Bank of America - Bloated bureaucracy | Glassdoor
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There are newer employer reviews for Bank of America

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"Bloated bureaucracy"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Pros

Opportunity to learn what is important to you - meaningless politics, bureaucracy? If so, you are in the right place!

Cons

Nothing ever accomplished. There is no big picture - just petty "executives" trying to run their kingdoms.

Advice to Management

Develop skills beyond backstabbing, bad-mouthing and gossip.

Other Employee Reviews for Bank of America

  1. Helpful (2)

    "Getting Stronger"

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

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

    Pros

    Competitive products for clients, very open to using technology to improve associates job processes as well as client accessibility

    Cons

    Consumer LOB is still focused on widget pushing. They are not given any business acumen to allow them to see the why behind what they are supposed to be doing. This is a direct reflection of their middle management.

    Advice to Management

    Spend time developing talent within the Consumer LOB instead of hiring ex-retail employees with no college education. Customers expect the people who handle their money to have some idea of what is happening in the business world not to just spout the lines they have been given. When the consumer segment is elevated to the level of the rest of the company, it will be unstoppable.


  2. "Analyst"

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

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

    Pros

    Fair culture in my group of rewarding top performers. People expected a lot but also appreciated hard / high quality work. Better culture in Charlotte than NY.

    Cons

    Work-life balance not great, though not any worse than other banks. Group organizational restructurings seemed to happen every few months

    Advice to Management

    Be consistent with organizational structure

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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