Bank of America Reviews | Glassdoor.co.uk

Bank of America Reviews

Updated 18 Jan 2020

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3.7
71%
Recommend to a Friend
87%
Approve of CEO
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. "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
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