Bank of America - Solid company, with a lot of kinds to work out | 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)

"Solid company, with a lot of kinds to work out"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Banking Center Manager III in Passaic, NJ
Current Employee - Banking Center Manager III in Passaic, NJ
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

Outstanding benefits. Stability. Depending on geographic location, opportunity.

Cons

Salaries are midpack, disorganized systems in retail banking branches, constantly shifting priorities (frequently customer unfriendly), and additionally a serious product offering problem. Poor alignment of comp plan with real customer opportunities. Directionless management responsible for such ditties as the Countrywide purchase - the gift that keeps on giving.

Advice to Management

The company always stresses "the voice of the customer" but products frequently do not match the quality our competitors' in the marketplace. Perhaps the voice of the customer and associate should be paid more than just hollow lip service.

Other Employee Reviews for Bank of America

  1. Helpful (1)

    "In the area I work in, the management is very supportive and I'm really using my skills. Good work/life balance."

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

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

    Pros

    Work/Life balance is great. I feel very supported by management. I also have gotten a lot of recognition and exposure to executives. They have leveraged and developed my skill set. I have decent freedom with my time/location.

    Cons

    Too many meetings, lots of discussion, sometimes need people to just take ownership rather than push it away. Also need people to make good decisions rather than endlessly discuss everything as a team.

    Advice to Management

    Teamwork is great, but reward those who take ownership and establish a clear decision. Also, keep up the good work of being supportive and developing your team - it creates loyalty.


  2. "Great products, but large and hard to get things done"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President
    Current Employee - Senior Vice President
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 5 years)

    Pros

    Great capabilities. Good compensation. Good people.

    Cons

    Hard to get changes made.

    Advice to Management

    Delegate some power down so employees can make changes that will improve the company

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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