Bank of America - Company that cares | Glassdoor

Find your next job here

There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

"Company that cares"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Banking Center Manager
Current Employee - Banking Center Manager
Recommends
Positive Outlook
Approves of CEO

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

Pros

Great Pay
Great Benefits
Cares about employees
Customer Driven
Strong Corporate Portfolio
Doesn't take size for granted - (doesn't believe in being too big to fail)

Cons

Bank of America doesn't approach the view and opinion that people have of them. It would be helpful for them to approach and defend themselves.

Advice to Management

Continue to care for your employees! They will treat your customers even better the more they feel appreciated!

Other Employee Reviews for Bank of America

  1. Helpful (6)

    "Very bad experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor - PMD
    Current Employee - Financial Advisor - PMD
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Not many that I can think of

    Cons

    Cons – Unless you come from a wealthy family or have an existing large net work of wealthy prospects you will fail the program. You will be expected to cold call all day in an age where cold calling is passé . The program is designed for failure, very few PMDs graduate. Production goals increase dramatically after about a year and quarterly thereafter and are nearly impossible to meet. The company hopes that any clients you bring in with assets will be retained and divvied out to veteran advisors after you are fired for not meeting production goals. Micro management to the extreme is the norm. Been in the program for over two years and only one PMD has graduated. Seen many come and go. After graduation if you have clients with less than $250,000 assets you will not get paid on their accounts. You can be fired at any time with little or no notice. You may have to sign a form stating that if you are with cause or quite before two years are up after receiving your production number you will have to repay training costs which are considerable. Stress levels are extreme. No work life balance. You are expected to work long hours with no overtime pay or additional compensation.

    Advice to Management

    Fix your program


  2. "Working for the organization was a complete nightmare"

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

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

    Pros

    There was nothing positive to say about this organization

    Cons

    Bank of America consists of nothing but cooks and thieves. The Government should have B of A shut down.

    Advice to Management

    You should all be ashamed of yourselves for what you are doing to the American people

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