Bank of America - Worthwhile | Glassdoor
There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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Helpful (1)

"Worthwhile"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Modification Underwriter in Fort Worth, TX
Current Employee - Modification Underwriter in Fort Worth, TX
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

Low level managers are good to work with and encourage having fun while at work. Overall the environment and my experience has been good (in comparison to other places i've worked). Though the company has posters everywhere indicating the desire to make this "The Best Place to Work". I think the company has a long way to go.

Cons

In the most recent few years, income has gone down significantly. Career path is controlled by the company. Management can squelch any attempt to change jobs. Opportunities to gain certifications are limited to a few so career growth is controlled. Not many opportunities to advance career because company has been shrinking the past few years. Advancement is based on band levels (like the military). However, band levels are inaccurate. Myself having over 7 years of experience and the one training the new kids out of college has a lower band level than those being brought in. They are the ones with the opportunities for growth. Pension was cut.

Advice to Management

Reward those who've dedicated more time to the company. Work on the band levels and make them fair. Provide a clear path for growth to allow people to increase in value and demand as they continue their career. Stop cutting benefits and wages while paying your investors and management more based on the increased profit from those cuts.

Other Employee Reviews for Bank of America

  1. "This is a cut-throat company with and emphasis on popularity instead of skill set"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Policy Lead in Chandler, AZ
    Current Employee - Global Policy Lead in Chandler, AZ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Salary was satisfactory for a consultant

    Cons

    No matter how hard you work and do your job, there is no recognition

    Advice to Management

    Need to remove the good old boy club for this company and need to put an emphasis on skill set to get the job done. Need for senior level managers to regulate the spending activity and management in general of contractors under their wing. Abusive and discriminatory.


  2. Helpful (1)

    "Great people and good opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriting Manager in Los Angeles, CA
    Current Employee - Underwriting Manager in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    ethical, honest, work hard to achieve results

    Cons

    lots of hours and tedious corporate policy

    Advice to Management

    Get rid of bad attitudes and hire talent


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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