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

Lady of grace and B.S.

Sr Project Manager

Global Tech & Ops

January 1970

I've worked here for 10+ years. There are a lot of successful women who work in my area - including myself to a certain extent. However, there is a ceiling...and only those women with strong male sponsors break thru the ceiling. Cute, young, sassy women have no problem establishing that strong sponsorship but one little misstep seems to be detrimental. Re-orgs are fast and furious - you can be on top of your game one week and the next week you'll be reporting to a peer. I call it the 6-month humiliation factor....about every 6-months your situation will change and you have to suffer the humiliation of some sort of setback. Lay-offs are fast and furious too. A favorite co-worker will be working on your project one day and the next day they just disappear. No one talks about people disappearing. There is a constant fear of being laid off - and it causes this dynamic, I call it the 'looky-looky' dynamic. This is where everyone is walking all over everyone else to prove their worth. "looky-looky what I did - I'm better than Joey and Janey". Introverts have a hard time here. You have to play into the "looky-looky" or you just aren't noticed. Hard work, good work don't mean much - it's all about the politics. So why do I stay? Benefits and flexibility. But that is changing. Bank is eliminating the flexible My Work program and calling everyone back into the office (but there is no real estate or parking available...but that doesn't seem to matter). Bank is also following every other large corporation in scaling back on benefits. 4 weeks of vacation plus 10 bank holidays and 10 'sick' days is still wonderful....I look for it to go away soon too!

Job Satisfaction Level

2.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    9 hours

  • Are Women and Men Treated Equally?

    No

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Maybe. if you can deal with the politics, go for it

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Lady Liaa22

Teller

Banking

January 1970

There are more women then men working for Bank of America

Job Satisfaction Level

5.0
  • Recent Salary

    $0-$25k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    7 hours or fewer

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Yes

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Lady anon680

January 1970

Management is male dominated. You'll find women at the Exec level, but overall, women make up a majority of the support roles. Maternity leave is generous. However, there is an underlying current of fear when considering time off. They are doing away with being able to work from home. Calling everyone back to the cube farms without monetary compensation. Raises have not occurred in years.

Job Satisfaction Level

3.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    11 hours

  • Are Women and Men Treated Equally?

    No

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    No

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Lady PONB

January 1970

1) Consistent and ongoing re-organizations cause a great deal of stress. You do not know from day to day if you will have a job, if your career plans will be thwarted, or if you will be re-assigned to a position that is not a fit. 2) While BAC executive leadership readily and continually re-org and re-assign employees to new roles, it has become very difficult to seek out and secure new opportunities via your own efforts. Many of the candidates that have filled positions were preselected even before the role was posted. Job postings have become nothing more than legal CYA. 3) I have worked for BAC for 17 years. When I first started we were referred to as "colleagues". That changed to "associates" around 2005. It changed to "employees" in 2012. This very deliberate and calculated change speaks volumes about the current culture and is experienced in how we "employees" are regarded/treated.

Job Satisfaction Level

3.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $10k-$20k

  • Typical Hours (per day)

    10 hours

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    No

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Lady DogMom

Marketing

January 1970

Negotiate best you can when you get hired because raises barely exist even if you are a top performer and don't keep up with cost of living. I want to believe men and women are treated fairly we have women in senior roles but next levels down seem more like boys clubs when promotions come around. Bonus are usually flat to year prior at best, while they tell you they are on performance I haven't seen it.

Job Satisfaction Level

4.0
  • Recent Salary

    $100k-$150k

  • Recent Bonus

    $10k-$20k

  • Typical Hours (per day)

    10 hours

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Maybe. yes just expect to stay where you are not much to move up

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Lady codegeek

Consultant - Apps Programming

Client Facing Platforms Technology

January 1970

Don't expect to get promoted to any sort of management role in technology. It is 90% male dominated. They talk a lot about diversity and inclusion, but fail to put women in leadership. Paid maternity leave is new and offers up to 12 weeks - which would have been nice when I had my child 7 years ago. I had to take FMLA leave (unpaid) and am still resentful about having to go back to work so soon, but at least I still had my job when I got back. My managers are great, but they have very little control over promotions and pay raises.

Job Satisfaction Level

3.0
  • Recent Salary

    $80k-$100k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Are Women and Men Treated Equally?

    No

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Maybe. Only if you're coming in as a high-level exec

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Lady IndianPipe

Analyst

January 1970

nada

Job Satisfaction Level

5.0
  • Recent Salary

    $0-$25k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    7 hours or fewer

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    Yes

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Madam Duck

Business Tech Analyst

IT

January 1970

Since I needed maternity leave, it has increased to 12 Paid Weeks for mother AND father. I've been gone a couple years, but when I left flexible work arrangements were an option depending on your job role. I was able to work remotely which allowed me to have a babysitter within minutes of my home instead of a significant daily commute. The vacation/holiday/sick leave was some of the best I've come across as well. Of course depending on your direct manager, you may come across someone who is less progressive than the company intends, but for the most part I had a wonderful experience there.

Job Satisfaction Level

5.0
  • Recent Salary

    $80k-$100k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Are Women and Men Treated Equally?

    Yes

  • Took Maternity Leave Here? (Weeks)

    9 paid / 0 unpaid

  • One Thing Employer Could Improve

  • Recommend to Women?

    Yes

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Lady Amaze123

IT Engineer

January 1970

The money isn't worth it, even for a short period of time. Keep looking and get experience at a place that treats you like a human being. It felt and smelled like a corporate level sweatshop. Imagine yourself in a dark windowless room for 9 hours a day, just looking at a computer screen, hoping you're doing the right thing, because there's little to no transparency or direction on projects. You start working on a project, feel like you're getting traction, only to have some Exec pull the rug out from underneath you, so you switch direction and go 100mph at something else instead, and even then you might not be doing the right thing. Not sure? Don't worry your project manager will let you know in front of everyone tomorrow at your morning standup. 1) Boys Club Culture - even the women "played the game" in order to get ahead. It was really sad. No real support from any women in power positions. 2) Visa workers really hurt the work culture because they are just happy to have a job in America, they put up with anything. The visa workers would come in ridiculously early, work late, work weekends unpaid, work in inhumane conditions, get shouted down by managers and still come back with a smile on their face. 3) Zero on-boarding or training to get you oriented, they just throw you in and you have to figure it out. 5) Lack of management support or guidance - you only saw them when things were going wrong. 6) Maternity leave is a bait and switch - they tease you with 3 months paid leave, you have to wait a full working year to even qualify for it, if you're not laid off when they re-do budgets every year.

Job Satisfaction Level

1.0
  • Recent Salary

    $50k-$80k

  • Recent Bonus

    $10k-$20k

  • Typical Hours (per day)

    9 hours

  • Are Women and Men Treated Equally?

    No

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    No

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Lady anon419

Relationship Banker

January 1970

Selling is all they are interested in. No matter what roll you have with them. All they care about is the sale!!

Job Satisfaction Level

4.0
  • Recent Salary

    $25k-$50k

  • Recent Bonus

    $0-$10k

  • Typical Hours (per day)

    More than 12 hours

  • Are Women and Men Treated Equally?

    No

  • Took Maternity Leave Here? (Weeks)

    None taken

  • One Thing Employer Could Improve

  • Recommend to Women?

    No

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