There are newer employer reviews for Bank of America

 

Compliance and risk

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

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

Pros

Great company to work for. Great benefits and flexibility.

Cons

Many meetings about meetings Whig were counterproductive

Advice to ManagementAdvice

Trust in middle management for daily operations decisions

Recommends
Positive Outlook
Approves of CEO

6840 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Technical Analyst

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

    I worked at Bank of America full-time

    Pros

    Telecommuting. Being downtown Charlotte, NC. Easy commute. And the day I found another job and quit.

    Cons

    Nepotism was the order of the day. A lot of angry and frustrated co-workers. Horrible helpdesk in India which was borderline incompetent. Antiquated approach to solving technical problems. Onboarding required too much training that was not related job-related.

    Advice to ManagementAdvice

    Nepotism and cronism was the order of the day. I saw at least one incompetent person get promoted because of who she was friends with. And yes, she did a very poor job because she was too busy playing "Lady of the Manor" to function correctly in a professional environment. She really thought that she was a "Queen of the realm". You need to review your Middle Management and replace the people who shouldn't be there. Because of people like this, Bank of America now has the dubious distinction of being one of the worst places to work in Charlotte, NC by reputation. I know of several consulting firms that won't send consultants to you because of the bad managers who work for you. You really need to clean house from the Director level down to the lowest levels of Middle Management so that you can rebuild your reputation. But maybe the focus on sending jobs to India is a greater priority. Hence, nothing will change.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    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
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