Bank of America
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I wish they invested and cared about their employees as much as they allegedly care about their customers. We are the ones who bring the customers back. We’re the frontline and facebof the bank, and yet the bank sees their people as just a number and not a human being dealing with real life.
Two of my three inter banking center superiors were females, and my regional superiors were females three times through. When I left the company, I decided to do so because at the time I didn’t know what I wanted to do with my life. One of my biggest regrets career wise is leaving this company because I know I would have grown quickly within it. My managers always coached me to do better, to apply for every promotion I was eligible for, and helped better me no matter what.
Very happy at this particular location, due in large part to our great on site leadership.
there is no such thing as inequality in the workplace and people who think there is are reaching. I'm a feae lived in 4 states had 5-7 jobs and have always felt like it's actually men who are discriminated against. so let's stop with this ridiculous equality for women shtick.
Bank of America is better than many other companies I’ve worked for. However, it’s still corporate America. There’s no human touch. We are all numbers, and we are expected to reflect our robot-likeness in our quality and production. It’s soul-robbing.
Over all I’m happy with BOA. The benefits makes up for lower salaries (in comparison to other companies providing the same products). They’re training MO is basically, “here are some 8hr web-based training classes for the first week, then one or two days sitting with another employee (who is busy and overwhelmed). By the end of the second week you’ll have a full work load. And full expectations dealing with comstomers money.... don’t screw up!” Sink or swim.
The majority of the leaders are male. Women have to work twice as hard to be considered half as good. They have zero tolerance for family needs. I was demoted 4 years ago when I told my boss my son had a terminal illness. The executive tried to force me to quit and were super abusive. I needed a job though for hospital bills.
Since that eye opening experience, I switched departments and keep my family issues to myself now. I’ve been promoted back to my former level. I’ve always been considered a top performer. That incident opened my eyes that in a flash I can be considered of no value if I can’t work 60+ hour weeks.
However, I’m paid very well to be treated badly and up for another promotion. I figure staying and trying to lead by example might be a better than chasing the perfect company. I can work to create better. I honestly still love my company. There are a lot of great people there.
When I had to go on leave for a medical condition, my management team bad-mouthed me and made it nearly impossible to have my time to recover. Then, when I was on leave, they had the leave and disability team call my doctors, threatening them if they wouldn’t release me from my LOA sooner than I should be cleared.
As a woman, I was subjected to lots of sexist comments in addition to having my looks and body commented on repeatedly. I was also subjected to lots of inappropriate touching.
Greta place to work if you can stand being on the phones all, day . Have amazing support for pregnant woman. Aren't the always wanting the best for the customer sometime have to sell credit cards to people who dont really need them.
BAC is so large that experiences widely vary based on the team and mid to upper-level management of your department and team.
Not equal pay for women. Men are always promoted before women.
I was sexually harassed there was proof and they did nothing uncomfortable work environment
Management was so helpful, encouraging and a company for a woman to move up and take care of her family.
Overall its a good company to work. Mostly the customers that drain you.
I wish I saw more Fenale Senior leadership. But the women I do see in leadership roles have been trained with the same everything as men. Pay is equal as well.
The bank, or at least my department, doesn't seem to really care about the well-being of its employees. There is some decent work hours flexibility and time off, but you'll definitely need all of the time off you can get in order to survive the stress.
Worst place I've ever worked! People are miserable: overworked and underpaid. Managers are horrible people. All of them. They must train them to be mean and uncaring. If you complain to HR about them, your manager will find out even though it's supposed to be anonymous. And you'll be put on a list and let go with the next round of layoffs, which happen regularly, at least twice a year, but definitely every fall. Employees know this and you can actually feel their fear and stress when you look them in the eye.
If you want to grow your career this is not the place. If you enjoy being micromanaged, being lied to, being under valuec and over worked then this is the place for you.
Great fit for someone who like fast paced environments with occasionally pressure for producing referrals.
If better managers were hired at the retail banking level associate morale would sky rocket.
The benefits are amazing and a great place to start a career.
The framework and rhetoric are improving daily. There is a ton of effort invested and most positive sentiment, but it seems that old habits die hard. Many of the people that need the awareness and awakening do not attend the many trainings. They've learned about diversity, but they haven't figured out the inclusive part.
16 weeks paid leave for both parents is a huge plus.
Great place to work, people were generally happy and got along well. The work was not overly demanding.
I thoroughly enjoyed my employment with Bank of America. Enjoyed my peers who were very fun, insightful and easy to get along with. The learning opportunities that I experienced there are second to none. Phenomenal learning portal with endless possibilities. Great encouragement from leadership as well to learn more and grow. I was able to wfh for up to 72 hrs a month which was great for when you need it.
they fired my whole division after they took over my previous employer/bank.
