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"

Star Star Star Star Star
  • 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. Helpful (2)

    "Absolutely the WRONG way to run a company in the 21st century"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing and Sales Specialist in Scranton, PA
    Current Employee - Marketing and Sales Specialist in Scranton, PA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Full time benefits, employee benefits

    Cons

    To much micromanagement, too much presure to sell, not even following their own GUEST standards for their employees, managers spending too much time doing HR duties, no flexibility in employment, ancient computer systems with patchwork fixes, inflexible rules, no discernable heirarchy of command, training sporadic, work schedules subject to change without adequate notice, pay no commensurate with level of responsibility.

    Advice to Management

    Employees should have more choice in every aspect of their employment. Training should incorporate best educational practices of the 21st century. Company should invest in modern technology.


  2. "Business Support and Operations Manager"

    Star Star Star Star Star
    • 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.

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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