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Bank of America

4.3
based on 3k Reviews
Video summary

Working at Bank of America

Company Summary

0

Overall Rating

4.3/5
based on 3k reviews
highly rated categories
13% above
industry average
highly rated categories
Highly rated for

Job security, Work-life balance, Company culture

Work Policy
Hybrid
Hybrid
91% employees reported
Monday to Friday
Monday to Friday
87% employees reported
Flexible timing
Flexible timing
65% employees reported
No travel
No travel
81% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
Office cab/shuttle
340 employees reported
Cafeteria
Cafeteria
298 employees reported
Health insurance
Health insurance
264 employees reported
Job/Soft skill training
Job/Soft skill training
258 employees reported
View all benefits

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About Bank of America

Founded in1998 (27 yrs old)
India Employee Count10k-50k
Global Employee Count1 Lakh+
India HeadquartersHyderabad / Secunderabad, Telangana, India
Office Locations
Dubai
Websitebankofamerica.com
Primary Industry
Other Industries
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View in video summary

At Bank of America, we have a clear purpose to help make financial lives better through the power of every connection. We fulfill this purpose through our commitment to responsible growth, which includes a focus on environmental, social and governance (ESG) leadership. Integrated across our eight lines of business — our ESG focus reflects our values, ensures we are holding ourselves accountable, presents tremendous business opportunity, and allows us to create shared success with our clients and communities. Every day, we provide unmatched convenience in the United States, serving approximately 66 million consumer and small business clients. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. The company serves clients through operations across the United States, its territories and more than 35 countries.

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Bank of America Ratings

based on 3k reviews

Overall Rating

4.3/5
How AmbitionBox ratings work?
5
1.8k
4
784
3
280
2
69
1
120

Category Ratings

4.6

Job security

4.3

Work-life balance

4.2

Company culture

3.9

Work satisfaction

3.8

Salary

3.8

Skill development

3.4

Promotions

Bank of America is rated 4.3 out of 5 stars on AmbitionBox, based on 3k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Bank of America
based on 2.9k reviews
4.3
Rated by 959 Women
Rated 4.6 for Job security and 4.3 for Work-life balance
4.2
Rated by 2k Men
Rated 4.6 for Job security and 4.4 for Work-life balance

Work Policy at Bank of America

based on 444 reviews in last 6 months
Hybrid
91%
Work from office
7%
Permanent work from home
2%

Bank of America Reviews

Top mentions in Bank of America Reviews

+ 5 more
Societe Generale Global Solution Centre
Be part of a company where work complements life, not consumes it
Rated 4.1/5 for Work-Life Balance by our employees

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Awards Tag
Highly Rated for
Job security
Work-life balance
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No highly rated category
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Job security
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Critically Rated for
No critically rated category
Work-life balance
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Primary Work Policy
Hybrid
91% employees reported
Work from office
85% employees reported
Hybrid
84% employees reported
Hybrid
66% employees reported
Rating by Women Employees
4.3
Good
rated by 959 women
3.3
Average
rated by 455 women
4.0
Good
rated by 2k women
3.9
Good
rated by 2.1k women
Rating by Men Employees
4.2
Good
rated by 2k men
3.7
Good
rated by 675 men
3.8
Good
rated by 4.2k men
4.0
Good
rated by 3.7k men
Job security
4.6
Excellent
3.1
Average
3.9
Good
4.1
Good
View more

Bank of America Salaries

Bank of America salaries have received with an average score of 3.8 out of 5 by 3k employees.

