Bank of America - Great ideals -- but not always lived up to | Glassdoor
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There are newer employer reviews for Bank of America

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"Great ideals -- but not always lived up to"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Contractor - Project Manager
Former Contractor - Project Manager
Recommends
Negative Outlook
Approves of CEO

I worked at Bank of America as a contractor (More than 3 years)

Pros

Worked with many talented people. Great company values.

Cons

Not ideal for contractors. They pay below market rates for contract work because there are so many people looking. Poor planning will sometimes cancel projects and dump contractors at a moment's notice. During the banking crisis, when they were busy giving cushy bonuses to Merrill employees, they actually lowered the rates for all the contractors in my unit in the middle of their contracts.

Advice to Management

Live up to your values. Don't hire contractors and lower their rates in the middle of contracts. Abandon the silly 18 month limit to carrying contractors.

Other Employee Reviews for Bank of America

  1. "Experience at BofA"

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

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    They are working toward clearing the inventory of troubled mortgages acquired from Countrywide.

    Cons

    More time could be given to training.

    Advice to Management

    ..


  2. "VP Programmer"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good exposure to banking if you new.

    Cons

    Too structural and creativity may not have outlet.

    Advice to Management

    Be open to employees input.

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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