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    Bank of America Reviews

    Updated 16 January 2019
    19,587 reviews

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    3.6
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    Bank of America President & CEO Brian T. Moynihan
    Brian T. Moynihan
    8,100 Ratings

    Employee Reviews

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    Pros
    Cons

    • "No work-life balance when you work 6 days a week" (in 520 reviews)

    • "Don't get a lot of support from upper management" (in 452 reviews)

    More Pros and Cons

    1. "ITIL qualified Technology Service Delivery Manager"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Incident Manager in Chester, England
      Current Employee - Incident Manager in Chester, England
      Recommends
      Neutral Outlook
      Approves of CEO

      I have been working at Bank of America full-time (More than 10 years)

      Pros

      Situated locally, excellent broad range of benefits, opportunities to grow and develop moving across lines of business.

      Cons

      Roles require commitment, management are not always located in your office location.

    2. "Operations Manager"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Doesn't Recommend
      Disapproves of CEO

      Pros

      Growth opportunities can happen if you play favorites.

      Cons

      Don't get a lot of support from upper management

      Advice to Management

      Make more of an effort to keep the employees that are of better value. So much money and training are unfortunate to waste.

      3. Join the Bank of America team
      See Our Latest Jobs

    3. "Fair place to work at"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - V P in London, England
      Current Employee - V P in London, England
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Bank of America full-time (More than 5 years)

      Pros

      My experience has largely been on the technology side - it is indeed an organisation which is too big to fail and I guess since the volume of people involved in the organisation is so high, it is likely to come across and work with enough talented people around you.

      Cons

      The bank is very true to its name - it is indeed a organisation which is too much driven from America inspite of the fact that there is a general acknowledgement that it would work better if control is spread out to other regions too (EMEA and APAC). This is particularly a problem specific to the technology side.

      Advice to Management

      Too many talents are underutilised and less recognised of their true potential in the technology side.

    4. "Too many chiefs not enough ownership"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee in London, England
      Former Employee - Anonymous Employee in London, England
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      Pros

      Looks good on the CV

      Cons

      Lack of spirit and culture + blame game culture

    5. "Good bank to work for"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Credit Analyst in London, England
      Current Employee - Credit Analyst in London, England
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Bank of America full-time (Less than a year)

      Pros

      Great management with focus on high standards but retaining a nice culture and fairly decent work life balance creating a pleasant atmosphere. Unlike in many other banks there is no toxic environment.

      Cons

      Many administrative tasks, outsource them to a back office (as is the case in other banks).

      Advice to Management

      Outsource some of the administrative tasks.

    6. "good culture, good opportunity, big bank"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Assistant Vice President in London, England
      Current Employee - Assistant Vice President in London, England
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Bank of America full-time (More than 3 years)

      Pros

      decent benefits, good culture, good growth trajectory

      Cons

      very big bank and therefore very easy to get lost in the machine

    7. "Analyst"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      Pros

      good on the whole most of the time

      Cons

      very stressful especially in the evenings

    8. "Good"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Doesn't Recommend
      Neutral Outlook

      Pros

      Good people and seem to reward success . Large organisation with structure that can help you grow

      Cons

      Can be bureaucratic at times but perhaps that is just the nature of working at a big organisation which has global reach

      Advice to Management

      Listen to people below you as they often have something valuable to add to the discussion as they may know about it

    9. "Wholesale Credit Intern"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      Pros

      Great team to work with

      Cons

      Can be stressful with all the networking

    10. Helpful (2)

      "No career progression"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Software Developer in London, England
      Current Employee - Software Developer in London, England
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      I have been working at Bank of America full-time (More than 5 years)

      Pros

      Can’t really think of any

      Cons

      Lack of career progression
      Company does not care if you’re deskilled in the process of working there
      Offices old and cramped and lack facilities
      No real culture of appreciation- company pushes a superficial culture of ‘appreciation’ with cheap tricks like e badges and e cards with no value.
      No desire to keep good employees, middle managers focused on covering their own backsides.

      Advice to Management

      Ditch quartz as soon as you can