Employee Review
- Former Employee★★★★★
BOA
Feb 1, 2023 - Oracle Database Administrator ArchitectRecommendCEO ApprovalBusiness OutlookPros
the company has excellent teamwork
Cons
the company could increase pay and benefits
Other Employee Reviews
- Current Employee, more than 1 year★★★★★
Good pay, unmanageable work load
Mar 31, 2023 - Financial Assistant in Miami, FLRecommendCEO ApprovalBusiness OutlookPros
Well known company in the banking industry
Cons
Unmanageable work load and not enough incentives
- Former Employee, less than 1 year★★★★★
Be prepared to work overtime and be stressed out
Mar 29, 2023 - Relationship BankerRecommendCEO ApprovalBusiness OutlookPros
NONE. If you want to succeed in banking, please go somewhere else. (Advice from someone who worked in another bank before this one, and who regretted leaving it from day one)
Cons
The company has a high turnover rate, and this is why: 1) Management is very strict. They hire bosses, not leaders. They will not care if you have a good idea, since they will follow their own agenda by caring only about customers vs. their own people. 2) They no longer offer incentives with sales, and now the goals are based on what they call "client experience" --- You will find out about some ridiculous rules that come with this. 3) Centers are very short staffed, so they will move you around and expect you to work overtime, including Saturdays. --- (Also, if you're lucky, you'll have a 30 min lunch at a decent time. If not, you will not eat at all) 4) Since they removed the teller position, you'll be handling both teller & banker positions at the same time. --- (While at other banks you get paid for only one position, at BOFA you will get paid around $2 dollars above the average banks in the market, but you will be doing 2 positions at the same time) 5) The benefits are overrated, so don't trust someone who tells you to work here for the "great" benefits. Not worth it