Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated September 19, 2018
18,995 reviews

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3.6
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
7,789 Ratings

18,995 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 503 reviews)

  • "Communication with upper management can be difficult" (in 439 reviews)

More Pros and Cons

  1. "Business Support Manager"

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

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

    Pros

    Diversity, talent development, promote from within, performance-based driven.

    Cons

    Some departments are better than others due to leadership. If you can land in a role that’s on the broker/dealer side. Do it.

    Advice to Management

    I’ve no complaints. If I had to pick something I’d say continue to develop and choose great senior leaders as they are the pulse of every organization and they set the culture and tone.


  2. Helpful (190)

    "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.

  3. "Relationship Manager"

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

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

    Pros

    Great Benefits
    Opportunity to move up in company

    Cons

    Unrealistic sales goals
    Constant policy changes

    Advice to Management

    Take time to understand associate concerns.


  4. "Forcably Retired"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Supported transferring to new positions when they became available.
    Seemed to be genuine about your work life balance.
    The pay was very good.

    Cons

    Forced a majority of the staff to retire. Giving our positions to our contracting companies and outsourcing those same positions to India.


  5. "money is good"

    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

    salary is good and benefits were nice

    Cons

    way too much india influence on how the structure works. This is not India...

    Advice to Management

    Go with what works and not what the paper says


  6. "analyst"

    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

    team environment is incredible for growth

    Cons

    updating office spaces, currently slightly dated.


  7. "Compliance 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 benefits, team work amongst peer groups

    Cons

    Constant budget struggle impacts efficacy

  8. "Very Diverse Company"

    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 (More than 3 years)

    Pros

    Diversity, flexibility, benefits discounts 24/7 jobs

    Cons

    People are often judged on a personal like or dislike not on skills.

    Advice to Management

    Review management hold managers to a higher standard.


  9. "Good company working to get better"

    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

    Pros

    Solid team, fair work/life balance

    Cons

    Hierarchical and somewhat slow to adapt to change


  10. "Good"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America part-time

    Pros

    Working at big companies is always nice

    Cons

    Sometimes stressful so that sucksd


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