Bank of America
3.2 of 5 5,388 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees

Bank of America Reviews in Chicago, IL US

Updated Apr 02, 2014
All Employees Current Employees Only

3.1 144 reviews

                             

67% Approve of the CEO

Bank of America President & CEO Brian T. Moynihan

Brian T. Moynihan

(57 ratings)

61% of employees recommend this company to a friend
144 Employee Reviews Back to all reviews
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Good name to have on your resume, lot of red tape though

Analyst I-Trading Support (Current Employee)
Chicago, IL (US)

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

ProsBenefits are really good. 3 weeks vacation automatic and option to buy a 4th week. People I worked with were diverse and friendly. You get higher compensation because you're in the finance industry. Also, when I left work I didn't have to worry about it when I got home, but that was specific to my line of business- can't say that was the case with the traders and investment bankers.

ConsTons of red tape. Need approval to get anything done. Everything is so locked down because of the financial collapse from the late 2000's, which is understandable. A lot of the perks from pre-collapse aren't there anymore.

Yes, I would recommend this company to a friend

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great place

Junior Business Analyst (Current Employee)
Chicago, IL (US)

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

Prosa place to learn and grow your career

Conswork load could be overwhelming

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

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Great benefits

Operations Analyst (Former Employee)
Chicago, IL (US)

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

ProsWork/ Life balance
Great Benefits
competitive salary

ConsHard to move up with in department

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DevOps: Career Enabling

Systems Engineer (Former Employee)
Chicago, IL (US)

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

Prosnew tech adoption, timely response to market, independence, job flexibility, career mobility, and of course very good benefits

Consbureaucracy, process, corporate ethics,

Yes, I would recommend this company to a friend

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Not too bad

Business Technology Analyst (Current Employee)
Chicago, IL (US)

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

ProsGreat work atmosphere in the building.

ConsGetting hired to full time can take awhile.

Advice to Senior ManagementNone

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

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Most stressful job ive ever had

Teller Operations Specialist (Current Employee)
Chicago, IL (US)

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

ProsThe pay was good, most of the co workers were really nice, customers for the most part were nice.

ConsThe technology used was old, the bosses micro manage so much and were jerks, understaffed, bosses only looking out for themselves and how they look to higher ups. My Part time job felt like a Full time job and I had nightmares sometimes.

Advice to Senior ManagementI believe that good management comes from helping your staff grow and trust you. If you teach your staff how to work well together and sales go up great, if you staff is doing their jobs and sales arent going so well ALSO GREAT. At the very least they are trying and the sales will come as long as the team doesnt feel like the banks failure is theirs and theirs alone. A totally stressed staff will only further send you down the rabbit hole. Learn how to deal with your staff, not everyone reacts the same way to demands.

No, I would not recommend this company to a friend

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Meh.

Senior Teller (Former Employee)
Chicago, IL (US)

I worked at Bank of America full-time for more than 5 years

ProsMet some great people while working there.
Customer service experience

ConsManagement only cares about sales.
The reason lines are so long at banks is because tellers have to convince you to sit with a banker and open some other product.
Tellers are supposed to be about customers not about sales.
Understaffed banks feels like your doing the work of three people.
Supervisors who think micro-managing is the only way to get things done.

Advice to Senior ManagementDon't focus so much on sales, focus more on customer service.

Yes, I would recommend this company to a friend

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Horrible work/life balance

Teller Operations Specialist (Current Employee)
Chicago, IL (US)

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

ProsPay, benefits, friendly coworkers, great training programs, good experience. Tuition reimbursement. Upward mobility is easy if your dedicated. Well respected company

ConsToo many changes in short period of time. Is short staffed, even though upper management says different. Management not on the same page which makes employees just unstructured. Ultimately it's the people at the bottom paying for these changes.

Advice to Senior ManagementIt's a business, yes I get that, but you are over stressing your employees.

– I'm not optimistic about the outlook for this company

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If I can change back the hands of time

Wholesale Lockbox (Former Employee)
Chicago, IL (US)

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

ProsI just loved the job and the people the company cared

ConsI have one that I was laid off in 2011

Advice to Senior ManagementI would love to come back to work to be that slam dunk team player I was there

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

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So far, so good

Operations Analyst (Current Employee)
Chicago, IL (US)

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

ProsNetworking opportunities, ability to climb ladder, ability to maintain work/life balance

ConsFeel like a small fish in an ocean of employees

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

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Glassdoor is your free inside look at Bank of America reviews and ratings in Chicago, IL — including employee satisfaction and approval rating for Bank of America CEO Brian T. Moynihan. All 144 reviews posted anonymously by Bank of America employees.