Bank of America Project manager Reviews | Glassdoor

Bank of America Project Manager Reviews

Updated Oct 1, 2019

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Found 244 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
72%
Recommend to a Friend
70%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
122 Ratings
  1. "Overall positive organization"

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

    I have been working at Bank of America full-time for more than 10 years

    Pros

    Inclusive organization that is globally responsible and actively participates in the community.

    Cons

    Advancement can be a challenge if you are low to mid level employee.

    Bank of America2017-10-13
  2. "Your just a number"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Information Technology Project Manager 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America full-time for more than 10 years

    Pros

    Salary compensation was ok.

    Cons

    Typical corporate bureaucracy. You're just a number in the end, doesn't matter how many years of service you have in.

    Bank of America2017-08-08
  3. "IT Project manager"

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

    I worked at Bank of America full-time for more than 5 years

    Pros

    Good people to work with. Moderate red tape for such a large organization. Competitive compensation and benefits. Good variety of options for office location (in Charlotte HQ), including uptown, satellite and drop in sites in Ballantyne (south Charlotte).

    Cons

    Telecommuting was becoming less and less of an option in the last few years. Merging of Global Tech operations with parallel Merrill - Lynch leadership centered in NY/NJ was creating stress amongst Charlotte staff. Can be difficult to gain visibility and achieve promotion without constant job hopping.

    Advice to Management

    Moderate perceived management "change for the sake of change" I executive leadership. Frequent executive reassignment has leaders implementing operational change and moving on without seeing initiatives through. Creates an environment of perpetual change with little of the stated benefits being achieved.

    Bank of America2017-07-18
  4. "Working At Bank of America"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Manager in Las Vegas, NV
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Good benefits, potential for advancement.

    Cons

    Typical Corporate America; too much time spent on items which don't matter.

    Advice to Management

    Become more efficient.

    Bank of America2017-07-06
  5. "Great Benefits"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Manager 
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Benefits, paid time off, and benefits.

    Cons

    Pretty much everything else. I have worked here for almost nine years and no matter what line of business I'm in, executive leadership is a very condescending group that manages out of fear. There are definitely exceptions to this, but definitely rare to find. Leadership, organization, and prioritization are lacking at Bank of America (on the Merrill Lynch side too).

    Advice to Management

    Positive reinforcement.

    Bank of America2017-06-29
  6. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Technical Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Bank of America full-time for more than 10 years

    Pros

    Upward mobility is available if you stay visible and can quickly adjust to change.

    Cons

    Fast turnover rate for employees. Twice a year job cuts.

    Advice to Management

    Don't allow manager favoritism drive the reduction of staff.

    Bank of America2017-06-22
  7. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Senior Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great company, Great work/Life balance

    Cons

    job advancement could be better

    Bank of America2017-05-30
  8. Helpful (1)

    "Good Company with Great Benefits"

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

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

    Pros

    Lots of opportunities to move around and go to different roles. Company is sort of structured like a consulting firm in that way. Very good parental leave policy (16 weeks paid leave). Good company benefits.

    Cons

    Very large organization. Can take time to have decisions made. Rarely are you making decisions in a silo, and must include several business or support partners, which can lengthen the process.

    Advice to Management

    Keep up the employee engagement surveys. Continue with the MyWork program as that is a great benefit for employees as well.

    Bank of America2017-05-24
  9. "Interesting Experience"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Technical Project Manager in Simi Valley, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America for more than a year

    Pros

    Allowed to work from home is a nice benefit.

    Cons

    Permanent staff are stressed out regularly about a lot of organizational changes happening all the time.

    Advice to Management

    None.

    Bank of America2017-05-25
  10. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Project Manager in Los Angeles, CA

    I worked at Bank of America for more than a year

    Pros

    Telecommuting a big plus. Save on Travel.

    Cons

    Team spread out too far, very little personal interaction

    Bank of America2017-04-20
Found 244 reviews