The culture at Bank of America is awful. My boyfriend's twin died while I worked there, and though I was his ride to the burial, they wouldn't let me take the whole day off. We almost missed it.
BAC is still very much a "good ole boy" environment. I hear misogynistic talk almost daily.
I worked there for 10+ years. It went from a decent place to work to slowly becoming intolerable. My old manager, who was great and everybody loved him, was laid off, and a new manager took over. She only got the position because she had friends in high places. She was insufferable and a bad manager. She spent very little time in the office, always off getting her nails done and going to spin class. She worked everybody to the grind and did nothing herself. I'm glad I left when I did.
BOA has a great climate for female employees. Wish the HR had a more human approach. Everything is done overseas, over the phone or through email on your own time. Not the easiest to navigate. Still enjoy the company overall.
Bank of America is a great place for someone established in their career with a family and wants a slower paced environment. If you are really driven and want to work on cutting edge projects, this place is not for you. Tech is not the main focus at Bank of America, and it really should be!
So many pluses but a HUGE GAP EXISTS WITH FLEXIBILITY and work from home. Work from home I hear is too expensive for the company at the expense of associates. If you are high up enough it's no big deal. Not so for everyone else.
I actually love my job, I have never had a real issue and they provide amazing opportunities for men and women.
Men were always promoted quickly and were assumed to be next in line for promotions, with women training them to do it. All the senior leadership and high paying positions in finance and business banking were filled with men. Starting bonuses and salaries were also higher for men although it was meant to be a big secret because discussing salaries was against company policy.
Although a diverse company to work. Compensation and flexibility are not there.
Bank of America has a very generous maternity and paternity paid leave of 16 weeks after working there 1 year. They offer Merit raises at the end of the year based on performance. Overall managers I've had really take the time to listen to their employees and their feedback on what improvements can be made. Lots of room for advancement as well as long as you out in the hard work.
It's a large corporation and they go out of their way to discriminate legally.
Very good company to work for and grow.
There is a serious boys club at B of A. If you aren't a woman, it is twice as hard to be progressed, or promoted. Every announcement of promotion I have seen has had a ratio of 3 to 1, men to women, or worse. It's like they are stuck in 1970's where women were forced to wear stockings and smile just to stay employed. What's worse is that the women that are in management are as bad as the guys about keeping other women down. I was seriously told by a woman in management that I needed to work twice as hard as the guys do just to be noticed. This company likes to appear progressive, but that is not visible in their day to day operations.
Good place to start a career in banking industry.
Cancelled company gatherings that I can recall. Morale is low due to this fact. Pay is low and responsibilities are sky high.
Bank of America has opportunity to move up but you maybe waiting around for it for a long time. Upper Management is extremely hard to work for, unrealistic expectations, don't get to know their staff. Pay was the only reason I stayed for 9 years.
Benefits are great for everyone but it's definitely still a mans world. Woman just make less and will not raise as high as their male counterparts. It's all about business too. Not much in the way of team building or social interactions.
I had the ability to be a coach. Helping new hires. I found I enjoyed that very much. However call centers at entry level chain you to a phone and monitor your every move.
Neither I nor anyone I'm acquainted with have ever experienced gender-based discrimination where I work. The diversity and inclusion efforts on Bank of America's part are genuine and comprehensive, and I therefore have every confidence that any such offenses would be dealt with swiftly and harshly.
Working here made me wish I were dead some days. Managers goal was to make me feel stupid and cry.
Great maternity and paternity benefits! 16 weeks for moms and dads, 100% paid and you don't use your vacation or sick time!
Literally every single male co-worker of mine made more than me EVERY single one. My male coworkers were recognised more and given more opportunities to be promoted. One or two married male managers made me feel uncomfortable...I heard one of them who manages fraud cheats on his wife quite a bit with other assoiates. I felt that was absolutely inappropriate. Pretty girls get preferential treatment. Maternity leave is fair, I will say that. The lactation rooms are disgusting. I ended up quiting my job after my son was in the hospital. My manager wouldn't tell me if I still had a job and HR said it was up to my superiors. I was so stressed out about my son I couldn't keep up with it and decided to quit. I didn't want to be walked out and embarrassed after enduring my child being so sick it was to much stress. When I began dating someone I worked with he decided to apply for a different department (having nothing to do with our dating). Other managers began to treat me different and I am still not sure why. Unattractive female managers target female employees who they feel threatened by. I felt like I was never taken seriously despite the fact that I have two college degrees. In short, not much different than any other office environment. People will be people but the pay difference... Unacceptable
Need longer maternity leave, 4 months is too short, we need at least a year paid!
