Bank of America

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Bank of America Reviews

Updated Jul 22, 2014
All Employees Current Employees Only

3.2 6,076 reviews

74% Approve of the CEO

Bank of America President & CEO Brian T. Moynihan

Brian T. Moynihan

(2,568 ratings)

63% of employees recommend this company to a friend

Review Highlights

Pros
  • The work-life balance can be better but most managers are pretty flexible with you(in 348 reviews)

  • Great coworkers, good work /life balance they let a lot of people work from home(in 190 reviews)


Cons
  • Sexism; old BFF network; little work life balance, but they gave lip service to it(in 137 reviews)

  • Lack of communication from upper management with regards to procedure changes(in 160 reviews)

6,076 Employee Reviews
Relevance Date Rating
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    • Culture & Values
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    • No Opinion of CEO

     

    Spring Insight Week

    Spring Intern (Former Employee) London, England

    ProsGives overview to the whole industry

    ConsNot much emphasis on the technology division

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    Challenging, dynamic work environment. Great people.

    Analyst (Current Employee) London, England

    ProsGreat, supportive colleagues. Very good management. Lots of opportunities for personal and career developments. Very good benefits.

    ConsSome bureaucracy and difficult politics within teams. Fair compensation for junior roles.

    Advice to Senior ManagementKeep up the good work. Encourage recognition programs.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Rewards, challenges and great people

    Vice President (Current Employee) London, England

    ProsA sense of camaraderie and sincere team efforts. A sense of work life balance and energy.

    ConsNot quite as competitive on salary as other bulge-bracket institutions. A little bureaucratic on compliance and excessive on marketing spend.

    Advice to Senior ManagementReduce the bureaucracy and marketing. Incentivise through salary rather than workplace enhancements.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
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    Average, worked at better banks

    Treasury Sales (Current Employee) London, England

    ProsGood reputation and benefits package

    ConsLack of direction and too many layers of management

    Advice to Senior ManagementRemove unnecessary layers of management

    Yes, I would recommend this company to a friend

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    Pretty pleasant, nice people working there

    Intern (Former Employee) London, England

    ProsLots of friendly people working there.
    Decent work/life balance, managed to work a 9-5 without many issues.
    Decent work-load, nothing too difficult.

    ConsThe view out of the window wasn't great.
    Lots of redundancies in certain departments after the crisis made it a bit depressing.
    Work got a tiny bit repetitive after a while.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    A well organised and exciting Internship but a very confusing hiring policy.

    Summer Analyst (Former Employee) London, England

    ProsGreat salary, great people, good office facilities, very interesting work. A real commitment to the development of recent graduates.

    ConsSome very arrogant employees who refuse to give interns respect or acknowledgement. A huge amount of positive discrimination in terms of offers of employment. Your chances of gaining an offer are nearly 100% if you are female but about 25% if you're male.

    Advice to Senior ManagementVery well organised internship but the evident discrimination of the hiring process needs some work.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    Reasonable employer

    Anonymous Employee (Current Employee)

    ProsReasonable work/life balance
    Lots of smart folks

    ConsVery corporate, rigid dress code

    Advice to Senior ManagementRead "Moral Mazes" and try to foster an actual dialog with your reports.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    personal banker

    Anonymous Employee (Current Employee)

    Proshours, friendly people, less stress than other sectors.

    ConsCareer progression is slow and benefits are low

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    Still feels like two separate banks...

    Assistant Vice President (Former Employee) London, England

    ProsInnovative working practices, e.g. regular WFH or from flexible location. Generally, a relaxed lifestyle, hours not too bad, etc. Huge organisation - lots of US offices - so plenty of interesting people to work with.

    ConsLower comp than at other banks. Still struggling with integration post ML takeover. Not a sense of strategic direction from leadership - some initiatives don't feel well thought through. A big US bias - London operation feels like a poor cousin at times.

    Advice to Senior ManagementListen to the guys on the ground.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Equity Research VP

    Vice President (Former Employee) London, England

    ProsGreat team, truly global organization

    ConsThe usual for banking: long hours, little time for personal life

    Yes, I would recommend this company to a friend

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