Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated July 26, 2017
15,848 reviews

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3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
6,479 Ratings

15,848 Employee Reviews

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Pros
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More Pros and Cons

  1. Helpful (60)

    "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. "Great Place"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    Good, stable company to work with great benefits.

    Cons

    Very large company, can be challenging to navigate

  3. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good learning environment in my team.

    Cons

    Culture is team dependent and not universal.

    Advice to Management

    NA


  4. "Analyst"

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

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

    Pros

    Great pay, lots of resources

    Cons

    Long hours, some managers are difficult to work with


  5. "Relationship Manager"

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

    I have been working at Bank of America full-time

    Pros

    benefits are great and they match 401k 5% after 1 yr of working

    Cons

    They do not promote within. They give you exposure but no promotion


  6. "Senior Financial Analyst, Regulatory Regulatory"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Charlotte, NC
    Former Employee - Senior Financial Analyst in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bank of America full-time (More than 5 years)

    Pros

    Some of the smartest teammates I have ever worked with. Team oriented group where everyone pitched in and had a strong work ethics. Supportive direct Managers and good Senior Managers in area as well.

    Cons

    Experience will vary depending on area. My last two managers were amazing .Mixed bag of managers in prior areas including a tolerance for unprofessional behavior with no consequences. Being it is a large company this is the only downside, if you find a group that is a good fit for you, the experience is more positive.

    Advice to Management

    To senior execs do not reward bad managers by moving them to other areas, they should be managed out of organization.


  7. "Quantative Associate II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quantitative Associate II in Wilmington, DE
    Current Employee - Quantitative Associate II in Wilmington, DE

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

    Pros

    The company provides very good benefits compared to other companies. They also provide the ability to work remotely (with management approval)

    Cons

    Flat organizational structure does not allow room for professional growth. Leadership positions are often offered to outsiders.

  8. "Relationship Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    Great Benefits, good environmen, decent schedule

    Cons

    underpaid in some cases and at times a lot of stress.


  9. "HSS III"

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

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

    Pros

    Benefits are great. Working for a large company allows you to move all over all while still keeping the time you've spent with the company.

    Cons

    Some of the managers are difficult but the upper management will listen and try to help out as much as they can.


  10. "Manager"

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

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

    Pros

    Amazing company with outstanding benefits

    Cons

    No cons as such but bit stressfull


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