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    Bank of America Reviews

    Updated 18 Jan 2020

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    3.7
    71%
    Recommend to a Friend
    87%
    Approve of CEO
    Bank of America President & CEO Brian T. Moynihan
    Brian T. Moynihan
    9,031 Ratings
    Top CEOs 2019
    Pros

    • "Great benefits for it's employees" (in 2417 reviews)

    • "Pay is good benefits is good if your exceeding goal your never have upper management on you" (in 1477 reviews)

    Cons
    More Pros and Cons

    1. "A great firm on the up doing the right thing the right way"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Executive Recruitment Consultant in London, England
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Bank of America full-time for more than 8 years

      Pros

      Wide range of career opportunities both globally and across a broad spectrum of businesses. Meritocratic, strong culture around empowering the customer, responsible growth, efficiency through technology and ultimately doing the right thing. The bank although well placed still has significant opportunities for growth and market share which creates compelling opportunities for top talent.

      Cons

      All the challenges of a large, highly regulated global firm. Complex operating environment, significant emphasis on consensus building, matrixed leadership model, decision making can become slow and bureaucratic at times.

      Bank of America2019-10-24

    2. "Excellent place to work"

      StarStarStarStarStar
      Current Employee - Vice President 

      I have been working at Bank of America full-time

      Pros

      Flexibility and culture are the best

      Cons

      Burocracy can delay decision making

      Bank of America2020-01-16
      3. Join the Bank of America team
      See Our Latest Jobs

    3. "Great place to work and grow"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - IT Director 
      Recommends
      Neutral Outlook
      Approves of CEO

      I have been working at Bank of America full-time for more than 10 years

      Pros

      Big company and can move around with your career

      Cons

      None, think it's a not got many flaws

      Bank of America2019-12-31

    4. "High achieving culture"

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

      I worked at Bank of America full-time for more than 5 years

      Pros

      Good culture, good people, reasonable compensation, well managed

      Cons

      Long hours, politics, staff turnover

      Bank of America2020-01-07

    5. "Electricity is key"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Senior Management
      Current Employee - Electrician in Brighton, England
      Recommends
      Neutral Outlook

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

      Pros

      Good pay and useful for your whole life not just for the work

      Cons

      Study a lot but worth it

      Bank of America2019-12-21

    6. "Good start to a career"

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

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

      Pros

      Great people in the company, great culture

      Cons

      Difficulty with transparency, changes are slow

      Advice to Management

      Be more transparent with progression and salarys

      Bank of America2019-12-20

    7. "Conservative organization"

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

      I have been working at Bank of America full-time for more than 8 years

      Pros

      Huge platform, loads of opportunities

      Cons

      Extremely conservative approach to risk, will only do something if all of its peers do.

      Bank of America2019-12-30

    8. "Great people to work with"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Director in London, England
      Recommends
      Neutral Outlook
      No Opinion of CEO

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

      Pros

      Most people were great to work with

      Cons

      Well intentioned bureaucracy slowed down the implementation of good ideas

      Advice to Management

      Listen more to band 5s and band 6s, they are the future

      Bank of America2019-12-11

    9. "legal extortion of customers money"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Marketing Representative in Chester, England

      I worked at Bank of America full-time for more than 3 years

      Pros

      Good bonuses possible but extremely difficult to get and largely only at company's discretion after meeting all criteria required

      Cons

      Very stressful and presurised by management

      Bank of America2020-01-11

    10. "Fx sales"

      StarStarStarStarStar
      Current Employee - Director 

      I have been working at Bank of America full-time for more than 8 years

      Pros

      Dynamic Exciting Part of a big corporation Us bank Clients

      Cons

      No flexibility Work life balance Hours Declining industry Big corporation

      Bank of America2019-12-19
    Found 21566 reviews
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