"what makes bank of america the best place to work and why?" course hero

by Marcelino Kassulke V 10 min read

Full Answer

Why is Bank of America inclusive?

Why do we invest in wellness?

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Bank of America - great place to work | Glassdoor

great place to work, very smart people, good advancement opportunities, great infrastructure and technology and yeah, that's about it

Bank of America - Great place to work! | Glassdoor

Great employers, the work really hard to make sure that everyone is satisfied who works there. The offer time off when needed and are good at working around schedules. I was only a teller but they respected the fact that I sometimes needed time of..

‘Why Bank of America?’ How graduates and students ... - targetjobs

You’ll be asked at least once during the recruitment process at Bank of America, ‘Why have you decided to apply to us?’ Recruiters and interviewers will be keen to find out why you’ve chosen Bank of America over other banks and they will expect a considered response. We’ve provided some suggestions to get you thinking.

Why is Bank of America inclusive?

We are proud of our inclusive culture, because when you create a workplace where all employees can thrive, everyone benefits.

Why do we invest in wellness?

We know that supporting the physical, financial and emotional wellbeing of our employees in their personal life also supports them in their work life — so they can be the best at work and at home. That’s why we invest in employees’ wellness with best-in-class benefits and programs.

How many branches does Bank of America have?

Bank of America has one of the largest branch banking networks among all perspective banks. They boast more than 5,000 branches, and this could mean big gains since credit quality is on the rise with new mortgages once again making sense. The large network of branches also compliments their extensive online services offered on their online banking platform.

When was Bank of America founded?

Bank of America was founded in 1998, and has gathered quite a following since. They have 47 million consumer and small business relationships with new interests blooming from big bank investors. They have even overtaken Wells Fargo as the big bank investor’s premier choice. This has been fueled by their growth potential since their book value has not yet matched their equity.

Which bank was the favorite post recession?

During the financial crisis of 2007-2008, Bank of America absorbed Merrill Lynch. This only made them stronger in the long run. Wells Fargo was the favorite post-recession, however, Bank of America with its investment potential has taken the top slot as investors flock toward their projected growth.

Career prospects at Bank of America

Bank of America has always described career mobility as an important part of its culture. Its internal mobility policy is intended to help ambitious employees progress within the organisation; these can be moves both across and within different lines of the business.

Opportunities for IT and technical graduates

Bank of America has said that it is ‘revolutionising the technical possibilities of an entire industry’. IT and technology graduates will be part of this drive.

Collaboration across divisions

There’s a lot of collaboration across divisions at Bank of America – even internationally. Within corporate and investment banking, for example, cross-discipline teams support clients in key industries. For the sake of delivering excellent client service, Bank of America is keen to function as one big bank.

A strong client-employee relationship

Bank of America claims: ‘ [We are] a company united in our purpose to help make financial lives better through the power of every connection. Our story is all about the impact clients and communities can have and the progress they can make.

Innovation

Search online and you’ll find that Bank of America has won industry awards for innovations.

Chance to gain international experience

Future opportunities may include travel: Bank of America has branches all over the world from Qatar to Chile. Employees have traditionally been encouraged to explore new opportunities outside of their current group or region, so if travel excites you this could be a great reason to cite.

Vast product and service range at Bank of America

Bank of America offers a range of different products and services to meet the needs of its client base – you can get an idea of what it offers by visiting its corporate website. Think about the effect this has on Bank of America’s position within the market. How might this affect how you feel about working for the bank?

What are the benefits of Bank of America?

The following mentioned are the few best benefits provided by Bank of America to their employees. 1. Health and Insurance benefits: The Bank of America provides a comprehensive healthcare and insurance package which includes health insurance for employees and their families.

What is the best service for Bank of America employees?

Tlaloc service: The Teladoc service by Bank of America is another best Bank of America employee benefits, and it is for those emergencies when you need immediate medical attention for your baby. With this service, you can chat with a doctor by video chat or call at a very minimal cost from anywhere.

Why is the Bank of America the best place for fathers?

Mothers need the support of their husbands during this time. Therefore it gives the new fathers a 12 week long paid parental leave at par with its women employees.

What does it mean to work for a bank?

Along with employee development, you will undergo personality development by working for this bank. Working here makes you come in contact with the best among the best as they hire the best. You automatically will become more knowledgeable, more disciplined, hard working and sincere.

When was the Bank of America founded?

The Bank of America in short the BOFA was founded on October 17th, 1904 and deals with investment banking, consumer banking, wealth management, finance, and insurance to name a few. With its headquarters at Charlotte, North Carolina it is a multinational bank and the second largest based on its acquirement of assets.

Does Bank of America have a gymnasium?

You will be surprised to know that this bank houses a gymnasium for its employees on the part of the Bank of America employee benefits.

Does Bank of America provide dental insurance?

Along with dental, medical and vision benefits, the Bank of America provides its employees, help with counseling and therapy when one is going through a crisis in life. They are very involved with the community and treat its employees as family.

Company Overview

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

Company Culture at Bank of America

The employee experience below at Bank of America, compared to a typical company.

Why Work at Bank of America?

See what employees say about what makes Bank of America a great workplace. These words are drawn from employee comments on the Trust Index™ survey.

Life at Bank of America

Our teammates doubled their efforts to help our clients navigate the challenges of 2020 in new and creative ways.

What would happen if women participated in their economies the same as men?

GRAPHIC: If women participated in their economies the same as men, global GDP could grow by 26 percent equal to U.S. and China’s economies combined.

Is Bank of America a FDIC member?

Bank of America, N.A. Member FDIC © 2018 Bank of America Corporation.

Why is Bank of America inclusive?

We are proud of our inclusive culture, because when you create a workplace where all employees can thrive, everyone benefits.

Why do we invest in wellness?

We know that supporting the physical, financial and emotional wellbeing of our employees in their personal life also supports them in their work life — so they can be the best at work and at home. That’s why we invest in employees’ wellness with best-in-class benefits and programs.