Bank of America - Belt tightening and often short sighted decisions, but solid benefits and work life balance overall | Glassdoor
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There are newer employer reviews for Bank of America

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"Belt tightening and often short sighted decisions, but solid benefits and work life balance overall"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Systems Engineer in Charlotte, NC
Current Employee - Systems Engineer in Charlotte, NC
Recommends
Positive Outlook
No opinion of CEO

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

Pros

Solid benefits package (though less so than 10 years ago). Diverse opportunities within the company. Acknowledgement of need for work life balance and typically strive to make that possible.

Cons

New management pushes once a year it seems, based on current popular management trends. Levels of bureaucracy involved in all aspects of work (in Technology, at least).

Advice to Management

Create a road map and driving vision within the company again. Reduce the red tape that is involved with accomplishing tasks. Improve utilization of off-shored positions - shared teams off-shore with no direct management from teams can make it difficult to coordinate.

Other Employee Reviews for Bank of America

  1. "Very Theory X management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Orange, CA
    Current Employee - Personal Banker in Orange, CA
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great benefits, decent pay, looks good one resume

    Cons

    Sr. Management is very theory x, don't want to hear feed back from employees on how to improve processes, either you hit your goal or you'll be punished, belittled, and your entire market will know.

    Advice to Management

    Listen


  2. Helpful (1)

    "Company that really needs to focus on what they want to do and how they will define their presence in the mkt place"

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

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

    Pros

    Flexibility to work viritually and freedom of working in the field.

    Cons

    Poor operational model with very little logistical focus and lack of succession model planning for business bankers to execute business objectives.

    Advice to Management

    Focus on actual production feasibility and provide stronger communication within operational objectives.

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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