There are newer employer reviews for Bank of America

1 person found this helpful  

The most incompetent, unethical and corrupt company you will ever find

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Finance in Dallas, TX (US)
Former Employee - Finance in Dallas, TX (US)

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

Pros

That I left the company without wasting any more time.

Cons

No pay for performance. People were being laid off from a department while their replacements were in the training rooms getting trained to take their places. This place is a revolving door. People hired and moved up into management who couldn't handle their entry level position. Management deliberately the underwriting of loans to keep the volumn of loan approvals down while approving other loans that had worse credit profiles. You will not find a lower more corrupt form of business.

Advice to ManagementAdvice

Clueless puppets

Doesn't Recommend
Negative Outlook
Disapproves of CEO

6731 Other Employee Reviews for Bank of America (View Most Recent)

Sort: Rating Date
  1.  

    Benefits great- job opportunities are low

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Tempe, AZ (US)
    Current Employee - Customer Service Representative in Tempe, AZ (US)

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

    Pros

    Great Benefits in tuition reimbursement- 3 month bonding leave - vacation are 2 weeks

    Cons

    Going up the ladder is hard and political.

    Advice to ManagementAdvice

    It would be better to see a persons tenure and experience and to offer that person a job

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great benefits. Can be a lousy culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Project Manager in Boston, MA (US)
    Current Employee - IT Project Manager in Boston, MA (US)

    I have been working at Bank of America full-time (more than 10 years)

    Pros

    Good pay scale. Flexible working arrangements. Some smart people who really do try to do the right thing, despite the bureaucracy.

    Cons

    I came over during the Merrill Lynch merger. Since then, I've had several new managers, and never meet any of them in person. There are 400 tools needed to do your job, and it's easy to spend a day wrestling with a tool instead of doing real work. The bureaucracy can be stifling.

    Advice to ManagementAdvice

    For starters, working flexibly and remotely is a FANTASTIC benefit, but loosen up the travel dollars and let project teams get together more often.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Bank of America

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

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