Bank of America Reviews | Glassdoor.com.au

Bank of America Reviews

Updated 10 de Dec 2019

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3.7
70%
Recommend to a Friend
87%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
8,951 Ratings
Pros
Cons
More Pros and Cons
  1. "manager"

    StarStarStarStarStar
    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

    Bank of America2018-10-03
  2. "Great place for career development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 3 years

    Pros

    Great place to work with good pay

    Cons

    Couldn’t find any cons in this company.

    Advice to Management

    None

    Bank of America2019-03-09
  3. "accouantnt role"

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

    I worked at Bank of America part-time

    Pros

    good to work with the people

    Cons

    culture is not good

    Bank of America2018-04-09
  4. Helpful (2)

    "benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Bank of America

    Pros

    great medical and insurance benefits

    Cons

    there is just too much politics

    Bank of America2017-10-20
  5. "Good work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    Former Employee - Anonymous Employee 

    I worked at Bank of America full-time for less than a year

    Pros

    Flexible working hours, supportive manager

    Cons

    No job security at all

    Bank of America2017-10-09
  6. "BANA Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 8 years

    Pros

    Open culture, good team and good office

    Cons

    career progression is not good in Australia, politics and inconsistent approach

    Advice to Management

    Promote internal placements

    Bank of America2017-07-06
  7. "Customer Service"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Bank of America

    Pros

    great work environment, room to grow

    Cons

    lack of training opportunity, or cross training

    Bank of America2017-06-22
  8. "Institutional banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Bank of America full-time

    Pros

    Good pay Decent work life benefits Good company events Abundant travel time available for work

    Cons

    Long hours Not optimised processes Seems very bureaucratic and not independent at times

    Advice to Management

    Dont always micromanage and trust your employees, this will motivate them much more for the entire workforce.

    Bank of America2017-05-03
  9. "Secure job but not very rewarding"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Bank of America

    Pros

    Good benefits, decent pay

    Cons

    Lots of red tape. Can be very difficult to get things done, even if it's in the best interest of the company and the customer. Not a very rewarding job

    Bank of America2017-05-07
  10. "All depends on your line manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time

    Pros

    - Competitive remuneration package - exposure to international network

    Cons

    - infrastructures are still not integrated with Merrill Lynch - internal procedures are unclear to everybody - messy compliance regime - unreasonable expectations on staff - poor decision making process and not transparent - inadequate training to people's leaders and lots of managers who are incapable of managing people

    Advice to Management

    - should put more focus on people management - some managers are not capable of managing people should be provided with more training or reconsider their positions in the company

    Bank of America2017-04-30
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