Bank of America Reviews in United States | Glassdoor

Bank of America US Reviews

Updated September 24, 2017
9,417 reviews

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United States

3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
4,188 Ratings

9,417 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. Helpful (99)

    "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.


  2. "Awesome job with great benefits and schedule."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Miami, FL
    Current Employee - Relationship Manager in Miami, FL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Schedule and benefits are the best part of the job since it gives you so much flexibility this makes it easy when one needs to go in vacation as well as the daily schedule.

    Cons

    Can be stressful due to the goals but the compensation for making the goals pay off although the stress can be quite impactful.

  3. "Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Cons Prod Analyst in Plano, TX
    Former Employee - Business Cons Prod Analyst in Plano, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Great benefits, vacation and sick time. Multiple opportunities to advance from within.

    Cons

    no cons that I can think of.


  4. "BAC Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Program Manager in Fort Worth, TX
    Former Employee - Program Manager in Fort Worth, TX
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Overall BAC was a good place to work. I was able to take advantage of the "my work" program which allowed me to work from home. This program was the largest benefit to me.

    Cons

    To often the companies bureaucracy would delay progress. I found that you had to convince leaders independently before setting a meeting with all leaders to approve of the change.


  5. "B of A Merrill Lynch"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - GWIM Operations Team Manager in Jacksonville, FL
    Current Employee - GWIM Operations Team Manager in Jacksonville, FL
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time

    Pros

    The company has good benefits, and is involved in the community.

    Cons

    Hard to get business enhancements done due to lack of funding. The company tolerates poor performance.


  6. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Dallas, TX
    Former Intern - Anonymous Intern in Dallas, TX
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Very interesting and rewarding too.

    Cons

    Management can definitely do better for vacations.

    Advice to Management

    Keep up the good work


  7. "Upper Level doesn't get involved with lower level"

    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
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Big company with a lot of perks. Many discounts offered and employee banking is a huge plus.

    Cons

    Senior Leaders make decisions on positions but were never in the trenches with the employees they lead.

    Advice to Management

    Promote from within more. You have people that want to move up. You have already invested in employees with training. Use them!

  8. "Vice President - Technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Approves of CEO

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

    Pros

    Healthy work environment with very employee friendly HR policies and good benefits.

    Cons

    Too frequent reorganizations and changes to operating structure.


  9. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in New York, NY
    Current Employee - Relationship Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Promotes from within, and cares about employee career goals and line of business preferences. Leadership typically knows what they are doing, and they are able to distill corporate jargon into actionable objectives.

    Cons

    It's a big company, so there is lots of Koolaide to drink. Employees at this level are usually working a job, not a career.

    Advice to Management

    Digital initiative are good, and very important for the future of the company, but they should not come at the expense of the associates.


  10. "Career Navigator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Hartford, CT
    Current Employee - Manager in Hartford, CT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Incredible overall compensation package (salary + health benefits + employee discounts)!

    Cons

    Difficult to differentiate your performance due to number of employees. Completing tasks which can not be measured is not always recognized.

    Advice to Management

    Set reasonable and attainable expectations for associates.


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