Team Lead

(2.3k salaries)
Unlock
₹5.7 L/yr - ₹16 L/yr

Team Developer

(1.9k salaries)
Unlock
₹2.4 L/yr - ₹11 L/yr

Software Engineer

(1.1k salaries)
Unlock
₹6.6 L/yr - ₹27.4 L/yr

Senior Team Member

(942 salaries)
Unlock
₹2.2 L/yr - ₹8 L/yr

Senior Analyst

(880 salaries)
Unlock
₹10 L/yr - ₹30 L/yr

Senior Software Engineer

(878 salaries)
Unlock
₹7.9 L/yr - ₹29.1 L/yr

Team Member

(864 salaries)
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₹1.6 L/yr - ₹5 L/yr

Analyst

(719 salaries)
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₹8.9 L/yr - ₹30 L/yr

Assistant Vice President

(582 salaries)
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₹22.4 L/yr - ₹60 L/yr

Software Engineer2

(462 salaries)
Unlock
₹10.8 L/yr - ₹31 L/yr

Bank of America News

View all

Apple Card partner Goldman Sachs drops DEI section from annual filing

Macdailynews | 1 Mar, 2025
Apple Card partner Goldman Sachs drops DEI section from annual filing

Goldman Sachs scales back diversity goals amid policy shifts

HRKatha | 28 Feb, 2025
Goldman Sachs scales back diversity goals amid policy shifts

Crypto News: Bank of America to Launch USD-Pegged Crypto Stablecoin

Cryptoticker | 28 Feb, 2025
Crypto News: Bank of America to Launch USD-Pegged Crypto Stablecoin

TradFi stablecoins will find it hard to win market share — Bitwise CIO

Coin Telegraph | 28 Feb, 2025
TradFi stablecoins will find it hard to win market share — Bitwise CIO

Bank of America CEO Confirms Plans for USD-Pegged Stablecoin If Regulations Permit

TronWeekly | 27 Feb, 2025
Bank of America CEO Confirms Plans for USD-Pegged Stablecoin If Regulations Permit

Bank of America CEO Explores Stablecoin Opportunities—Is Crypto Adoption Next?

Crypto-News-Flash | 27 Feb, 2025
Bank of America CEO Explores Stablecoin Opportunities—Is Crypto Adoption Next?

Bank Of America Will Likely Issue Its Very Own Stablecoin If Regulations Allow, Says CEO

Zycrypto | 27 Feb, 2025
Bank Of America Will Likely Issue Its Very Own Stablecoin If Regulations Allow, Says CEO

Bank of America Reveals Plans to Launch USD Stablecoin

TheCryptoBasic | 26 Feb, 2025
Bank of America Reveals Plans to Launch USD Stablecoin

BofA CEO: Over-Regulation Bars Customers From Banking System

Pymnts | 26 Feb, 2025
BofA CEO: Over-Regulation Bars Customers From Banking System

Wall Street eyes 'growing pains' in Nvidia earnings but all eyes are on a bullish 2nd half for its next-gen chip

Insider | 26 Feb, 2025
Wall Street eyes 'growing pains' in Nvidia earnings but all eyes are on a bullish 2nd half for its next-gen chip
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Bank of America Subsidiaries

BA Continuum

4.1
 • 1.5k reviews

Bank of America Securities

4.3
 • 35 reviews

BofA Securities

4.1
 • 10 reviews

Countrywide Home Loans

5.0
 • 1 review

Countrywide Financial

-
 • No Reviews
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Bank of America FAQs

When was Bank of America founded?
Bank of America was founded in 1998. The company has been operating for 27 years primarily in the Banking sector.
Where is the Bank of America headquarters located?
Bank of America is headquartered in Hyderabad / Secunderabad, Telangana.
How many employees does Bank of America have in India?
Bank of America currently has more than 23,000+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Bank of America based on the number of reviews submitted on AmbitionBox.
Does Bank of America have good work-life balance?
Bank of America has a work-life balance rating of 4.3 out of 5 based on 3,000+ employee reviews on AmbitionBox. 85% employees rated Bank of America 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Bank of America work-life balance reviews for more details
Is Bank of America good for career growth?
Career growth at Bank of America is rated as moderate, with a promotions and appraisal rating of 3.4. 15% employees rated Bank of America 3 or below, while 85% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Bank of America promotions/appraisals reviews for more detailed insights.
What are the pros of working in Bank of America?
Working at Bank of America offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and company culture, based on 3,000+ employee reviews on AmbitionBox.
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