Bank of America Corporation

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

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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
  • 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.

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Anonymous - 9261

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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

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Anonymous - 9248

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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

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anon1621

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January 1970

The benefits are very good including parental leave, elder care assistance, etc., however, it's such a large employer, it can be difficult to network, find mentors, and move around for your career.

Job Satisfaction Level

3.0
  • Recent Salary

    $80k-$100k

  • Recent Bonus

    $0-$10k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

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

  • Recommend to Women?

    Maybe. Bank of America Merrill Lynch is such a large employer, experiences for women may vary wildly among different departments in the company.

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anon1566

Portfolio Management Officer

Global Commercial Banking

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January 1970

I think flexibility and work/life balance can be location-specific. I have a very laid back manager who respects the demands of parenthood and encourages people to communicate honestly with him.

Job Satisfaction Level

4.0
  • Recent Salary

    $50k-$80k

  • Recent Bonus

    $0-$10k

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

    Bank of America has a fairly generous maternity leave policy.

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    Yes

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anon7956

Financial Advisor

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January 1970

Merrill Lynch is still a boys club. Management refuses to acknowledge this and give women the resources, pay, or access to level the playing field.

Job Satisfaction Level

2.0
  • Recent Salary

    $25k-$50k

  • Recent Bonus

    $0-$10k

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion, Hiring, Evaluation and Reviews

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Family Friendly Aspects?

    Hours

  • One Thing Employer Could Improve

    Improve my compensation

  • Recommend to Women?

    No

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anon1465

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January 1970

I worked at the Company early in my career so the best aspects about working at the company include: - career development opportunities - career advancement opportunities - good colleagues - good HR - good salary and benefits

Job Satisfaction Level

4.0
  • Recent Salary

    $50k-$80k

  • Recent Bonus

    Not eligible for bonus

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

    I was an Equity Research Associate within the Bank's investment banking division in 2004. The job itself was great, the compensation was fair, and the corporate office location was in a beautiful high rise overlooking mid-town Manhattan and Central Park. The hours could be long during corporate earnings season but overall, the work-life balance was decent given the nature of the job and its association with the capital markets. While I had personal challenges with my direct boss, my colleagues and other Bank staff were very congenial and helpful. Overall, I'd recommend the Company as a great place for career development and advancement within financial services.

  • Recommend to Women?

    Yes

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MammaTee

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January 1970

The only reason I work for this company is for the medical insurance.

Job Satisfaction Level

2.0
  • Recent Salary

    $25k-$50k

  • Recent Bonus

    $0-$10k

  • Are Women and Men Treated Equally?

    Not for Pay, Promotion, Hiring, Evaluation and Reviews

  • Took Maternity Leave Here? (Weeks)

    None taken

    I will be taking maternity leave in September and most likely only 6 unpaid weeks. My due date is September 14th and my consecutive one year of service is September 28th. Although, I have two+ years of service with the company from a prior employment period it has not been decided if that will be counted.

  • One Thing Employer Could Improve

    Promote more women into leadership positions

  • Recommend to Women?

    No

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Girlwithabrew

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January 1970

Communicating with your immediate supervisor about your needs for your work/family life is key.

Job Satisfaction Level

4.0
  • Recent Salary

    $25k-$50k

  • Recent Bonus

    Not eligible for bonus

  • Are Women and Men Treated Equally?

    Not for Pay

  • Took Maternity Leave Here? (Weeks)

    12 paid / unpaid

    No.

  • Family Friendly Aspects?

    Hours, Culture, Policies

  • One Thing Employer Could Improve

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

  • Recommend to Women?

    Maybe. Most of our benefits are pretty awesome and most of management is understanding and flexible when crearing your work/life balance.

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