There are newer employer reviews for Bank of America

 

Solid values. Big corporate challenges.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Business Support Manager II in Charlotte, NC (US)
Current Employee - Business Support Manager II in Charlotte, NC (US)

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

Pros

Flexibility with work arrangements. Good utilization of technology.

Cons

Fair amount of red tape but to be expected with a large banking institution in the economic environment.

Advice to ManagementAdvice

Take a more pure meritocracy approach

Recommends
Neutral Outlook
Approves of CEO

6832 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Not a great corporate culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Analyst in Agoura Hills, CA (US)
    Former Employee - Loan Analyst in Agoura Hills, CA (US)

    I worked at Bank of America full-time (more than an year)

    Pros

    Pay scale is good and that is about it.

    Cons

    Poor corporate culture that lacks open communication. B of A has acquired so many companies that programs, systems and procedures are outdated. The company does not encourage communication or new ideas for improvements. Customer service and internal moral thus suffer. The company appears to be a dinosaur that is on its way out if it does not grow with the times.

    Advice to ManagementAdvice

    Create an environment that encourages open communication. Update your outdates computer systems and programs.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Micromanagement at its finest!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Account Manager in Atlanta, GA (US)
    Current Employee - Senior Account Manager in Atlanta, GA (US)

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

    Pros

    Awesome training system in place, BOA employees are some of the best trained in the industry.
    Great benefits package and access to EAP that really work.

    Cons

    The management staff believes in micromanaging you. If you aren't performing in the top 95% look forward to constant emails and meetings with your supervisor. Their system for improving performance is counter productive because they spend so much time sending emails and taking you away from your job that you miss opportunities for improvement.

    Zero work/life balance. They make you work 2 late nights during the weekend and 2 Saturdays a month. Forget about picking up a part time job, it won't be possible. Other activities like attending your child's after school functions may be difficult as well. They really invade your entire life.

    Advice to ManagementAdvice

    Stop rushing success, allow employees to get adjusted to their role, familiar with the duties of the job before pressuring them about performance only a week or two out of training.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Bank of America

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