Bank of America - Great company to work for | Glassdoor
There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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"Great company to work for"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Teller Operations Specialist in Silver Spring, MD
Former Employee - Teller Operations Specialist in Silver Spring, MD
Recommends
Approves of CEO

Pros

Opportunities for advancement.
They have the best software in the market, making work very easy and user friendly.
It is a good, strong company that invests lots of money in their R&D and in their software.

Cons

It's hard to transfer between departments. The compensation could be better compared to credt unions but you can negotiate a substantial amount if you are skilled at it. You get to deal with many angry customers. They are rigid about how they measure performance so you end up sounding robotic when talking to customers.

Advice to Management

Allow employees to transfer to other departments without relying on manager's for complete evaluation. When an employee is good managers can stand in the way of advancement.

Other Employee Reviews for Bank of America

  1. "Good pay and benefits, silly strategy."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Change Manager in Chicago, IL
    Former Employee - Senior Change Manager in Chicago, IL
    Approves of CEO

    Pros

    Good pay and flex time. Benefits are competitive.

    Cons

    Cult-like culture. Not sure about the strategy in acquireing floundering companies like Merrill and Countrywide - ouch!

    Advice to Management

    Look before you leap. You are not too big to fail!


  2. "LaSalle was a good place to work but suffered from lack of strategic focus and strong executive leadership."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President of Finance in Chicago, IL
    Former Employee - Vice President of Finance in Chicago, IL

    Pros

    Strong brand name in chosen market with a high degree of customer focus. Compensation and benefits were above average. Strong financial systems and very good analytical tools.

    Cons

    Foreign owned. Executive management competancy and leadership was not as good as it could have been. The company talked about a commitment to work-life balance but did not live up to it. Organization tended to be in a constant state of flux with numerous reorganizations. Opportunities to move into different roles were limited and the criteria for promotion/title changes were not consistent across functions or even within functions. Communication within company was not as good as it could have been.

    Advice to Management

    Increase strategic focus and improve executive leadership. More consistent criteria for promotion across the organization.

There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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