There are newer employer reviews for Bank of America

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

6731 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Drinking the cool aid, you love it and hate it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in New York, NY (US)
    Former Employee - Associate in New York, NY (US)

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

    Pros

    Great benefits package and other perks

    Cons

    Huge corporation, feeling like a number, drinking the cool aid

    Advice to ManagementAdvice

    To give people more freedom to be creative and entrepreneurial. Additoinally, if you want people to work hard and give you their best, you should make them feel as if they are heard and have a say in important decisions. Too often at Merril and I am sure the other bulge bracket firms, the non management mentally checks out and wipes themself of responsibility when it comes to many important business decisions that need to be made and could use the fresh minds, but do not because it is a given that management is making all decisions and dont take or want anyone elses opinion,.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    It is a very diverse company.

    Current Employee - CRM II
    Current Employee - CRM II

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

    Pros

    It is a very large company with opportunities in fields that would not normally be associated with a bank.

    Cons

    The workload is sometimes more than average and it is a very metric driven company. The metrics can come off as micro managing.

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