Compare Merrill Lynch vs Bank of America BETA

See how working at Merrill Lynch vs. Bank of America compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Merrill Lynch vs. Bank of America. Learn more about each company and apply to jobs near you.
Merrill Lynch company icon

Merrill Lynch

Bank of America company icon

Bank of America

Employee Ratings

  • Merrill Lynch scored higher in 2 areas: Senior Management and CEO Approval.
  • Bank of America scored higher in 3 areas: Culture & Values, % Recommend to a friend and Positive Business Outlook.
  • Both tied in 4 areas: Overall Rating, Career Opportunities, Compensation & Benefits and Work-life balance.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
3.8
(based on 3056 reviews)
Overall Rating
(full-time and part-time employees only)
3.8
(based on 22693 reviews)
Career Opportunities
Career Opportunities
3.7
Career Opportunities
3.7
Compensation & Benefits
Compensation & Benefits
3.9
Compensation & Benefits
3.9
Work-life balance
Work-life balance
3.6
Work-life balance
3.6
Senior Management
Senior Management
3.5
Senior Management
3.4
Culture & Values
Culture & Values
3.7
Culture & Values
3.8
CEO Approval
CEO Approval
Merrill Lynch Ceo Brian T. Moynihan
92%
92%Brian T. Moynihan
CEO Approval
Bank of America Ceo Brian T. Moynihan
90%
90%Brian T. Moynihan
% Recommend to a friend
% Recommend to a friend
74%
% Recommend to a friend
77%
Bank of America employees rated their % Recommend to a friend 3% higher than Merrill Lynch employees rated theirs.
Positive Business Outlook
Positive Business Outlook
63%
Positive Business Outlook
69%
Bank of America employees rated their Positive Business Outlook 6% higher than Merrill Lynch employees rated theirs.

Salaries

Bank of America has 17 more total submitted salaries than Merrill Lynch.
Salaries for similar jobs
Salaries for similar jobs
Investment Banking Associate1 Salaries
A$196,134/yr
Product Control1 Salaries
A$160,534/yr
Salaries for similar jobs
Financial Analyst1 Salaries
A$90,000/yr
Vice President Operations1 Salaries
A$171,073/yr
Office Staff1 Salaries
A$68,982/yr

What Employees Say

  • "Work life balance" was the most mentioned Pro at Merrill Lynch.
  • "Great benefits" was the most mentioned Pro at Bank of America.
  • Bank of America had 535 more reviews than Merrill Lynch that mentioned "Work life balance" as a Con.
Pros
Pros
"Work life balance"(in 147 reviews)
"Work environment"(in 136 reviews)
Pros
"Great benefits"(in 2518 reviews)
"Good benefits"(in 1548 reviews)
Cons
Cons
"Long hours"(in 108 reviews)
"Work life balance"(in 77 reviews)
Cons
"Work life balance"(in 612 reviews)
"Upper management"(in 497 reviews)
Featured Review

Current Employee - Anonymous Employee

I have been working at Merrill Lynch full-time

Pros

Flexible time, work from home

Cons

Long hours, admin mundane but necessary, some database are worthless, time consuming and not user friendly.

"manager"3 Oct 2018

Former Employee - Anonymous Employee

I worked at Bank of America full-time

Pros

good for being in the org

Cons

can do better than the best

Job Postings

Bank of America has 4,086 more recently posted open jobs than Merrill Lynch.