Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated September 25, 2017
2,236 reviews

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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
770 Ratings

2,236 Employee Reviews

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Pros
Cons
  • Work life balance has to be earned (in 441 reviews)

  • Upper management don't listen to those located in other cities (in 395 reviews)

More Pros and Cons

  1. "Not the best company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Los Angeles, CA
    Former Employee - Teller in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Easy job, not too stressful

    Cons

    Hard to move up, favoritism

    Advice to Management

    Be more mindful of lower level employees and their concerns along with the higher level ones


  2. "BoA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Wilmington, DE
    Former Employee - Vice President in Wilmington, DE
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Flexible Schedule, good salary

    Cons

    Cutthroats, bottom dollar is more important than employees

  3. "Frustrating"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Banker/Digital Ambassador in Benicia, CA
    Current Employee - Relationship Banker/Digital Ambassador in Benicia, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good employee benefits, good work schedules. Associate discounts. 401k. Opportunities to earn bonuses. Paid sick time and paid vacation.

    Cons

    Lack of opportunity to grow within the company. Favoritism. Low pay unless you are an external candidate. Short staffed.

    Advice to Management

    Give your associates opportunities to grow and develop


  4. "Terrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Will never work for this company again

    Cons

    Slavedrivers tired of it all

    Advice to Management

    n/a


  5. "Good and Bad"

    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 (More than 10 years)

    Pros

    Great healthcare benefits and college reimbursement

    Cons

    Pressure sales, unattainable sales goals


  6. "To much upper management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Center Operations Manager
    Former Employee - Financial Center Operations Manager
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    -Work Life Balance
    -Good starting salaries
    -Opportunities for growth if you are willing to move

    Cons

    -Not enough staff; laid off most of teller staff
    -Way to many leaders telling you different things
    -Always sales focused; not very customer focused
    -Not enough budget to run operations
    -Not much room for growth unless you wish to focus on sales
    -Disciplined for overtime that is forced on you
    -Too many tasks, not enough people

    Advice to Management

    Less area managers and more tellers to staff operations. To many times have we gotten opposite directions from district and area managers while not having enough staff or resources to implement them. Either hire more personnel to work at your banking centers or stop blaming your bottom tier leadership for your mistakes.


  7. "Mortgage loan closer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Closer in Pasadena, CA
    Former Employee - Mortgage Loan Closer in Pasadena, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    good benefits, room for advancement

    Cons

    many changes within a short time of dept, many layoff.

    Advice to Management

    jobs are not stable

  8. "Room for Improvement"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Bank of America full-time

    Pros

    Salary - not bad considering the guaranteed based salary

    Cons

    Management - very crooked and disorganized.


  9. "Stressful"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Former Employee - Relationship Manager
    Former Employee - Relationship Manager
    Doesn't Recommend

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

    Pros

    Pay is above average compared to other financial institutions.

    Cons

    Agressive sales goals, very micromanaged. Upper management made work environment very stressful.


  10. "document administrator"

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

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

    Pros

    Excellent company for over 30 years, however, the layoffs where to random.

    Cons

    This company was good, however, things have gotten to be very hard to work for.

    Advice to Management

    They do not look at seasoned employees they just let them go and rehire younger employees.


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