Bank of America "great benefits" Reviews | Glassdoor.ie

Bank of America Employee Reviews about "great benefits"

Updated 10 Jan 2020

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3.7
72%
Recommend to a Friend
88%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
9,505 Ratings
Pros
  • "Great benefits for it's employees(in 2413 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

Reviews about "great benefits"

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  1. "Mixed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Treasury Analyst in Dublin, Dublin
    Recommends
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Great Benefits, well above the industry standard, especially leisure account. Also flexibility with shifts is accommodating. Parking and location a plus.

    Cons

    There is little to no formal training once you start. no performance based bonus or incentive, no team events organised by management.

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    Bank of America2018-04-27
  2. "Stale"

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

    I have been working at Bank of America full-time

    Pros

    The benefits are great and the development teams are great

    Cons

    Too much micro management; Salaries are not in line with the market; A lot of hoops to jump through for promotion that are not aligned with your role; Management hire based on meeting statistic rather then the best person for a position and it affects the teams;

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    Bank of America2018-10-24
  3. "In the twelve years I have worked there I have gained valuable experience and knowledge."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Assistant Vice President Senior Department Manager In Risk and Collections in Tarmon, Leitrim
    Recommends
    Disapproves of CEO

    I have been working at Bank of America

    Pros

    The company provides great opportunity to learn and develop. The believe and support Associate engagement and satisfaction. They also provide great benefits.

    Cons

    It can be hard to achieve the work life balance due to the nature of my role.

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    Bank of America2011-08-29
  4. "Constantly changing expectations, but they take care of you well"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Teller 

    I worked at Bank of America full-time

    Pros

    Great benefits and good pay

    Cons

    Upper management is continually handing down new referral expectations, and they really want you to push credit cards on people who are already in debt

    Bank of America2020-01-07
  5. "Great place to work great benefits."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Machine Operator in Addison, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than a year

    Pros

    Great benefits,company's has great activities to support local community and organizations.

    Cons

    Be prepared to work OT !

    Bank of America2020-01-03
  6. "Great Company, terrible job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time for less than a year

    Pros

    Company has great benefits, many areas for mobility

    Cons

    Investment Banking position is terrible, management in investment Banking donot care about employee satisfaction or turn over

    Bank of America2020-01-02
  7. "Great benefits"

    StarStarStarStarStar
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Lead Teller Operations Specialist in Los Angeles, CA

    I have been working at Bank of America full-time for more than 3 years

    Pros

    Great benefits and great co workers.

    Cons

    Poor management, Low pay and

    Bank of America2020-01-11
  8. Helpful (4)

    "Great company if you're in a core city"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Process Design Consultant in Seattle, WA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits and employee programs; company is focused on strong business goals and strategy, however sometimes things go astray between the CEO and the reality (for example, in flattening the company hierarchy, generally the only levels removed were at the bottom of the hierarchy, meaning the people who knew the most about the business were eliminated, and leading to many managers having to manage a wide range of things they didn't know anything about).

    Cons

    If you are not located in a core city (Charlotte, Atlanta, Dallas, New York, or a couple of others), and you are not part of the sales force (branches, client managers, and their managers), then you are not truly part of the team. The company is slowly shrinking all operational jobs to core locations, putting people who work remotely or in small locations in a tough position. Regardless of whether this is the right business approach for the future, HOW they handle it with the PEOPLE impacted is not always done well. They only lay off the worst employees (giving them large severance packages), leaving the remaining people to do more work. They demote some really good managers solely due to where they they. They keep hiring people in core locations from a very small applicant pool, and they are getting some really mediocre people (and leaders) that way. They have such trouble getting good onshore technology contractors that little forward progress is made; a lot of time is spent fixing what they did, or on-boarding new people due to constant churn.

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    Bank of America2019-12-09
  9. "Bank sales Senior team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Sales Associate in Chandler, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 3 years

    Pros

    Inbound calls with client's wanting to open or borrow from you great benefits from the bank for u and for you and your family best bank ever to work for!

    Cons

    Choke hold they want to squeeze everything they can out of us to performing metrics and goals. But it is expected in sales environment.

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    Bank of America2019-12-19
  10. "Experienced Leadership"

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

    I have been working at Bank of America full-time

    Pros

    Big corporation, ability to move from group to group, stable, great benefits.

    Cons

    Pay is average, not alot of movements. People are people - good and bad anywhere you go, but mostly good intentioned

    Bank of America2020-01-03
Found 2413 reviews