Bank of America - Highly reactive company. | Glassdoor
There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

Helpful (1)

"Highly reactive company."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Auditor I in Dallas, TX
Former Employee - Auditor I in Dallas, TX
Recommends
Neutral Outlook
Disapproves of CEO

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

Pros

Job security is probably the best reason.

Cons

The company is highly reactive. They do not proactively seek out issues and upper management is trained to give canned responses. Additionally, the work is very mundane and does not stimulate innovation or creativity. Boredom is a definite issue.

Other Employee Reviews for Bank of America

  1. "Great company with excellent benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - National Production Support in Atlanta, GA
    Former Employee - National Production Support in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Competitive salary and benefits. I was in a work from home job the last 2 years employed which really cant be beat.

    Cons

    401k really din't have much in the way of fund selection. I've read that this is pretty much standard for the banking industry. There is just too much money to be made back by offering mediocre funds and hoping you will buy the banks funds which tend to under perform the market and have high fees to boot. They also rely on out sourced labor so be prepared to be jettisoned if they deem you replaceable.

    Advice to Management

    I still own BAC stock so keep up the out sourcing and continue to drive profits up but be aware that the offshore labor you hire are contractors. The don't work for the bank. They are loyal to the contractor company that prints their paychecks and will immediately jump ship for a higher paying gig at first opportunity.


  2. Helpful (1)

    "Mixed Review"

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

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

    Pros

    Versatile company full of talented professionals

    Cons

    Very clickish and politics and relationships overall performance

    Advice to Management

    Ensure that associates are promoted and recognized by performance not by who they know

There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

Work at Bank of America? Share Your Experiences

Bank of America
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or