Bank of America

www.bankofamerica.com
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There are newer employer reviews for Bank of America

1 person found this helpful  

Not Terrible but not Great Either

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Vice President in Wilmington, DE (US)
Former Employee - Vice President in Wilmington, DE (US)

I worked at Bank of America full-time (more than 10 years)

Pros

There are lots of benefits available to you as an employee of the company. These range from the typical healthcare benefits to banking products and other discounts.

Cons

Generally, an employee is just a number. Do not expect any significant degree of loyalty on behalf of the organization.

Advice to ManagementAdvice

Treat your people more like people and less like a number and you will get a lot more out of them.

Doesn't Recommend
Positive Outlook
Disapproves of CEO

7746 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Great benefits, family atmosphere, but corporation likes to cut costs which means more work for the same pay, & job cuts

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Teller in Auburn, WA (US)
    Current Employee - Senior Teller in Auburn, WA (US)

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

    Pros

    Bank has great benefits that really make your lifestyle more comfortable. Great healthcare, childcare reimbursement, tuition reimbursement, wonderful discount programs. For the most part I have been very fortunate to be in a market with a lot of amazing people who honestly care about each other and their well-being.

    Cons

    Company loooooves to cut costs, which comes at an expense to the employee and the customer. Be prepared for your job to constantly change, constantly require more responsibilities, but your pay never changed. Raises are pathetic here. :)

    Advice to ManagementAdvice

    Make sure to take time out of your day or week to touch base with your staff. It's easy to miss multiple coachings and never find the time to say things that need to be said or for employees to never have the chance to ask for help. Don't let your hectic schedules get in the way of mentoring!

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Nice Work and life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quantitative Analyst in Wilmington, DE (US)
    Current Employee - Quantitative Analyst in Wilmington, DE (US)

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

    Pros

    Employee oriented culture, flexible working schedule and locations, well balanced work and life style

    Cons

    legacy issues, not strong in analytics

    Advice to ManagementAdvice

    Need to be more analytical

    Recommends
    Neutral Outlook
    Approves of CEO
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