Four months paid parental leave- for moms AND dads. Great health benefits. Child care reimbursement and super cheap backup care options. Never had a problem calling off for sick leave even in understaffed locations. Overall extremely family friendly and equal opportunity.
Doesn't care about market leaders bully management.
In a position where I have access to salaries and performance data for 400+ professional employees. Analysis of that data indicates that women's salaries are 73% of men's salaries and receive promotions at a rate of 44% compared to men's. However, women consistently outscore men on monthly and annual performance ratings , and women's tenure is, on average, 4 years more than men's. Women are expected to volunteer their time and money for social functions (bring a dish!), community projects (shop for an angel!), and general office cleaning.Side note to gender: race plays an even bigger role on salary discrepancies.
While the area manager and banking center manager are female, the assistant banking manager is a male who is not only demeaning to women but shows clear favoritism. If you are not his race he is very discriminatory towards you and can be very condescending.
The management there was very verbally abusive
Bank of America has so many opportunities and was an amazing company to work for. Although they do offer maternity/adoptive leave, isn't very long and only available after a full year of service. But they do have a legal fund to help employees, all kinds of perks, lactation room, etc. There isn't much opportunity to change your schedule and many shifts are at times that are inconvenient to parents.
While rare, as a woman I've encountered some biased from some male employees, though it doesn't embody bank of America's beliefs as a company.
Great company to work for. They have a great maternity/paternity leave benefit. Bank of America offers 16 weeks of paid time off along with an additional 10 weeks unpaid for bonding time.
Over all management encouraged working in the grey area. I have hi morals and values, so this was not an ideal work environment for me. But if you are ok with this, you can make his money.
I am female, but I think how much companies cater to one demographic over another is rediculous. I feel this is done more because they are afraid of being sued, instead of doing it because they want to provide a safe and happy working environment.
The bank does a great job of getting women into managerial roles. I literally work with more women than men (at a mid-senior to senior level). However, there are fewer women the closer you get to the top. Great mentor program, great benefits, just extended maternity leave. It has your typical corporate issues, I think. And I believe work environment is much better when you are in a major bank location like Texas or California...satellite sites aren't given the same resources and struggle to align with overall company ideology. Also many more lateral and promotion opportunities in those areas. Very LGBT and minority welcoming too. Again though, thinner the higher up.
In March our area went thru a reorg. Those given packages were ALL women and minorities. Then they put all white, males in leadership positions. It's the culture there. An unhappy place to work!
No regards for family/work place balance. I am a single mother and they would not even consider a schedule change! They wanted me to work 1:30 pm - 10:30 pm! I have a small child and her daycare closes at 6 pm! And I asked for a schedule change 5 weeks in advance!
BOA is a great company to work for, the benefits really make up for the work you do and there is many career opportunities available. The retail banking side of the business does not offer much flexibility with schedules or options to work from home but other departments do. Advancement opportunities depend a lot on who you know.
Bank of America is a "boys club". No opportunities for women, no mentorship, no prospect of a leadership role and no flexibility whatsoever.
Excellent company to work for!
I was their top employee with top sales in the district. They forced me to resign for being sick on the day of an audit. This made it so that I couldn't apply for unemployment. Glad I don't work there anymore.
BofA has been great. I have the ability to work from home and be around when my kids need me, yet my career and paycheck have grown over the years. I like my management team and peers. Wouldn't trade it.
Bank of America has some of the best benefits in the industry...paid maternity leave, paternity leave, adoption leave...some of the best healthcare options compared to others in the financial industry. Flexible work options & telecommuting for many jobs (of course you can't telecommute if you're a teller). There are many many many opportunities for non-traditional banking roles, especially in technology. Bank has internal affiliate groups that focus on leadership & career development for various diverse groups - the largest is dedicated to women. Overall great place to work for women.
Culture of sexual harassment. Less advancement opportunities for women. Promotions, salaries, and severance packages are viewed through the traditional gender role lens: Men are promoted to management positions provided with hefty raises, bonuses, and severance packages because "they have families and stay-at-home wives to support."
I worked at BOA for 34 years and was recently let go for reasons I still don't understand. I started at C&S Bank of GA. and as long as my management was centered in GA, it was a great place to work. The bigger it got, the more management heavy it has gotten and now everyone is afraid of losing their jobs. In general, i felt like men and women were treated pretty as equals. I have never felt discriminated against until recently and then it felt mostly about age rather than gender.
Thanks very much.
its a bro-y sales environment with at time unhealthy levels of competition. Female managers are expected to be nice a nurturing yet yield the same sales and operational results as men who aren't held to same standard. The GOOD thing is that it gives women 3 months paid maternity leave and men 3 months paid paternity leave. If the work environment and work life balance were better, the leave would be worth it.
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