Bank of America Corporation

https://www.bankofamerica.com/
Women's Ratings
  • Top rated company 2016
3.2
Women's Job Satisfaction (5=very satisfied)
Review User Image

anon3687

Commercial Teller

Retail

January 1970

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

Job Satisfaction Level

5.0
  • Recent Salary

    $25k-$50k

  • Recent Bonus

    Not eligible for bonus

  • CEO supports Gender Diversity?

    Yes

  • Are Women and Men Treated Equally?

    Yes

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    Not much; it's a great place to work

  • Recommend to Women?

    Yes

Review User Image

scbanker

Finance Manager

Finance

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
  • Recent Salary

    >$150k

  • Recent Bonus

    >$100k

  • CEO supports Gender Diversity?

    Yes

  • Are Women and Men Treated Equally?

    Yes

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    12 paid / unpaid

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

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    Promote more women into leadership positions

  • Recommend to Women?

    Yes

Review User Image

uam

January 1970

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

Job Satisfaction Level

2.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $20k-$50k

  • CEO supports Gender Diversity?

    I'm not sure

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion, Evaluation and Reviews

  • Level of Flexibility

    1 2 3 4 5

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    Promote more women into leadership positions

  • Recommend to Women?

    Maybe. Depends upon which team.

Review User Image

anon2749

Senior Vice President (SVP)

January 1970

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

Job Satisfaction Level

3.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $20k-$50k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    16 paid / unpaid

  • One Thing Employer Could Improve

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

  • Recommend to Women?

    Yes

Review User Image

anon2734

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
  • Are Women and Men Treated Equally?

    Yes

  • 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.

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Maybe. 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.

Review User Image

anon2694

Vice President

Operations

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
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $10k-$20k

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Took Maternity Leave Here? (Weeks)

    16 paid / unpaid

    Recently increased leave from 12-14 weeks

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Maybe. 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

Review User Image

NYCSunshine

Vice President (VP)

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
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $20k-$50k

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion, Evaluation and Reviews

  • Took Maternity Leave Here? (Weeks)

    16 paid / 8 unpaid

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Maybe. depends on the department, position and career goals

Review User Image

Anonymous - 9656

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
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $20k-$50k

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Took Maternity Leave Here? (Weeks)

    None taken

    This was recently increased to 16 weeks.

  • Family Friendly Aspects?

    Hours

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

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

Review User Image

Anonymous - 9261

January 1970

Job Satisfaction Level

3.0
  • Are Women and Men Treated Equally?

    Not for Pay, Promotion

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Maybe. depends on the opportunity and the pay

Review User Image

Anonymous - 9248

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
  • Recent Salary

    >$150k

  • Recent Bonus

    $50k-$100k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Yes

Find Out

What are women saying about your company?

Click Here

Share This

  • Facebook
  • Twitter
  • Share with Friends
  • Share Anonymously