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Bank of America Corporation

https://www.bankofamerica.com/
Women's Job Satisfaction (5=very satisfied)
3.2
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anon3687

Commercial Teller

Retail

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January 1970

Great place to work, maternity benefit starts after a year of working there.

Job Satisfaction Level

5.0
5.0
  • Recent Salary (USD)

    $25k-$50k

  • Recent Bonus (USD)

    Not eligible for bonus

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Hours, Culture, Policies

  • Flexibility of the employer

    1 2 3 4 5

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Not much; it's a great place to work

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scbanker

Finance Manager

Finance

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January 1970

Generally speaking, Bank of America is a great place to work. I think there is a desire from the very top management to treat men and women equally. I think it's enforced differently in different departments, so the micro-climate is very important of any particular division.

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    >$150k

  • Recent Bonus (USD)

    >$100k

  • Took Maternity Leave Here? (Weeks)

    12 paid / unpaid

    They now offer 16 weeks paid to both parents, including for adoption.

  • Are Women and Men Treated Equally?

    Yes

  • Family Friendly Aspects

    Hours, Culture, Policies

  • Flexibility of the employer

    1 2 3 4 5

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Promote more women into leadership positions

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uam

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January 1970

Good, if you want an easy job and want to spend more time with kids.

Job Satisfaction Level

2.0
2.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $20k-$50k

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion, Evaluation and Reviews

  • Family Friendly Aspects

    Hours, Culture, Policies

  • Flexibility of the employer

    1 2 3 4 5

  • Recommend to Women?

    Depends upon which team.

  • One Thing Employer Could Improve

    Promote more women into leadership positions

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anon2749

Senior Vice President (SVP)

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January 1970

Great maternity leave policy (16 weeks) and very competitive benefits

Job Satisfaction Level

3.0
3.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $20k-$50k

  • Took Maternity Leave Here? (Weeks)

    16 paid / unpaid

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Improve work-life balance and policies (e.g. flex-time, limit face time)

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anon2734

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January 1970

Depending on your LOB, fully utilizing your maternity leave, vacation and sick time can prove to be a challenge. Overall benefits are decent but external hires seem to be able to make the most of their transition to BofA and are richly compensated for the same work an internal hire may be promoted into.

Job Satisfaction Level

3.0
3.0
  • Took Maternity Leave Here? (Weeks)

    12 paid / unpaid

    The leave policy changed 3 weeks after I returned to reflect 16 weeks fully paid. Although I could have utilized those changes and gone back out on leave I decided to continue working.

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Depends on the role and whether you are prepared to engage in office politics. It's very much who you know and what those you know think or you. In addition, I am not completely familiar with ML, but from my observations this affiliate of the bank is still very much male dominated.

  • One Thing Employer Could Improve

    Improve my compensation

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anon2694

Vice President

Operations

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January 1970

Depends on the department spnits very important to understand culture before accepting a position. You also need to be comfortable with change because more than likely your position will change in 6-12 months

Job Satisfaction Level

3.0
3.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $10k-$20k

  • Took Maternity Leave Here? (Weeks)

    16 paid / unpaid

    Recently increased leave from 12-14 weeks

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Recommend to Women?

    Depends on the department spnits very important to understand culture before accepting a position. You also need to be comfortable with change because more than likely your position will change in 6-12 months

  • One Thing Employer Could Improve

    Improve my compensation

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NYCSunshine

Vice President (VP)

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January 1970

In some aspects the company is efficient and exciting but in it is also very beaurocratic and poltical; getting work done and receiving proper reward/recognition can be difficult - short-sighted cost cutting comes at a great expense.

Job Satisfaction Level

3.0
3.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $20k-$50k

  • Took Maternity Leave Here? (Weeks)

    16 paid / 8 unpaid

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion, Evaluation and Reviews

  • Recommend to Women?

    depends on the department, position and career goals

  • One Thing Employer Could Improve

    Improve my compensation

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Anonymous - 9656

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January 1970

Overall I think there are strong woman and family friend pollicies but the ability to use them and feel confidenct that your career growth will not be stiffled is very depedent on the team.

Job Satisfaction Level

3.0
3.0
  • Recent Salary (USD)

    $100k-$150k

  • Recent Bonus (USD)

    $20k-$50k

  • Took Maternity Leave Here? (Weeks)

    None taken

    This was recently increased to 16 weeks.

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Family Friendly Aspects

    Hours

  • Recommend to Women?

    With any large organization, I think the culture can change dramatically across teams and largely is dependent on your manager and executive team.

  • One Thing Employer Could Improve

    Improve my compensation

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Anonymous - 9261

Like this review? 0

January 1970

Job Satisfaction Level

3.0
3.0
  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Recommend to Women?

    depends on the opportunity and the pay

  • One Thing Employer Could Improve

    Improve my compensation

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Anonymous - 9248

Like this review? 0

January 1970

Flexiblity dependand on group and manager. Culture is still plagued by concerns of "when is the next round of layoffs".

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    >$150k

  • Recent Bonus (USD)

    $50k-$75k

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Yes

  • One Thing Employer Could Improve

    Improve my compensation

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