Taro Logo

Good if you enjoy the banking culture

Applications Manager
Former Employee
Worked at Bank of America for 20 years
January 3, 2018
Charlotte, North Carolina
3.0
Positive OutlookNo CEO Opinion
Pros

BofA is a good company overall. They tend to support diversity, and their salary is competitive.

Cons

Still backward in some areas.

They had work from home, and then shut it down. This, even though many IT teams work globally and do not sit in the same city or country.

They also tend to be very reactive. If a crisis arises in one department in the company, they assume they have the problem everywhere. Lots of time is spent solving problems you don't have.

Advice to Management

Value your experienced workers. You tend to cut the top in favor of the bottom. That is why you have so many repetitive issues.

Think one or two years down the road, not quarterly.

Finally, create career paths and let your skilled labor pick where they want to go. Your employees know best what they love to do. Let them slot themselves into jobs they love, and your productivity will skyrocket.

Was this helpful?

Bank of America Interview Experiences