Bank of America

"It's fine I guess? Bank of America isn't a tech company so you might not get the newest tech stack, but the work-life balance and compensation are solid."

"BofA has responded to the social media push to give minorities more visibility to senior management and promotion opportunities, which is great. Much more "open" culture than ten years ago but was driven out of social pressure rather than a culture cultivated from within. "

"Unless you like verbal abuse etc. and management who'll not have your back, don't."

"Find a mentor. A mentor is a vital advocate for you. "

"I encourage women of color especially African American women to start looking for a mentor on day 1. Secure 1-2 mentors early…. to help you navigate politics, relationships, and company. Without a mentor, you are more likely to get lost in this huge company and will be judged more harshly than your non-black peers who are often brought into the fold much earlier often bc they are “more relatable”. "

"Be wary of the branch, they are working with less than what is needed "

"This is a great company to work for, especially in a non-client facing role. There are a ton of women in leadership positions, and the company is very focused on work/life balance."

"Some people love it, so go for it. For me, I care about how others are treated."

"Make sure your manager supports the polices that exist in HR"

"Seek other women to help support you that you would support. Seek mentors/sponsors unlike you to provide new perspectives. There are many programs in place figure out which you'd like to participate in and obtain approval to move forward. They want us to succeed."

"The company is very supportive of women learning and growing within the company. It is a great place to develop your career. You can move throughout multiple departments to achieve a wealth of knowledge learning from great leaders and peers along the way."

"Promotions, which impacts money still favor men. Micromanaging bosses still very much present: "

"It all depends on the manager and the group you are working among. In some areas, you will be supported and can succeed. But not in others. If you land in an area where the culture is not positive - jump quickly into a new role. Don't wait for things to change - because that may not happen. "

"The culture in the analytics group is extremely toxic. Avoid."

"Flexibility is strongly valued, and supported by HR. The Company works hard to keep working parents in role (excellent and equal maternity/paternity benefits). Overall the management hierarchy is pretty equal between men and women, and they take diversity and inclusion very seriously, calling out their strengths and weaknesses in equal parts. I am exceptionally satisfied with my experience as a woman and working parent here."

"I was the only woman in my dev team. The tech is also old."

"Although more women are in leadership positions, there continues to be a "bro" culture. "

"For a company that has a workforce that's 200k+ strong, they're putting in work at a micro and macro level to drive D&I efforts. The CEO and exec leader team are highly visible when speaking out in support of diversity and the power it brings to a company."

"If you are in the wealth management or private wealth management divisions, you will find a good old boys club. Many of the biggest producers are men, who will hire an older woman with lots of experience and pay them the same as a younger guy just out of college - there is no accounting for extra experience. The old adage of "women are paid for results and men are paid for potential" applies here 150%."

"Most senior managers in my department were men. I have seen women stay in the same position for years not being promoted until they leave to another company."

"You can advance and benefits are awesome for single and other working women. Tech seems to be most in favor as anywhere but also Sales. Men have same paternity leave as women."

"good place to grow and develop. Also good mentors and peer groups"

"Don't. Despite being an 'Exceeds' rating performer every single year, I had to interview for jobs after both of my maternity leaves since managers are constantly changing. No 360 review process in my division, so everyone manages up. Terrible work/life balance - was recently told I needed to be available 24/7, including weekends and vacation time in order to continue to progress in my career. Great benefits and hard to get fired - many have been here a long time and suffer simply because they can do the bare minimum so others have to pick up the slack. There are better places to work, but great if you have given up and need a paycheck."

"Don't. There are better options out their for women, where your hard work will be more appreciated and better compensated"

"Understaffed. Stressful environment, but the people you work with care"

"I worked in the Investment Banking division as a junior woman so my experience may not be the same as other women at the company, but given that it's such a large corporation and very bureaucratic (and run mostly by white males), the company is representative of all the reasons why there are few women in senior roles at large American corporations."

"I have been treated equally and fairly at this company over the 35 years that I have worked here. When I have had to speak up for myself I have found that leadership has listened without bias."

"Communicate. Try to end up with a manager who is sympathetic and who has kids. "

"No your net worth prior to accepting any job offers."

"I feel like I add value and that I am valued!"

"Bank of America has a very flexible culture. They encourage working from home and accommodate working mothers with children."

"Good place to work if you get into the right department and get supportive mangers to help you."

"Dependent upon the boss, you may have a great work/life balance or you may not. Not consistent in work distribution."

"Male dominated industry where its hard to move up in ranks. They have enterprise-wide programs for diversity and inclusion but it is all team/ manager dependent."

