Bank of America - Bank of America tries hard to strive for Work/Life Balance and provide growth opportunities but has fallen short. | Glassdoor
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There are newer employer reviews for Bank of America

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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.

Other Employee Reviews for Bank of America

  1. 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;


  2. "A decent experience but could use much improvement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in Houston, TX
    Former Employee - Investment Banking Analyst in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time (More than a year)

    Pros

    Great brand name, bulge bracket experience and solid deal flow. Lots of smart people.

    Cons

    Bad work/life balance, office politics, poor placement at buyside shops

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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