior Bank Teller in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America part-time (More than 3 years)

    Pros

    Great place to learn how to manage money

    Cons

    Big company and you are constantly forgotten about.

    Advice to Management

    Dont forget about the little guys.


  5. "SVP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in Charlotte, NC
    Current Employee - Senior Vice President in Charlotte, NC
    Approves of CEO

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

    Pros

    Very professional, corporate setting in Charlotte, NC. Strong commitment to D&I.

    Cons

    Continued layoffs and cost cutting within Tech and Ops.


  6. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Project Manager in Charlotte, NC
    Former Employee - Technical Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Upward mobility is available if you stay visible and can quickly adjust to change.

    Cons

    Fast turnover rate for employees. Twice a year job cuts.

    Advice to Management

    Don't allow manager favoritism drive the reduction of staff.


  7. "Good company yo work for"

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

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

    Pros

    Benefits, work life balance, progressive culture

    Cons

    Pay. Constant reorganizations are annoying.

  8. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in San Francisco, CA
    Current Employee - Manager in San Francisco, CA
    Recommends
    Positive Outlook

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

    Pros

    Great career pathway. Great benefits. Love the culture.

    Cons

    non at this moment. It's a great company.

    Advice to Management

    n/a


  9. "good place to get experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Long Beach, CA
    Former Employee - Teller in Long Beach, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    good people to work with, competitive training.

    Cons

    expects you to know everything from day one.


  10. "Relationship Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Banker in San Jose, CA
    Current Employee - Relationship Banker in San Jose, CA
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Benefits, tuition reimbursement, 401k match plans, paid sick and vacation for PT employees

    Cons

    Just a number in such a huge company.


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