Bank of America Corporation

https://www.bankofamerica.com/
Review User Image

Lady Jade

Teller

Send Message

Like this review? 1

January 1970

The emotional and physical harassment is not worth it

Job Satisfaction Level

1.0
1.0
  • Recent Salary (USD)

    $0-$25k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    7 hours or fewer

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    No

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady Luck

Merrill Lynch Financial Advisor

Sales

Send Message

Like this review? 0

January 1970

If I think back to before my first day, the interview process, I would tell myself to run for the hills and not take the job. The interview process lasted three months with seven different interviews and the final interview being a panel of three advisors and then finally a one on one with the director of the complex. The whole time they try to convince you to not take the job, and the director flat out told me I was a toss up because of my GPA. Looking back my gut was trying to tell me this was not the right decision. Fast forward five months into the job, I had all of my required licenses (series 7, series 66, life and health insurance). I was feeling ready to start my financial advising practice just like my father had at my age thirty years ago. I was lucky I had him to mentor me through the confusing times, and I was also lucky to have a mentor on my team who saw my potential and was the most encouraging person I have ever met. He was a man. In my experience everything went sour when my male mentor left our team of 10 taking 7 of the teammates to start his own firm. I couldn't hate him for this. I was actually really happy for him and didn't blame him for not taking me. I was not producing any business yet. What happened next ultimately led to my resignation. I was untrained, and told/expected to cold call from 8:00a-7:00p everyday or do whatever I need to do to get business through the door. What they don't tell you at BofA/ML, is that you make your own cold calling lists, you have to learn SalesForce on your own, and then see if you'll sink or swim. Most young advisors catch breaks early on from their family's, however I did not have this advantage. I ended up going on an all male team (there was only one all female team in the complex who did not take on young advisors). Lucky enough for me I heard my new "mentor" say that "young advisors are the best, because they do all the grunt work, never make their quotas because they're set too high by the corporation, and 'we' (the mentors) get 1/2 for not doing anything. Finally when they (young advisor) leaves, we get all the business they brought in." It was a reality check for me. This mentor told Merrill Lynch management that he was going to help grow talent and train young advisors but at the end of the day he only cared about himself. This business is a tough gig. Know what you are getting yourself into. Also, for women, know that most of the women in the office are Client Associates or Secretaries. The women I knew who were Financial Advisors were either anxious and miserable, divorced a few times, or never married. The job took over their lives, they never made it to their kids events, and because it is a male dominated industry, their male counterparts never fully understood these women's roles as mothers. After a few months of realizing what I had gotten myself into, and what I did not want to become, I got myself out. The only way I would ever go back to financial advising, which I enjoyed, is if I joined a small private firm that wasn't as behind the times as ML is. The positives: If you can make it, you can make A LOT of money. Also, Merrill Lynch Global Research is some of the best in the business which is great for their clients. Major con: management has the backs of the high producing financial advisors. Don't expect things to be "fair".

Job Satisfaction Level

1.0
1.0
  • Recent Salary (USD)

    $25k-$50k

  • Recent Bonus (USD)

    $10k-$20k

  • Typical Hours (per day)

    10 hours

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    No

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady June

Fraud anyalist

Fraud

Send Message

Like this review? 0

January 1970

watch your back and if you are over 40 forget about getting promoted.

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    $25k-$50k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    No

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady Raji

Analyst I Apps prog

IT

Send Message

Like this review? 0

January 1970

Its good if you have knowledge

Job Satisfaction Level

5.0
5.0
  • Recent Salary (USD)

    $50k-$80k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    No

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady GIgirlie112

Send Message

Like this review? 0

January 1970

There is absolutely not relevant training. You are expected to know quite a bit, being in the industry for years I did know a lot, however the training is atrocious and not user friendly at all. There needs to be an HR program devoted to primarily training offsite so you get the feel of exactly what you're supposed to know i.e how you are supposed to product results also. I was however, involved in a bank robbery, and the leave of absence HR division was super accommodating, but the internal upper management played several political games with me.

Job Satisfaction Level

3.0
3.0
  • Recent Salary (USD)

    $25k-$50k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    No

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Matt's Girl

Commercial Teller

Send Message

Like this review? 1

January 1970

Be very aware of the tendency for bullying from supervisors. I was top performer in the branch from the first month, for over two years until I left because they denied me FMLA to take care of my mother for two weeks after she had surgery. My TOS took a hate to me because she had favorites (19 and 20 year olds) that she let break every rule in the book, but because I followed the rules I made them look bad. My assistant manager enjoyed tantrums to humiliate staff infront of customers and this was all ignored by the branch manager and no response from HR. In all, a horrible, horrible company to work for.

Job Satisfaction Level

1.0
1.0
  • Recent Salary (USD)

    $0-$25k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    7 hours or fewer

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    No

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady Macintosh

Send Message

Like this review? 0

January 1970

This used to be a great place to work but has had a lot of changes that have proved to be negative for both the customers and employees. Change is only good when it provides improvement.

Job Satisfaction Level

1.0
1.0
  • Recent Salary (USD)

    $0-$25k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady Kara

Cash Rep.

Cash Operations

Send Message

Like this review? 0

January 1970

I worked here for 14 years and benefits were great. I even had vacation and holidays paid for working part time. They sold our department to another company. The benefits from the other company was worst.

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    $25k-$50k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Took Maternity Leave Here? (Weeks)

    6 paid / 0 unpaid

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Madam Dee

Send Message

Like this review? 1

January 1970

Run!

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    $25k-$50k

  • Recent Bonus (USD)

    $0-$10k

  • Typical Hours (per day)

    8 hours

  • Took Maternity Leave Here? (Weeks)

    None taken

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Review User Image

Lady A Girl

Project Managment Executive

Investments

Send Message

Like this review? 0

January 1970

I've worked here for some time and 2 children. Both maternity leaves and transition back to work were enjoyable. Never did I feel pushed. In my tenure I have had several promotions and have had successful growth. They also accomadate my ability to work from home.

Job Satisfaction Level

4.0
4.0
  • Recent Salary (USD)

    >$150k

  • Recent Bonus (USD)

    $50k-$100k

  • Typical Hours (per day)

    10 hours

  • Took Maternity Leave Here? (Weeks)

    12 paid / 0 unpaid

  • Are Women and Men Treated Equally?

    Yes

  • Recommend to Women?

    Maybe.

  • One Thing Employer Could Improve

Find Out

What are women saying about your company?

Click Here

Share This

  • Facebook
  • Twitter
  • Share with Friends
  • Share Anonymously
Women Review Bank of America Corporation for Culture, Pay and Gender Equality | Fairygodboss

Free, anonymous reviews of Bank of America Corporation by female employees, including pay, hours, maternity leave, flextime, and company culture

stars, based on 50 reviews Company Website Lady Jade Lady Luck Lady June Lady Raji Lady GIgirlie112 Matt's Girl Lady Macintosh Lady Kara Madam Dee Lady A Girl