There are newer employer reviews for Bank of America

 

Great place to work!

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

I have been working at Bank of America full-time (more than an year)

Pros

Great benefits, pay, and opportunities for advancement.

Cons

I have none at this time.

Advice to ManagementAdvice

Listen to the people that actually perform the job for process improvement.

Recommends
Positive Outlook
No opinion of CEO

6779 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    I loved the local branch of BAML

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America

    Pros

    The mail street(i.e. local branch office) was a,great place to work. Coworkers we helpful and fun. Many are still good friends.

    Cons

    Bank of America culture destroyed what was great about Merrill Lynch.

    Advice to ManagementAdvice

    Spin Merrill Lynch out!!!

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Great advancement opportunities, stable company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst
    Current Employee - Operations Analyst

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

    Pros

    Good advancement opportunities
    Excellent benefits
    Wide range of career paths
    Stable work envirionment
    Fair salary and bonus range
    Fair review and performance plans
    Enviroinmentally and socially conscious company who gives back and puts money into philanthropy
    Innovative problem solving to meet client needs
    Associate reward systems - great at recognizing and rewarding hard work

    Cons

    Highly hierarchtical with layers of management who may not have a useful function
    Right hand may not know what left hand is doing - certain level of disconnectedness
    Promotions can be based on relationship (who knows who) versus actual skill and talent
    Easy to get locked into a career path that may not be by choice - at a certain level, promotions may be assigned instead of applied for
    No management training to teach managers how to manage people, rather focuses on performance of function and tasks

    Advice to ManagementAdvice

    Implement management training for all new managers. Continue to be a strong company who invests in associates and the community. Even in difficult economic times, don't neglect associate programs and your commitment to philanthropy.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Bank of America

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