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

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Helpful (1)

"Worthwhile"

StarStarStarStarStar
  • 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. "I've always felt valued and enjoyed the experience"

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

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

    Pros

    Fast paced environment, great benefits, lots of resources to leverage to complete tasks, great company perks, fair employee compensation, and ample growth opportunities.

    Cons

    Obviously there is a lot of uncertainty around the banking industry, which makes it difficult to swallow. Management can offer no assurances that you job will not be eliminated in the next week.


  2. "Great first corporate job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Agent in Plano, TX
    Former Employee - Insurance Agent in Plano, TX
    Recommends
    Neutral Outlook

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

    Pros

    Great benefits and time off

    Cons

    It's hard to move up there if you're good at your current position.

    Advice to Management

    Work with your employees career plan more.

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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