Bank of America - No promotions for EVERYBODY | Glassdoor
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Helpful (1)

"No promotions for EVERYBODY"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Teller
Current Employee - Teller
Approves of CEO

I have been working at Bank of America part-time

Pros

Material to train and educate yourself on financials is available, but only while at the bank. 5% 401(k) or ROTH match is great.

Cons

There are no bonuses for Tellers. We are the ones who get more than 50% of the sale done (talking and convincing the client to sit with a Specialist or Personal banker to open a new account, credit card, mortgage, refinance, etc...) yet as a teller you get $0, and the Specialist or Personal Banker get around $20 per new sale, on top of their salary.

So you work hard to get the promotion and become a Sales and Service Specialist or PB. You hit your goals and are in good standing, ask for a promotion at your branch or at many of the other branches in the city and there's an excuse...yet, they promote someone else that didn't beat your numbers, so what's going on? oh, the other person has the "all american look"
So pretty racial.

Other Employee Reviews for Bank of America

  1. "Analyst"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great benefits and hours. Relatively good pool of opportunities.

    Cons

    Low moral and overall negative and toxic environment

    Advice to Management

    Please communicate with your team and build better relationships


  2. "Sr. QA Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    I have been working at Bank of America full-time

    Pros

    The people in my department are very knowledgeable and experienced. I've learnt a great deal from them!

    Cons

    Upper Management likes to run a lean operation. While this may be sound business practices, it makes for a horrible SDLC environment. Due to lack of resources (personnel) Systems Analyst are performing regression testing, rather than mandated SIT, Systems Testing just to make sure the product is deliverable in a timely manner.

    Advice to Management

    Cut down on your extravagant lunches with other executive members, in turn you'll save enough money to hire and maintain an efficient workforce.

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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