Bank of America

  www.bankofamerica.com
  www.bankofamerica.com

Bank of America Reviews

Updated 24 October 2014
Updated 24 October 2014
6,779 Reviews
3.3
6,779 Reviews
Rating Trends

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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2,899 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 402 reviews)

  • They have a program called MyWork which allows you to work from home or from any location (in 218 reviews)


Cons
  • Work-life balance seems to be skewed towards work side more often than not (in 166 reviews)

  • upper management failed to listen to the lower ranks often missing oppertuinitys (in 182 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Work culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America full-time

    Pros

    Work life balance, Good Pay master, Learning opportunities

    Cons

    personal growth, not much end to end ownership

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Smooth and Peaceful Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Analyst in Chennai
    Current Employee - Lead Analyst in Chennai

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

    Pros

    Challenging growth but based on the division you work, Very very flexible timings, WFH option, Compensation, extra amenities out of your CTC like Office Cab, Mobile reimbursement, Meal Card,

    Cons

    Senior management sucks a bit as seen in most of the companies

    Advice to ManagementAdvice

    The middle part of the organization is bit bulged as they always don't care about the ratio of senior developers to junior developers and hence balance is not maintained.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    SAS PROGRAMMER (TD)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - SAS Programmer (TD) in Hyderābād
    Former Employee - SAS Programmer (TD) in Hyderābād

    I worked at Bank of America full-time (more than 5 years)

    Pros

    Good platform to start career

    Cons

    Continuous work at BACI is monotonous.

    Advice to ManagementAdvice

    Too many TD's at work without further oppartunities

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Good company to work for those looking work-life balanced environment.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Chennai
    Current Employee - Analyst in Chennai

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

    Pros

    Good annual perks
    Employee benefits other than normal options free cab facility, sodexo, fixed pay.
    Quarterly team get together.
    Yearly offsite
    Have great fun environment to work.

    Cons

    No onsite travel.
    Learning is minimum

    Positive Outlook
    Approves of CEO
  6.  

    Employee Friendly Organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Hyderābād
    Former Employee - Anonymous Employee in Hyderābād

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

    Pros

    Transparency, Good Management, World class facilities, Good learning and great system which would help you grow in your career

    Cons

    Legacy outlook , People resistant to change,

    Advice to ManagementAdvice

    Reduce Expectation VS delivery , Groom Leadership

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Bank of America India

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Mumbai
    Current Employee - Assistant Vice President in Mumbai

    I have been working at Bank of America full-time (more than 5 years)

    Pros

    1. Good work environment
    2. Friendly people all around
    3. Recogition of hard work
    4. Competitive Compensation - at par with industry peers
    5. Open to new ideas - very responsive
    6. Encourage intrapreneurship

    Cons

    1. Very heavy workload
    2. Understaffed / Inappropriately staffed teams
    3. Work Life Balance mainly lip service
    4. Siloed structure creates barriers and leads to frustration

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Not a best place for fresher

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Technical Associate in Hyderābād
    Former Employee - Senior Technical Associate in Hyderābād

    I worked at Bank of America full-time (less than an year)

    Pros

    1) Good pay
    2) No pressure in work
    3) Good job security
    4) Good work life balance

    Cons

    1) work is not too challenging
    2) average age of employees is more than 35, So u can see things going very slowly and lazy work culture
    3) No innovative projects. Main focus is on security policies.
    4) Poor management

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Good work culture

    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Bank of America

    Pros

    Flexible management and office facilities

    Cons

    Salary growth, promotions, leave policy

  10.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Analyst in Hyderābād
    Current Employee - Systems Analyst in Hyderābād

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

    Pros

    Work Life Balance
    Gwoth will be there, but slow

    Cons

    No onsite opportunities
    Not pay master

    Advice to ManagementAdvice

    none

    Recommends
    No opinion of CEO
  11.  

    Good and Stable place to work but don't expect very attractive salaries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Applications Programmer Analyst in Gurgaon, Haryana
    Former Employee - Senior Applications Programmer Analyst in Gurgaon, Haryana

    I worked at Bank of America full-time (more than 3 years)

    Pros

    Stable, employee friendly, good work-life balance in most of the projects, very friendly environment for women employees, Good internal mobility options and offers all types of jobs that you can get in a IT / Financial organization

    Cons

    Salaries not at par with its peers, management and delivery responsibilities are very US centric

    Recommends
    Neutral Outlook
    Approves of CEO

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