Bank of America

  www.bankofamerica.com
  www.bankofamerica.com
Work in HR? Unlock Free Profile

Bank of America Reviews

Updated 20 September 2014
Updated 20 September 2014
6,507 Reviews
3.3
6,507 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2,774 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 352 reviews)

  • Great coworkers, good work /life balance they let a lot of people work from home (in 195 reviews)


Cons
  • Sexism; old BFF network; little work life balance, but they gave lip service to it (in 138 reviews)

  • Lack of communication from upper management with regards to procedure changes (in 162 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 for 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
  2.  

    Nice 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 for more than a year

    Pros

    professional and personal work balancing is good

    Cons

    Senior Managment should support their local team from their partners in some units

    Recommends
    Neutral Outlook
  3.  

    Good technology to work on

    • 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 full-time for more than a year

    Pros

    good compensation and latest technologies

    Cons

    Biased leadership and bad transport

    Recommends
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    SSE

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

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

    Pros

    Work Culture is good here.

    Cons

    Salary Hike is very poor.

    Advice to ManagementAdvice

    None.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    BoA

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

    I worked at Bank of America full-time for more than a year

    Pros

    No benefit working now a days..

    Cons

    Population is very big. Cut throat competition..

    Recommends
    Neutral Outlook
  7.  

    Bureaucratic

    Former Employee - Software Engineer  in  Hyderābād
    Former Employee - Software Engineer in Hyderābād

    I worked at Bank of America full-time for more than a year

    Pros

    Less work , No Deadlines, Diverse Projects, Large scale experience, good exposure and too many girls

    Cons

    Boredom, No growth, Very rigid resulting, Non friendly colleagues, Lethargic Senior Management

    Advice to ManagementAdvice

    None hears

    Doesn't Recommend
  8.  

    Very good learning experience

    • 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 full-time for more than 3 years

    Pros

    Job Profile is very good. One can do a role as end to end as one wants. Really depends on person's ambition.

    Cons

    Not great facilities in office

    Advice to ManagementAdvice

    Improve facilities

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Happy to work

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

    I have been working at Bank of America as a contractor for more than a year

    Pros

    Flexible deadlines, No work stress, Lots of room for promotions and carrier growth, Lots of room for promotions and carrier growth

    Cons

    Can't find hygienic food in office

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Lead Analyst

    • 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 for more than a year

    Pros

    You have to get an opportunity to work for companies like Bank of America

    Cons

    No Issues in the Organization

    Advice to ManagementAdvice

    The Management has great leadership capablities

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Politics, Bureaucracy; No innovation, creativity; Work Life balance does not ensure interesting problems to work on

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

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

    Pros

    Below reviews are with reference to Hyderabad center.
    * Work life balance
    * Quartz - a great initiative to work on. The project with product development culture and ideas.

    Cons

    Below reviews are with reference to Hyderabad center.
    * A typical service oriented environment.
    * An extremely slow moving investment banking industry
    * Least aggressive when it comes to making changes within a company
    * Bureaucracy galores in each and every process involving application development or processes supporting
    * Do not trust employees, their ideas or experience
    * Orthodox ways of working
    * Politics within ranks including VPs. Focus is not on delivering highly scalable products but on saving on their own skin if anything goes wrong. No real skill among the management.
    * Every HR initiative / idea is just for namesake. No inputs provided in these are taken into consideration ever.

    Advice to ManagementAdvice

    * Create a new vision where you can let engineers drive creativity and innocation
    * Focus on delivering highly scalable products than on
    * Trust employees and provide an environment to infuse leadership, letting young engineers run the gamut of projects
    * Loose the extremely slow and painful ways of doing stuff.
    * Large organization is not an excuse to not let engineers lead from front.
    * Let go of service mentality and start focusing on delivering and contributing to products as if you are the owners. Service provider only provides services but product owners provide solutions.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

Worked for Bank of America? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.