Bank of America

www.bankofamerica.com
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1 person found this helpful  

It is what you make of it...

  • 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 full-time (more than 8 years)

Pros

Good benefits and plenty of opportunity to move around the company. The best way to make more money is to move around (which is encouraged).

Cons

Seemingly constant organization changes can be demoralizing as coworkers are let go (especially very strong performers). It can also be frustrating to have to deal with multiple managers and/or jobs (up to 4 in one year for me). You really need to maintain a positive attitude and adapt to change quickly. Benefits have tumbled the last few years.

Advice to ManagementAdvice

Be clear about the purpose for organization changes and ensure it's not being done to boost a new executive ego. Model the behavior you'd like to be seen from those you manage and if you are a "manager of managers" make sure you conduct a skip level conversation with your 2-down at least twice a year. Stay competitive on benefits and support the MyWork (work from home) program.

Recommends
Positive Outlook
Approves of CEO

7512 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    sales incentives are great for top performers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker in Saint Louis, MO (US)
    Current Employee - Personal Banker in Saint Louis, MO (US)

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

    Pros

    uncapped commissions, quality of life outside of work, great benefits, I like also like the direction Bank of America is heading in and hope it stays on course

    Cons

    to much micro management, reports after reports after reports

    Advice to ManagementAdvice

    add some consistency, the bank pushes so much constant change it seems as if once you get comfortable with a new policy or company initiative a new one has replaced it....

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Offered multiple opportunities to excel and grow with an outstanding company, while working with very helpful teammates.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Shrewsbury, NJ (US)
    Current Employee - Teller in Shrewsbury, NJ (US)

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

    Pros

    Key reasons that one should work for Bank of America include, but are not limited to, unlimited potential to grow within the business, outstanding medical/dental/vision coverage, retirement benefits customized to each employees goals, competitive salary and the opportunity to work as a valuable member of a team.

    Cons

    Occasionally being blamed for corporate decisions, e.g. mortgage bailouts, new fees. Otherwise, a great company to work for.

    Advice to ManagementAdvice

    Keep up the good work!

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

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