Bank of America - Flexible and great overall employment package | Glassdoor
There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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"Flexible and great overall employment package"

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

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

Pros

They value work life balance. Being one of the best palces to work, they offer so many personal benefits as well as carreer benefits.

Cons

If you absolutely dont like a role you still have to stay in role for 1 year before posting out internally. This can be miserable.

Other Employee Reviews for Bank of America

  1. "Good work-life balance, but not a place to get ahead"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Bank of America provides decent pay and benefits considering that they tend to hire very average employees. The schedule is flexible and there are plenty of vacation days. No one is expected to work late into the night. Once hired, there is very little chance that you will ever be let go, even if you have trouble producing adequate results.

    Cons

    If you are looking to work hard and advance your career aggressively, this is not the place for you. They favor experience and length of service over putting in extra hours, intelligence and business results. You will not be rewarded for doing an exceptional job. You will have to wait in line for your turn to be moved up, which will not come until everyone who has been there longer than you has been advanced. They never get rid of anyone. So if you happen to come into a group with people who can't perform their jobs adequately, expect your manager to simply shift that work to you and expect you to carry them. Everyone in the group will undoubtedly be compensated the same regardless.

    Advice to Management

    Focus on hiring, developing and advancing future stars in the organization. When it becomes clear that someone on the team is unable to adequately perform their duties, as hard is it may be, they must be removed from the team. Shifting their work to the other members of the team and then compensating everyone the same is devastating to morale and causing a major talent drain.


  2. Helpful (1)

    "Record profits = many employees out of jobs unnecessarily."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Data Entry in Greensboro, NC
    Former Contractor - Data Entry in Greensboro, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America as a contractor (More than a year)

    Pros

    Clean office environment, security surveillance onsite,

    Cons

    contract employees excluded from many activities which lowers morale of team as a whole. They expect you to contribute to so many different organizations, but the income they give you isn't enough to support yourself as well as donate constantly.

    Advice to Management

    Knowing every one of your employees names would be a plus. If you see someone every day for over a year..you should know their name.

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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