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

  • Bank of America scored higher in 9 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
3.9
(based on 3431 reviews)
Overall Rating
(full-time and part-time employees only)
4.0
(based on 24759 reviews)
Career Opportunities
Career Opportunities
3.8
Career Opportunities
3.9
Compensation & Benefits
Compensation & Benefits
3.9
Compensation & Benefits
4.0
Work-life balance
Work-life balance
3.7
Work-life balance
3.8
Senior Management
Senior Management
3.5
Senior Management
3.6
Culture & Values
Culture & Values
3.7
Culture & Values
4.0
Bank of America employees rated their Culture & Values 0.3 higher than Merrill Lynch employees rated theirs.
CEO Approval
CEO Approval
Merrill Lynch Ceo Brian T. Moynihan
90%
90%Brian T. Moynihan
CEO Approval
Bank of America Ceo Brian T. Moynihan
93%
93%Brian T. Moynihan
Bank of America employees rated their CEO Approval 3% higher than Merrill Lynch employees rated theirs.
% Recommend to a friend
% Recommend to a friend
73%
% Recommend to a friend
81%
Bank of America employees rated their % Recommend to a friend 8% higher than Merrill Lynch employees rated theirs.
Positive Business Outlook
Positive Business Outlook
63%
Positive Business Outlook
74%
Bank of America employees rated their Positive Business Outlook 11% higher than Merrill Lynch employees rated theirs.

Salaries

Of the top 3 common jobs between the two companies, Merrill Lynch salaries averaged £1,356 higher than Bank of America.
Salaries for similar jobs
Salaries for similar jobs
Vice President14 Salaries
£100,746/yr
Analyst10 Salaries
£53,164/yr
Investment Banking Analyst18 Salaries
£54,201/yr
Salaries for similar jobs
Vice President58 Salaries
£92,715/yr
Analyst59 Salaries
£52,088/yr
Investment Banking Analyst22 Salaries
£59,238/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.
  • "Long hours" was the most mentioned Con at Merrill Lynch.
  • "Work life balance" was the most mentioned Con at Bank of America.
Pros
Pros
"Work life balance"(in 159 reviews)
"Work environment"(in 148 reviews)
Pros
"Great benefits"(in 2651 reviews)
"Good benefits"(in 1642 reviews)
Cons
Cons
"Long hours"(in 111 reviews)
"Financial advisor"(in 81 reviews)
Cons
"Work life balance"(in 652 reviews)
"Upper management"(in 508 reviews)
Featured Review
"Equity"10 Feb 2021

Former Employee - Senior Trader

I worked at Merrill Lynch full-time

Pros

Good working environment and people

Cons

Pressure to take more risk

"Amazing"26 Feb 2021

Former Contractor - Head of Engineering Department

I worked at Bank of America

Pros

Great benfits given to employees

Cons

Salary is not that goood

Job Postings