For any new prospective employees, you should realize the only people who come to this website are the ones who have been laid off. Take everything they say with a grain of salt.
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Not true - most posts seem to be CURRENT employees checking here for news of a layoff.
Been here almost 30 years and remember when the leadership and benefits were much better. Not just lining pockets at the top and enriching CEO and his friends. At this late date, my job prospects are admittedly thin, so look to this board for news of a layoff to keep my benefits with the company subsidy until medicare.
When I joined, there was a REAL Retiree Medical Plan but no longer -- yet another example of how this company just pours money into Brian's pockets and scr*ws the employees. Loyalty is worthless.
Why not share the real results of the Employee Survey? Not the baked up "my manager made me fill it out" fakery and company spin. Your answers are right there.
I still work here, but I hate it so I will be gone soon.
Bank of America doesn’t give a sh-t about its employees and that’s. Fact. I feel like for 2 years straight I’ve gotten the middle finger from upper management. Terrible fu----g company to work for
No one has been laid off in 2 years so I don’t understand how this site can be filled with a bunch of severed disgruntled employees who can’t move on after 2+ years. All those laid off folks are doing better now, for the most part. There are 2 open jobs for every unemployed person right now.
I been working with BOFA for over 10 years, and all I can say is this place got worst over time with toxic positivity. Mgmt is for the chosen few who kiss a$$ and if you are not part of it, then no way to advance. I kept delaying my departure because of war, inflation, recession, layoffs in rumor mill, but will be leaving In April 2023 after claiming bonus and RSUs as my line in the sand.
It's true they only promote the people they like or their buddy buddy. I saw someone who is from call center got promoted to program analyst III without knowing how to open Microsoft Visual Studio or SQL or SAS studio. And that person got to do critical project by asking other non buddy program to teach how to click RUN button in IDE.
That's NOT true. I'm with BAC for many years and looking to get out.
To the OP @OP+1icPrHvR, I am currently employed and will tell any potential employee to stay away with facts, not fiction.
Bonuses? 2-3 percent, if you're on the high end of the review. Meaning if you get a M/M but others get M/M with higher remarks you still get nothing.
Raises? Same thing.
Promotion? Only to people they like. They will deny promotions to some stating the aren't ready, people who genuinely do the work and managers will cite guidelines for promotions but will blatantly ignore the same guidelines to promote people they like even if they don't come close to meeting those guidelines.
Bank will reward low income earners while ignoring those that make 100k or more, often times at the cost of those 100k earners.
These are facts.
@OP+1icPrHvR - yes, and begs the question, WHO pushed us to this point???
Horrible leadership team and senior management.
Brian is sadly (for us) misled by the people he choose to surround himself with. I hope they are good friends to him (they've certainly enriched their pockets generously on the backs of the rest of us), because they are horrible leaders and toxic people toward employees.
For any prospective employees, conduct your due diligence and do your homework. Start with researching the bank's public history of lawsuits, regulatory violations, fines paid for illegal activities, discrimination against minorities, unfair billing practices, mortgage abuses. Make no mistake that the bank desperately needs good, honest, hard-working employees to help right-size the ship. Maybe you can be a small part of the much needed change for the better.
That is not true. I have been working here for almost seven years. I am considered a top performer and have received an exceeds/exceeds multiple years in a row. This doesn’t change the fact that my salary is significantly below what our competitors would offer. I feel discouraged by the bank’s inability to offer me much in terms of a promotion and development.
I go on this forum to see if my sentiment is shared by others and to get the latest on layoffs.
YOU are literally here, fixing your little sausage fingers to not just comment but start a whole thread lol. So the only people who come here are people who’ve been laid off AND you? Smh.
That’s just not true. I work here and come here to see what’s going on with layoffs and other big topics. We sound ridiculous when we say things in such black and white terms. Is it perfect here? No. Is it horrible here? No. I’m not even sure it’s “really bad” here. Stop with the theatrics
The truth is BofA isn't what it used to be. The people that dream for a job at BofA re those who are looking for a visa from India and they too would leave once they get the GC...
Agreed there are good jobs and bad jobs at BOA. Also jobs you should stay at short term for experience and look to move. Honest people on this board will tell the truth.