Bank of America Reviews in Washington, DC | Glassdoor

Bank of America Washington Reviews

Updated July 24, 2017
49 reviews

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Washington, DC

3.3
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
23 Ratings

49 Employee Reviews

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Pros
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More Pros and Cons

  1. "High Goals. Great commission structure. Must be hungry"

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

    Pros

    Great benefits package
    great commission plan

    Cons

    consistently raising goals
    promotions always change


  2. "Some Good, Some Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Washington, DC
    Current Employee - Relationship Manager in Washington, DC
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good Benefits
    Hire from within
    Competitive Pay

    Cons

    Overworked

    Too many emails

    Metrics for success change constantly

    One Team meetings are the worst. Manager ask for commitment between Merrill Edge and Retail Banking Employees, which is completely illegal.

    As an Relationship Manager I answer to 3 people directly, and,1 person in directly.

    Advice to Management

    What difference does it make?

  3. "short-handed in the banking center"

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

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

    Pros

    great health benefits, nice coworkers, good manager

    Cons

    We were short-handed all the time. When I joined the bank, there were 3 tellers;then only 1.5 tellers, now there is only 1 teller left the bank. It is hard to manage clients during lunch time. Also, since Toss and Operation Managers are eliminated in the market. There is not too much move upward opportunities for tellers who are good at operation. Moreover, IT support is very limited and the technology is old.

    Advice to Management

    Ideally I would say more staff but in reality......


  4. "Personal Banker"

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

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

    Pros

    Flexibility, on the job training, upward mobility

    Cons

    Numbers driven, not many incentives or pay raises

    Advice to Management

    Better Communication


  5. "Bank of America"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Center Manager in Washington, DC
    Former Employee - Financial Center Manager in Washington, DC
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Decent benefits
    Nice staff
    customer facing and acyive

    Cons

    Management changes too often and does not respect prior commitments
    somewhat abusive upper management
    opaque human resource and complaint system
    no consistency

    Advice to Management

    human resources needs to build out whistleblower security group that does more than damage control for the bank - but actually protects employees from serious issues like sexual harassment and other issues that are not financial crimes
    culture is not sustainable
    received personal gratitude from Moynihan but could not get help when needed


  6. "Consultant"

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

    Pros

    The people and the job is great.

    Cons

    I've not found anything yet that is a con.


  7. "Merrill Lynch Banking Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Bank of America (More than 8 years)

    Pros

    Great work environment with good benefits.

    Cons

    Too much change at a moment's notice.

  8. "Senior Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Teller in Washington, DC
    Former Employee - Senior Teller in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Working non stop from the morning till close.

    Cons

    pay is low, became tired end of the day..

    Advice to Management

    too much pressure


  9. "Relationship Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Banker in Washington, DC
    Current Employee - Relationship Banker in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great company to work for. There are great benefits at Bank of America and it has really helped out over the years in building my career.

    Cons

    No nothing strikes me as a negative within this company. You just have to have the willingness to learn and the right leaders


  10. Helpful (2)

    "Not personally rewarding"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Washington, DC
    Former Employee - Senior Vice President in Washington, DC
    Doesn't Recommend
    Negative Outlook

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

    Pros

    People are very nice, work can sometimes be very interesting, big bank with resources, work/life balance is pretty good. that is about it.

    Cons

    Managment is terrible, always changing policies. Compensation is terrible and then they tell you that you are lucky to have a job. A "yes" place where anyone who questions anything is beaten into submission. Not much ability to advance. You will have no soul left after working here.

    Advice to Management

    listen to the rank and file, don't treat your employees like needless expenses, make people feel more valued and that their opinion matters.


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