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1 person found this helpful  

It was a good experience overall

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Team Member  in  Gurgaon, Haryana (India)
Current Employee - Team Member in Gurgaon, Haryana (India)

I have been working at Bank of America full-time for more than a year

Pros

the working culture at bank of america is very good

Cons

after working some time over here you will realize that here you will not get the growth

Advice to ManagementAdvice

please strengthen the evaluation system

Recommends
Approves of CEO

Other Reviews for Bank of America

  1.  

    Overall, positive experience with opportunity to develop within the organization.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  San Francisco, CA (US)
    Current Employee - Vice President in San Francisco, CA (US)

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

    Pros

    Global financial instiution capable of providing clients with an entire product suite to meet their needs. Having the expertise and market leadership in the industry is certainly an advantage when discussing capabilities (vs. competitors) with clients.

    Cons

    Conservative pay structure - management tends to track according to the market compensation rather than rewarding employees according to their performance.

    Advice to ManagementAdvice

    Communicate better with employees and provide more fulfilling compensation and benefits.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Great people at the branch level, garbage above.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Banking Center Manager  in  Sacramento, CA (US)
    Former Employee - Banking Center Manager in Sacramento, CA (US)

    I worked at Bank of America full-time for more than 10 years

    Pros

    Great salary for those who are willing to cut the crap and get to work. Banking is a very easy environment to relax and coast under the radar of management. However, if you truly apply yourself and dominate without blatantly compromising your ethics, advancement is endless.

    Cons

    Management is a joke. The company direction:
    Serve the customer, put their needs first and offer only what is "valuable" to the client.
    Underline objective: Sell more than 5 products to each customer, or else YOU are a garbage seller and we will replace you with someone who can slam 5 or more products per client.
    *Regardless of what they actually need, your bonus is structured on "quantity" not "quality"

    Advice to ManagementAdvice

    Drop the "Customer Focus" and tell your employees what you really want. -more sales units.
    That, or change your objective and offer incentive based on true quality, not quantity.
    Not everyone needs 5 savings accounts, 3-5 checking accounts and 2-4 credit cards.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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