Bank of America - 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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"Good Company to work for"

Star Star Star Star Star
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

Pros

Good Pay and great benefits.

Cons

Management was not the best.

Other Employee Reviews for Bank of America

  1. Helpful (1)

    "Lots of changes"

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

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

    Pros

    This is a company that one stays with forever! If you're looking for a career and a interested and growing with a company this may be the place for you. If you do not have any prior banking experience, No Problem. The starting position is a Teller. Lots of customer contact. Expectation is to delight and uncover needs for the customer. So please know, this too is a sales role.

    You can only move up from there.

    The bank is also a great place for Part timers or students. The work-life balance can be better but most managers are pretty flexible with you

    Cons

    There seems to be a bit of disconnect with upper management and retail stores. Retail stores (or what you may know as the bank) see thousands of customers a month. The banks priorities seem to be changing constantly. It's difficult to know what your focus should be day to day. It is definitely becoming a company that is more sales driven.( ala wells fargo, ugh) So, if you do not like sales. This is not the place for you.

    If you're looking to get out of sales and into a different role within the company or start out in a non sales role, Good Luck. Seems like most roles are again mostly sales, and also you you may need to have a lot of exposure to get into any other role. Most of the administrative roles are filled by lifers as are the audit team roles.

    Advice to Management

    Know what is like in all your stores. I understand that retail banking is not the money maker. but please do not rely on what your senior associates tell you what it's like. Retail banking can be a war zone at times.


  2. "Lots of potential for upward mobility if aligned with a good mentor."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trust Associate
    Former Employee - Trust Associate
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Generous education budget, best-in-class working conditions. This institution attracts well educated, tenured talent. Take advantage of internal course offerings and reimbursement for continuing education and financial designations. Well developed and conceived roles within each of the departments. Ample opportunity to broaden skill set through cross training opportunities which arise from time to time.

    Cons

    Easy to get buried in minutiae, bureaucratic architecture in some departments. It pays to do your homework and research any position which you may consider interviewing for, whether internal or external. Roles within certain departments may decentralize or restructure with little to no notice and you can find yourself looking over your shoulder. Operational roles are subject to frequent and unexpected restructure.

    Advice to Management

    Back office procedures need streamlining and consolidation.

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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