Bank of America
3.2 of 5 5,374 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees

5374 Employee Reviews (View Most Recent)

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Great company with excellent benefits

National Production Support (Former Employee)
Atlanta, GA (US)

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

ProsCompetitive salary and benefits. I was in a work from home job the last 2 years employed which really cant be beat.

Cons401k really din't have much in the way of fund selection. I've read that this is pretty much standard for the banking industry. There is just too much money to be made back by offering mediocre funds and hoping you will buy the banks funds which tend to under perform the market and have high fees to boot. They also rely on out sourced labor so be prepared to be jettisoned if they deem you replaceable.

Advice to Senior ManagementI still own BAC stock so keep up the out sourcing and continue to drive profits up but be aware that the offshore labor you hire are contractors. The don't work for the bank. They are loyal to the contractor company that prints their paychecks and will immediately jump ship for a higher paying gig at first opportunity.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Regular s&t summer internship

Summer Analyst (Former Employee)
Hong Kong (Hong Kong)

I worked at Bank of America as an intern for less than a year


Pros: was an intern at a sales desk in Hong Kong. The associates and executive level staff there… Cons: There were some redundancies in the s&t part of BAML, at least the office in… Advice to Senior Management: Recruit or headhunt more income-generating people rather than wasting millions… More

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A C+ company to work for....

Sales and Service Specialist (Current Employee)

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


Pros: Benefits are great, pay is good, and the company does a… Cons: Training methods for new employees can be slightly overwhelming and aren't really effective. Also, they expect you to learn about three months of material… Advice to Senior Management: Needs to improve the way they train new banking center… Yes, I would recommend this company to a friend More

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