Bank of America - It's a good company to work for. | Glassdoor
There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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"It's a good company to work for."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Loan Closer in Phoenix, AZ
Current Employee - Loan Closer in Phoenix, AZ
Recommends
Positive Outlook
Approves of CEO

I have been working at Bank of America full-time (More than 5 years)

Pros

Medical, Dental, and Family Leave benefits are outstanding.
Plenty of paid vacation, sick days, and holiday time.
If you become long-term ill (3 months or more) you will have a job waiting for you once you are well.
A place for every level of ambition--if your goals are mainly outside of work, you will have time to pursue them. If you want to dive in and scale the corporate ladder you'll have opportunity to do that also. If you want to do extra work for your site, such as decorating, organizing birthday parties, helping with training, you can do that also.
Up to 5 hours per week paid to volunteer with United Way, Susan G Komen, or Habitat for Humanity.

Cons

Very large company, so there's lots of corporate hooey through the company intranet.
Employees who do not meet the standards in their role cannot transfer to a different one.
The quality of your work experience will often be dependent on your Team Lead.

Advice to Management

Find more ways to extend mentoring opportunities to everyday associates.
Create more positions for semi-retired associates and college students.

Other Employee Reviews for Bank of America

  1. "Mediocrity endures"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Manager in New York, NY
    Former Employee - Business Manager in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America full-time (More than 5 years)

    Pros

    If you love big banks BofA is a big bank. It's really tough to think of what is a great pro about investment banking. Compensation dropped every year and trying to move internally was very difficult. At least some of the people were good to work with. The 401K plan is nice.

    Cons

    Incompetent management, underpaid employees, terrible work / life balance, no perks, survival by attrition, soul crushing work and not being able to make an impact.


  2. "Satisfactory"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Technology Consultant in Charlotte, NC
    Current Employee - Risk Technology Consultant in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Culture, Work Life Balance and Benefits

    Cons

    Work may not be as challenging at times. No mentoring program - till you network.

    Advice to Management

    To actively be involved in their DR career aspirations

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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