Bank of America Corporation

Headquarters:Charlotte, North Carolina(USA)10,000+ Employees
3.2
 
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Employee Reviews
(Winged ratings measure job satisfaction on scale of 1 to 5)
Anonymous Review Image
"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."
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"yes"
One thing Bank of America Corporation can improve?
"Promote more women into leadership positions"
Position or Department
Finance Manager, Finance
Recent Salary
>$150k
Recent Bonus
>$100k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours, Culture, Policies
Did you take Maternity leave?
"Yes"
12 Paid | 0 Unpaid
"They now offer 16 weeks paid to both parents, including for adoption."
Would you recommend Bank of America Corporation to other women?
"Yes"
Anonymous Review Image
"Good, if you want an easy job and want to spend more time with kids."
Overall Job Satisfaction:
2.0
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"not sure"
One thing Bank of America Corporation can improve?
"Promote more women into leadership positions"
Recent Salary
$100k-$150k
Recent Bonus
$20k-$50k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours, Culture, Policies
Did you take Maternity leave?
"No"
Would you recommend Bank of America Corporation to other women?
"Depends upon which team. "
Anonymous Review Image
"Great maternity leave policy (16 weeks) and very competitive benefits "
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"Yes"
One thing Bank of America Corporation can improve?
"Improve work-life balance and policies (e.g. flex-time, limit face time)"
Position or Department
Senior Vice President (SVP),
Recent Salary
$100k-$150k
Recent Bonus
$20k-$50k
Did you take Maternity leave?
"Yes"
16 Paid | 0 Unpaid
Would you recommend Bank of America Corporation to other women?
"Yes"
Anonymous Review Image
"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. "
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"Yes"
One thing Bank of America Corporation can improve?
"Improve my compensation"
Did you take Maternity leave?
"Yes"
12 Paid | 0 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. "
Would you recommend Bank of America Corporation to other 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."
Anonymous Review Image
"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"
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"No"
One thing Bank of America Corporation can improve?
"Improve my compensation"
Position or Department
Vice President, Operations
Recent Salary
$100k-$150k
Recent Bonus
$10k-$20k
Did you take Maternity leave?
"Yes"
16 Paid | 0 Unpaid
"Recently increased leave from 12-14 weeks"
Would you recommend Bank of America Corporation to other 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"
Anonymous Review Image
"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."
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"No"
One thing Bank of America Corporation can improve?
"Improve my compensation"
Position or Department
Vice President (VP),
Recent Salary
$100k-$150k
Recent Bonus
$20k-$50k
Did you take Maternity leave?
"Yes"
16 Paid | 8 Unpaid
Would you recommend Bank of America Corporation to other women?
"depends on the department, position and career goals"
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