"Issues of gender equality seem to be more pervasive at the company given the current social trends. "

"Negotiate up front and hold to what you advocated for from the beginnning. "

"Great bridge, but unless you reside in Charlotte or make money for the company via sales, you will stay stagnant for a really long time. If you are not looking to move up, then it is not so bad, if you can 1) tolerate pay inequity; 2) a total boys club; 3) looking for a job vs. career. Medical Benefits stink "

"need to work extremely hard and brag lot to shine"

"It’s better than any other bank. They are addressing all issues and have resolved most."

"Difficult working culture, seemed like diversity and inclusion was only important at the junior level"

"Bank of America has a wonderful maternity leave of 4 months and a great work life balance for client associates. For a client associate the regular work week is 37.5 hours and they encourage employees not to work more than that per week to promote work life balance. The starting PTO for a client associate is 3 weeks off and you can also trade compensation for additional time off in addition to the typical 3 weeks off."

"Women are treated fairly, compensation is good, and many remote opportunities."

"Bank of America is a good place to work and I've enjoyed working here."

"Terrific company with great opportunities for women. CEO and leadership teams are committed to diversity. Generous benefits & family leave policies. Less flexibile with remote work arrangements. Highly recommend this employer. "

"Power of 10 women’s networking groups are a fantastic way to network and mentor "

"Excellent benefits and parental leave. Supportive of paid time off and personal days. Supportive of community and volunteer initiatives."

"Pay raise increases are nominal. Get the money you want when you accept the offer. "

"For the most part, the Bank provides excellent work-life balance and open flexibility policies."

"Be prepared to play the old school boys game and maybe get lucky with some supportive female colleagues."

"On paper BAC supports working women but not in reality; especially in middle level management"

"Keep an hourly job to maintain sanity and work life balance."

"Beware. Awful place for women. They just put a few marketing dollars to places like this site to try to pretend otherwise. "

"Stand your ground from the get go. Learn to say no "

"When you have the leadership at the top of the organization that we do, and so many strong female leaders and allies, there is quite a bit of support and advocacy throughout the organization. "

"I think experience is dependent on who your manager is and what area of the company you are in."

"Opportunity for advancement and education. Very good benefits and flexible work schedule for associates in sales roles"

"The benefits are great for women to include a generous maternity leave, however, there is very little flexibility once you are back to work, depending on your department."

"Good benefits, but it's hard to call in sick. Probably would be harder to call in for a personal day or any time off. "

"Be prepared for layoffs. All departments are affected.. seniority is never taken into consideration."

"There are some associates and managers who at overlay competitive and take advantage of their position to negatively review good work by employees."

"If you can work your charm and are at good a being a diplomat and is looking to only have work for money and not for passion then this is the place for you."

"Good salaries and great benefits are available for project related roles."

"It seems to me that working at BoA is no different for men or women."

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

"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."

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

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

"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. "

"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"

"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 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."

"null"

"Flexiblity dependand on group and manager. Culture is still plagued by concerns of "when is the next round of layoffs"."

"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."

"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."

"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."

"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"

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

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

"Just like any other bank."

"Yes"

"Corporate culture is tough...men and women. Seems easier for men to take paternity leave and come back than women."

"Great place, great benefits, highly recommend"

"Amazing company to work for!! They truely care about their employees. I am a woman manager and my fcm is a woman they hire based on qualifications not gender."

"None"

"Women hold several mid level positions but there is definitely a glass ceiling. Also you will find your counterparts are paid substantially more than women."

"U need to b able to function under high stress"

"The typical big corporation company. They say that there is a balance between life and work but that is easier said than done. You are made to feel guilty whether you are a woman or a man if you have to take time off that is absolutely necessary. Some men have been promoted within the company by skipping steps where I have seen and been a part of promotions where extensive interviews and testing are required. I have never witnessed a woman being promoted by skipping steps. I have witnessed perfectly trained and more than capable woman passed by for promotions and people outside the company have been hired who have no banking experience. Yes it is nice to have holidays off with your kids but really it's not worth all the headaches and how unappreciated you feel at the end of everyday."

"Its a good company and you can move up or around but not so stable long term job wise. Laid off after 18 years."

"Women are treated unfairly compared to men, it is blatantly clear and there's no one to go to about it. Everyone turns a blind eye. Women work 10 times harder and do not receive the recognition or reward for their hard work. Men get paid and promoted faster than women"

"Even though some of the top Tech Execs are women, Technology & Operations is predominantly a male organization. Middle managers are judged on their ability to deliver on time and on budget, not on their commitment to diversity. Therefore, they rely on the "old boys" network to get a "body" into an open position as fast as possible. My team has over 25 Senior VP's, and only 1 of those is female. Women who advance to Exec levels appear to have made the choice to dedicate themselves to a career (I heard someone refer to an Exec by saying, "Bank of America is her religion") as opposed to women lower in the Org who appear to attempt a balance of work and family."

"Face time and immense politics - typical of a Bank but unusually so."

"There are corporate policies and initiatives focused on developing women and supporting balanced life for employees."

"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!"