Bank of America - Like a clock on a wall...always moving, but never going anywhere | Glassdoor
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There are newer employer reviews for Bank of America

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Helpful (1)

"Like a clock on a wall...always moving, but never going anywhere"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook
No opinion of CEO

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

Pros

Knowledgeable staff; above average employee benefits; lots of opportunities for community service; generally fair work/life balance

Cons

bureaucratic structure - can sometimes be difficult to get things accomplished; compensation is below market - COLA vs raise; promotions are rare and often come with increased responsibility without an increase in comp

Advice to Management

give more autonomy to people to get things accomplished; reward hardworking and high-performing associates with more than just occasional verbal praise;

Other Employee Reviews for Bank of America

  1. Helpful (1)

    "Bank of America tries hard to strive for Work/Life Balance and provide growth opportunities but has fallen short."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America full-time (More than 10 years)

    Pros

    Coworkers. Fast Paced. No 2 days are alike.

    Cons

    Lack of training, work/life balance issue, poor upper management, too much red tape and hurdles to jump over for approvals and funding. Not on the cutting edge of technology.

    Advice to Management

    The Merrill Lynch work ethic has taken over since the acquisition and I don't mean that as a positive comment. Work/Life balance got thrown out the window. Too much emphasis on face time and not enough and actual results and accomplishments. Need a housecleaning across the top 3-4 levels of management to bring in new ideas and current technology.


  2. "Solid company, but surround yourself with the right people"

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

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

    Pros

    -Career opportunities
    -Flexible work
    -Benefits (health insurance, 401k, etc.)

    Cons

    -Geographic flexibility
    -Have to surround yourself with the right people

    Advice to Management

    Value your college graduate hires by making sure you assign them to high-quality managers.

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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