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Bank of America Reviews

based on 2.6k reviews
Updated 16 Jul, 2024

Overall Rating

4.4

Category Ratings

4.6

Job Security

4.4

Work-Life balance

4.3

Company culture

4.0

Work Satisfaction

4.0

Skill development

4.0

Salary & Benefits

3.6

Promotions/Appraisal

Review Highlights

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Extracts are from real reviews, without any manual intervention.

Updated 16 Jul, 2024

Likes

The work culture is very satisfactory. Also, there is learning each day(27 reviews)

Job Security is one of the best things at Boa(16 reviews)

Great benefits are provided to employees(13 reviews)

I gained good exposure to working on complex projects(10 reviews)

The work environment is very good(8 reviews)

Dislikes

The salary package is comparatively lower than other companies(32 reviews)

The percentage of hikes and promotions is very low(22 reviews)

My personal experience in terms of my professional growth opportunities is very bad(20 reviews)

Human resource management could be better(6 reviews)

As it's a US bank, the timings are a little odd(2 reviews)

More Likes and Dislikes

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Bank of America FAQs

How is Bank of America to work for?
Bank of America is rated 4.4 out of 5, based on 2.6k reviews by employees on AmbitionBox. Bank of America is known for Job Security which is rated at the top and given a rating of 4.6. However, Career growth is rated the lowest at 3.6 and can be improved. To know first hand how it is like to work at Bank of America read detailed reviews based on various job profiles, departments and locations in the reviews section.
How is the salary at Bank of America?
According to AmbitionBox ratings, Bank of America employees rate its salary and benefits as 4.0 out of 5. You can know more about Bank of America Salaries at AmbitionBox
How is the work culture at Bank of America?
Work culture is rated 4.3 at Bank of America by 2.6k employees. While job security is rated 4.6 and work-life balance is rated 4.4 at Bank of America. Read detailed reviews by employees of Bank of America on AmbitionBox.
Is work from home available in Bank of America?
According to AmbitionBox, 2% Bank of America employees work from home permanently, 65% work from office 3 days/week, and 2% work from office 2 days/week (based on 188 AmbitionBox reviews in last 6 months).

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Work Policy at Bank of America

i
Workplace policy may vary based on Department, Designation and Location.

based on 188 reviews in last 6 months

Permanent work from home

Permanent work from home

2%
Work from office

Work from office

13%
Hybrid

Hybrid

82%

2 days/week from office

2%

3 days/week from office

65%

Other hybrid work policies

15%

Unclear

Unclear

3%

Subsidiaries of Bank of America

BA Continuum

NBFC

4.2
1.4k Reviews
Bank of America Securities

Investment Banking / Venture Capital / Private Equity

4.4
33 Reviews
BofA Securities

4.1
10 Reviews
Countrywide Home Loans

Financial Services

5.0
1 Reviews
See all subsidiaries

Gender Based Ratings at Bank of America

based on 2.5k verified reviews

4.4Rated by 819 Women

Rated 4.6 for Job Security and 4.4 for Work-Life Balance

women

4.3Rated by 1.7k Men

Rated 4.7 for Job Security and 4.4 for Work-Life Balance

men

Working Days at Bank of America

based on 2.6k reviews
Monday to Friday
87%
Rotational Shift
7%
Other
3%
Monday to Saturday
2%
Alternate Saturday off
1%

Work Timings at Bank of America

based on 2.6k reviews
Flexible timing
Strict (11.30am - 8.30pm)
Strict (7.30am - 4.30pm)
66%
3%
3%
28% employees reported other strict timings

Shift Timings at Bank of America

based on 2.6k reviews
Day shift
Night shift
77%
23%

Business Travel at Bank of America

based on 2.6k reviews
No travel
81%
Within city
13%
Within country
4%
International travel
2%
Team Lead
2.3k salaries
10.3 Lakhs

₹5.5 L/yr - ₹17 L/yr

Team Developer
2.1k salaries
6.9 Lakhs

₹2.4 L/yr - ₹10.4 L/yr

Assistant Manager
1.9k salaries
16.6 Lakhs

₹7 L/yr - ₹25.3 L/yr

Senior Software Engineer
1.1k salaries
17 Lakhs

₹6.8 L/yr - ₹27 L/yr

Senior Team Member
1.1k salaries
4.5 Lakhs

₹1.9 L/yr - ₹8 L/yr

Explore more salaries
cab
Office cab/shuttle
338 total responses
freemeal
Free meal
120 total responses
onsite
International/On-site exposure
33 total responses
mentalHealth
Mental health wellbeing
4 total responses
+26 more benefits
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