Bank of America

Charlotte10001+ employeesEst. 1904Website
bankingfinancial services insurance
3.8
Overall

Rating Breakdown

Salary
3.5
Work-Life
4.1
Culture
4.0
Growth
3.6

Company Info

Founded
1904
Employees
10001+
Turnover (Cr)
10000+ Cr
Headquarters
Charlotte

Pros & Cons(583 reviews)

👍 Pros

  • Work-Life Balance134
  • Work Environment97
  • People/Colleagues75
  • Leave Policy72
  • Brand Name70

👎 Cons

  • Limited Onsite Opportunities84
  • Salary83
  • No Work from Home77
  • Average Yearly Appraisal59
  • Limited Career Growth Opportunities57

Salary

Is the salary as per market standard?

Yes
129 (60%)
No
87 (40%)

Tell us about your last increment

Less than 10%
76 (35%)
10-15%
81 (37%)
15-20%
46 (21%)
Not Eligible
14 (6%)

Work life balance

How many hours you normally work in a day?

5-6 Hours
6 (40%)
8-10 Hours
7 (47%)
10+ Hours
2 (13%)

Does Bank of America have a flexible working hours policy?

Yes
12 (80%)
No
2 (13%)
Case to case basis
1 (7%)

Company culture

How smart are your colleagues?

Extremely smart
87 (38%)
Average
127 (55%)
Below average
15 (7%)

How punctual are your co-workers?

Always on time
96 (41%)
Most of time
118 (50%)
Seldom on time
21 (9%)

How often do you have parties/offsites?

Weekly
8 (3%)
Monthly
20 (8%)
Quarterly
163 (69%)
Yearly
34 (14%)
Managment doesn't believe in it
11 (5%)

Career growth

How often do employees get promotions?

Less than 1 year
18 (8%)
1-2 Years
61 (27%)
2-3 Years
80 (35%)
3+ Years
69 (30%)

How many trainings do you attend every year?

More than 6 times in a year
65 (28%)
3-5 times in a year
86 (37%)
1-2 times in a year
72 (31%)
No such programs
12 (5%)

Salary Insights

RoleMinAvgMax
Customer Care Executive/ Associate - Non Voice/ Web162K292K534K
Software Developer/ Programmer280K842K1595K
Operations/ Process - Associate167K288K482K
Back Office Executive160K277K479K
Operations Executive/ Officer181K342K606K
Investment Banking Analyst212K468K898K
Financial Analyst175K363K696K
Other Financial Services168K392K900K
System Administrator155K616K1331K
Operations Manager247K826K1705K