Bank of America

www.bankofamerica.com
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Bank of America Reviews

Updated 1 March 2015
Updated 1 March 2015
7,753 Reviews
3.3
7,753 Reviews
Rating Trends

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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,308 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 417 reviews)

  • They have a program called MyWork which allows you to work from home or from any location (in 223 reviews)


Cons
  • Work/life balance was a little tough but you are going to get that anywhere to be honest (in 180 reviews)

  • upper management failed to listen to the lower ranks often missing oppertuinitys (in 184 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    excellant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Systems Adminstartor in Hyderābād
    Former Contractor - Systems Adminstartor in Hyderābād

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

    Pros

    good company and good environment

    Cons

    you have to work in multiple teams

    Recommends
    Positive Outlook
  2.  

    Software Developer / Backend Developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer in Mumbai
    Former Employee - Software Developer in Mumbai

    I worked at Bank of America part-time (more than a year)

    Pros

    Goop people and helpful Bosses. There are not much employees as suck in software department as such but the ones there are helpful and easy going.

    Cons

    There are no cons that i can describe as such because i was only employed for 1 year. The people here are not familiar with technology much so it is hard to tech them what you are doing.

    Recommends
    Neutral Outlook
  3.  

    Good company

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

    I have been working at Bank of America

    Pros

    Brand, salary, work life balance Good recognition

    Cons

    Hierarchial Structure, Lots of departments it gets confusing to contact which lob in case you face any technical problems

    Advice to ManagementAdvice

    Please improve performance evaluation methodologies

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Fantastic place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in Gurgaon, Haryana
    Former Employee - Assistant Vice President in Gurgaon, Haryana

    I worked at Bank of America

    Pros

    Global company with extremely high levels of professionalism in all aspects

    Cons

    None. Indeed a great place to work

    Advice to ManagementAdvice

    Need to simply sustain the wonderful work culture

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    It's a good company to work with. One of the most stable company to work with.

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

    I have been working at Bank of America

    Pros

    It's a good company to work with. One of the most stable company to work with.

    Cons

    Compensation is not per market standard

    Recommends
  7.  

    good company

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

    I have been working at Bank of America

    Pros

    nice company, work life is awesome, culture is good

    Cons

    if you are tech savy u need to find right place and process to get in. its hard to get awesome technical work. rest all is awesome

  8.  

    A great company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Banking Center Manager in Hyderābād
    Current Employee - Assistant Banking Center Manager in Hyderābād

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

    Pros

    Good Culture and Ethics and a storng risk driven culture

    Cons

    Values and belief are less prevalent among the staffs junior levels

    Advice to ManagementAdvice

    Embed the culture among the junior level staff

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good for people to work with and good tech exposure

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

    I worked at Bank of America

    Pros

    Work life balance is very good. Good supportive leadership. if we talk about salary, this is one of the goos paying companies. Office Culture is good.

    Cons

    Not good transport and cafeteria. Transport vendors are very unsupportive. HR is only for listening. do not take action on your complaints.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Stay away from BACI

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

    I have been working at Bank of America full-time (more than a year)

    Pros

    Cannot recollect anything on work front.
    Year end outing and some leadership meets at expensive hotels.
    Perks are Ok if not great.

    Cons

    No personal growth.
    Forget about being getting promoted even after working for 5+ years.
    Work life balance is screwed up in few projects.
    High level of uncertainity as bank is doing very bad on financial front.
    Its hard to move across departments. No respect or decency when we apply for internal job postings.People interview as if they are hiring some outsider. No value for wahtever you do within the bank when applying for IJPs consider what would be the value outside.Mostly junk and production support work.
    Incase you get an offer even though as permanenet employee treat it as a contract job.
    Do not join BACI unless you have no other offer or you are comfortable searching for new job even after joining.
    HR is non exisistent.

    Advice to ManagementAdvice

    Do not behave as if anyone below level of band 5 is at your mercy.
    Do not screw up careers of people by hiring them without proper forecast atleast for 2 years.

    Cut the flab at VP level they do not know project management , do not know technology and do not know people management.Draining the companies finances.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    BOA

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

    I have been working at Bank of America

    Pros

    Good Place to learn new Technologies and work

    Cons

    Very bad management. No Basic ethics.
    very bad work/life balance.

    Advice to ManagementAdvice

    Do not show bossism on the subordinates.

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