Bank of America Reviews | Glassdoor

Bank of America Reviews

Updated Jan 17, 2020

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3.7
71%
Recommend to a Friend
87%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
9,030 Ratings
  1. "Sales Culture at its Peak"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Relationship Manager in Raleigh, NC
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Compensated well in bonus commissions

    Cons

    Extreme sales pressure without using the word 'sales pressure'

    Advice to Management

    Call a sales goal a sales goal. No need for verbal gymnastics

    Bank of America2020-01-17
  2. "Great company to work"

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

    I have been working at Bank of America full-time for more than a year

    Pros

    Work and life balance Excellent compensation

    Cons

    Different management depending on branch manager

    Bank of America2020-01-17
  3. "Mortgage Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Corporate Underwriter in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 8 years

    Pros

    Great benefits... Sense of inclusion and diversity

    Cons

    Work in cubicle farm 'Office Space'

    Advice to Management

    Practice ehat you preach.... They talk about doing the right thing for the customer but when push comes to shove policy prevails

    Bank of America2020-01-17
  4. "Opportunity to move around"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - PMO III in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Modernizing credit processes Opportunities to take on new roles Good people Good work culture

    Cons

    Very Corporate Open Work Concept is not conducive to credit work.

    Bank of America2020-01-17
  5. "Lost Focus"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Otr Drivet in Boca Raton, FL
    Doesn't Recommend

    I have been working at Bank of America full-time for more than 8 years

    Pros

    Benefits are the only reason to work there. And options for locations at branch level.

    Cons

    Focus is no longer on employee or customers. Bottom line is sales.

    Bank of America2020-01-16
  6. "Awful management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Commissioning Engineer in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Benefits are good compare to other industry

    Cons

    Bad management, micro manage, disrespectful

    Bank of America2020-01-16
  7. "Excellent place to work"

    StarStarStarStarStar
    Current Employee - Vice President 

    I have been working at Bank of America full-time

    Pros

    Flexibility and culture are the best

    Cons

    Burocracy can delay decision making

    Bank of America2020-01-16
  8. "bunch of politicians"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time

    Pros

    there is nothing worst environment

    Cons

    don't ask ..there are many..

    Advice to Management

    do you know even what is management..I couldn't found from last 2.7 years..hate this organisation from bottom of my heart

    Bank of America2020-01-16
  9. "In charge of sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Relationship Manager in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Ok pay for basics work work not worth the heartache

    Cons

    Lack of support from leadership

    Advice to Management

    Have well staff teams with reliable help

    Bank of America2020-01-16
  10. "Branch life"

    StarStarStarStarStar
     

    I worked at Bank of America

    Pros

    Great benefits and 401k match

    Cons

    Heavy pressure on product sales. If you are not good at sales stay away from the branch. Felt I had to beg clients to give me 9 or 10 on surveys. Associates game the system so clients that they don’t want to receive a survey won’t receive one. Management does not get a true reflection of what clients feel about the bank. Truthfully it’s not good. Systems never work probably. It’s embarrassing when you’re with a client and system goes down. So many layers of management. Micro managed. Hold times for support is ridiculous. Rates are so low on deposits products that it’s embarrassing to quote a rate. They make it difficult to hit goals. If you don’t hit them, then you’re shown the door.

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    Advice to Management

    Fixed Interact. Make it so associates can’t game system for good surveys and to get sales.

    Bank of America2020-01-16
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