Bank of America

  www.bankofamerica.com
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6119 Employee Reviews (View Most Recent)

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Great company with excellent benefits

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

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good place to learn and develop

    Personal Banker (Current Employee) Brooklyn, NY (US)

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


    Pros: Many opportunities to develop career Cons: In my opinion there is few things that are getting… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Work for Penuts! Unless you are management

    Customer Service Representative (Former Employee) Concord, CA (US)

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


    Pros: Benefits are very competitive compared to other banks. Cons: They don't pay enugh to their front line associates, such… Advice to Senior Management: Pay a decent wage, happy employee equals happy customer. No, I would not recommend this company to a friend More
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