Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated Jun 15, 2019

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Found 20453 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
68%
Recommend to a Friend
85%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
8494 Ratings
Pros
Cons
More Pros and Cons
  1. Featured Review
    Helpful (46)

    "Great company to work for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 10 years

    Pros

    Fantastic benefits and great leadership and atmosphere to work in! Great work life balance!

    Cons

    Large corporation, don't always agree on some of the organizations we support.

    Advice to Management

    Keep up the great work!

    Bank of America2018-10-13
  2. "Consulting Systems Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Concord, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than a year

    Pros

    Great benefits fortune 500 employer

    Cons

    Geographical bias creates strange working conditions

    Bank of America2018-08-29
  3. Helpful (2)

    "I like the values of Bank of America. I don't like the position of Relationship Manager."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager 
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time

    Pros

    Good benefits. Meet great people (customers and co-workers). Learn about finance and banking, which is useful for personal life. Gratification of helping others make meaningful changes to their lives. Hourly+Commission. Commission bonus can be good, if you are in an affluent market, and know how to be a good salesman, or know how to work the commission system (triggering)

    Cons

    Management may set unrealistic goals and reporting processes that bog down the core of your job description. Sales Orientated. Bank of America tries hard to avoid the word "sales," but it is essentially a sales job. If you are not a salesman, do not apply. Lack of career opportunities for most associates unless you are a top salesman, which is becoming increasingly harder to be because of slower traffic and management....

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    Advice to Management

    Get rid of half of the paperwork and spend more time observing people on the floor to have a better sense of the changing realities of the financial center.

    Bank of America2019-06-12
  4. Helpful (4)

    "Good benefits, not so good pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Administrator in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 3 years

    Pros

    It has some of the best benefits that big corporations offer. They have 16 weeks paid of maternity and paternity leave. They can pay for family planning expenses etc.

    Cons

    It's very corporate culture. Too many bureaucracies. Difficult to get promoted. Not much work flexibility.

    Advice to Management

    Pay attention to the needs of the new generation.

    Bank of America2019-06-06
  5. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operations Manager 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 8 years

    Pros

    People, pays well, great benefits, recognition

    Cons

    Many areas no longer support remote positions requiring some employees to make extensive relocations if they want to stay.

    Bank of America2019-06-14
  6. "Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Relationship in Bullhead City, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 3 years

    Pros

    Great benefits and tuition reimbursement

    Cons

    Inflexible scheduling for vacations and family

    Advice to Management

    Should improve Work life balance

    Bank of America2019-06-15
  7. "Great"

    StarStarStarStarStar
      Former Employee - Bank Teller in Nash, MO

      I worked at Bank of America full-time for more than 3 years

      Pros

      Flexible hours and nice environment

      Cons

      There are no cons for the company

      Bank of America2019-06-13
    • "Great environment with some issues"

      StarStarStarStarStar
        Former Employee - Vice President 

        I worked at Bank of America full-time

        Pros

        - Ability to work on large deals - Competitive pay

        Cons

        - Too big - Not a pure play investment bank

        Bank of America2019-06-14
      • "Hit or miss"

        StarStarStarStarStar
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Client Service Representative in Santa Cruz, CA
        Recommends
        Positive Outlook
        No opinion of CEO

        I have been working at Bank of America part-time for less than a year

        Pros

        Good hourly pay for entry level job Good company culture Room for growth

        Cons

        Working at a financial center really depends on the location you are in and your coworkers because there aren't many people who work there

        Bank of America2019-06-13
      • "Best of the best"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Bank Teller in Smyrna, GA
        Recommends
        Positive Outlook
        Approves of CEO

        I have been working at Bank of America full-time for more than 5 years

        Pros

        Bank of America makes life easier.

        Cons

        No cons when banking with bank of America.

        Advice to Management

        Lets keeps it up for a life time.

        Bank of America2019-06-12
      Found 20453 reviews