Bank of America - The most incompetent, unethical and corrupt company you will ever find | Glassdoor

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There are newer employer reviews for Bank of America

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Helpful (2)

"The most incompetent, unethical and corrupt company you will ever find"

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

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

Pros

That I left the company without wasting any more time.

Cons

No pay for performance. People were being laid off from a department while their replacements were in the training rooms getting trained to take their places. This place is a revolving door. People hired and moved up into management who couldn't handle their entry level position. Management deliberately the underwriting of loans to keep the volumn of loan approvals down while approving other loans that had worse credit profiles. You will not find a lower more corrupt form of business.

Advice to Management

Clueless puppets

Other Employee Reviews for Bank of America

  1. "Business Support and Operations Manager"

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

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

    Pros

    You can create your own rotational program. Especially if you have project or consulting experience

    Cons

    Your salary is truly managed if you are home grown.

    Advice to Management

    Need more diversity at senior levels.


  2. Helpful (1)

    "Bank of America - Poor Corporate Structure, Almost No Incentive To Produce"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Austin, TX
    Former Employee - Personal Banker in Austin, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Exposure to the downfalls and failings of consumer banking in the United States

    Cons

    -Poor training
    -A constant push to drive unnecessary products on customers who had zero need for the product
    -Horrible management

    Advice to Management

    Engage your sales team and employees as if they were actual people. Treat them with respect and they might consider at least trying to achieve ridiculous goals laid out by head corporate officials.

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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