Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated February 18, 2017
14,638 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
5,904 Ratings

14,638 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. Helpful (8)

    "Excellent experience. High expectations but great rewards"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Small Business Banker in Austin, TX
    Current Employee - Small Business Banker in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits, good work environment, chance for advancement based on performance. Good paid time off. Performance reviews are done in a timely manner.

    Cons

    High pressure to meet goals. Micromanagement through daily reporting requirements. Lots of email messaging regarding daily performance. Very distracting and not motivating.

    Advice to Management

    Minimize daily reporting. It's not a good talent development tool. Look at the bigger picture.


  2. "Great Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Representative in New York, NY
    Current Employee - Client Service Representative in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great Working environment. Paid Vacation.

    Cons

    Short of Staff and a bit competitive

    Advice to Management

    none


  3. "Summer Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Associate in New York, NY
    Former Employee - Summer Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America (Less than a year)

    Pros

    Good firm culture and managers care about you

    Cons

    Hard to get promoted, bad work-life balance


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  5. "Great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Thousand Oaks, CA
    Former Employee - Senior Financial Analyst in Thousand Oaks, CA
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Great benefits and excellent working environment

    Cons

    Current downsizing of the company

    Advice to Management

    Attempt for more frequent one on one reviews


  6. "Former Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PSC Representative in Phoenix, AZ
    Former Employee - PSC Representative in Phoenix, AZ
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Pay, Bonuses, Vacation, sick pay and other employees. Quick advancement within company. They usually hire within for promotions.

    Cons

    No cons I enjoyed working for this company. Unfortunately I had to leave due to maturity leave then deciding to stay home with baby.


  7. "Relationship Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in Los Angeles, CA
    Former Employee - Relationship Manager in Los Angeles, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Develop relationship with clients

    Cons

    lots of trouble customers who doesn't have money in their accounts but wants everything free ...

    Advice to Management

    Be more consistent when it comes to HR movements.


  8. "Relationship Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Banker
    Current Employee - Relationship Banker
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good benefit, work ethic, good hours

    Cons

    having connection is good, good starting company


  9. "Senior Vice President"

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

    Pros

    great working environment, variety of different areas to cover.

    Cons

    managers are at times tough to work for.


  10. "Great place to work"

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

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

    Pros

    excellent pay benefits 401k advancement available

    Cons

    Long hours slow advancement location

    Advice to Management

    Keep up the good work and employee satisfaction


  11. "Great place to work - Company should work to shed some bad habits."

    Star Star Star Star Star
    • 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
    Approves of CEO

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

    Pros

    High levels of attention are paid to employee satisfaction surveys. Management makes sure that resources are decked against priorities, so you never feel like you've been set up for failure. Managers at top levels are always well-placed and qualified. Team members are always competent and professional.

    Cons

    Duplication of efforts is rampant. Silo-ing of efforts is still a big issue. Work culture can vary wildly from team-to-team. Performance review processes seem to be different every year, and could be more predictable. Organizational changes are fairly constant, and can often feel like an arbitrary way to create work.

    Advice to Management

    Find more effective ways to encourage traditional education. Stop using organizational changes as a way to fix problems.



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