Bank of America - Huge opportunity but frustrating middle managers. | Glassdoor
There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

"Huge opportunity but frustrating middle managers."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Mortgage Loan Officer in Santa Monica, CA
Current Employee - Mortgage Loan Officer in Santa Monica, CA
Recommends
Positive Outlook
Approves of CEO

I have been working at Bank of America full-time (More than 3 years)

Pros

More business and opportunity than one can handle.

Cons

Employee benefits are out dated.

Advice to Management

Make a better work experience for your employees. Take some clues from the tech giants like google and facebook.

Other Employee Reviews for Bank of America

  1. "New brand is great for customers, work culture devalues retail associates."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales and Service Specialist in Boston, MA
    Current Employee - Sales and Service Specialist in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Solid brand, distinct universally applied procedures, strong training programs and good diversity across the company.

    Cons

    Advancement not based on meritocracy, high middle management turnaround, company devalues retail banking employees unless they are extremely high performing salespeople. The hardest working are often the least paid.

    Advice to Management

    Pay close attention to who actually does the work in your individual banking centers, cull the deadweight managers and lift up the hardworking individuals who are doing their jobs.


  2. "Great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Paid for job performance. Great benefits. Excellent training. 401k, flexible vacation, 10 days paid sick leave, partial reimbursement for child care, 12 weeks pd maternity leave, Compensation includes incentive plan. Company has great technology.

    Cons

    Currently closing offices in smaller communities. Goals can be challenging. Job can be stressful. Heavy work load. Micro managed.

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