Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated July 19, 2018
18,642 reviews

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3.6
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
7,609 Ratings

18,642 Employee Reviews

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Pros
Cons
  • "Bonuses Training Work life balance" (in 492 reviews)

  • "Communication with upper management can be difficult" (in 435 reviews)

More Pros and Cons

  1. Helpful (1)

    "Claims"

    StarStarStarStarStar
    • 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

    I worked at Bank of America full-time

    Pros

    Pay, hours, location, growth, family activities

    Cons

    I don’t have any cons

    Advice to Management

    Keep it up!


  2. Helpful (183)

    "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. Helpful (1)

    "Wonderful Intern Experience"

    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 (Less than a year)

    Pros

    Supportive and Helpful Environment
    Numerous Benefits
    Great Staff

    Cons

    Not much in the way of cross experience.


  4. "Sr .Net Developer"

    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

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

    Pros

    Enterprise learning curve, Work life balance

    Cons

    I don't have any cons to mention here.


  5. "Great place"

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

    I have been working at Bank of America full-time

    Pros

    Worked for a few years and learned a lot

    Cons

    Needed more clients. They need to do more marketing


  6. "Relationship banker"

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

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

    Pros

    you get paid on time and sometimes the team you work with can motivate you for better.

    Cons

    sales goals to high, pay barely raises annually, expected to be like a manager without proper pay, work life balance non existent, no room for growth

    Advice to Management

    Listen to employees more when they are happy the company thrives even more.


  7. "Middle Office Experience"

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

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

    Pros

    Salary is decent, great benefits, great atmosphere, committed to diversity, work flexibility, and plenty of pto.

    Cons

    Too many systems at use and salary could be better

    Advice to Management

    Share the wealth with the middle office and back office

  8. "Good firm to work for"

    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
    Approves of CEO

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

    Pros

    A lot of different opportunities and very diverse

    Cons

    Very Bureaucratic & political but it comes with the territory


  9. "Vice President"

    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

    Work life balance, culture, management

    Cons

    Senior management of the company doesn't provide


  10. "Call Center Position"

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

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

    Pros

    They are a fortune 500 company, great benefits, higher salary. Your coworkers will likely be kind and helpful.

    Cons

    Micromanagement and having to track bathroom breaks. 30 min lunch.

    Advice to Management

    Change that lunch to an hour and relieve some stress for your call center employees.


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