Salaries and Benefits

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Host	What are the average starting salaries, bonuses, benefits and travel requirements like at Bank Of America? What do you like best about working at Bank Of America? Are there any great perks or special treats for employees? Reply - Report abuse
michelle in Santa Fe, New Mexico 65 months ago	what do tellers earn? - Was this comment helpful? Yes (320) / No (45) Reply - Report abuse
Former BofA Recruiter in Los Angeles, California 65 months ago	Bank Tellers in the Los Angeles area make $9.00 an hour, work part time, are expected to be available Monday-Saturday any schedule, and must wear a suit to work every day. But hey, it was $8.50 an hour when I first started there. - Was this comment helpful? Yes (28) / No (12) Reply - Report abuse
sick of it here in Concord, California 65 months ago	i work in washington state, and i have been with the bank for 15 years. i was here when we were called seafirst and under the original bank of america. things were much better then. i only make 15.00 per hour now. i haven't had a pay raise in 2 years. - Was this comment helpful? Yes (39) / No (10) Reply - Report abuse
Stuck in a rut? in West Linn, Oregon 65 months ago	sick of it here said: i work in washington state, and i have been with the bank for 15 years. i was here when we were called seafirst and under the original bank of america. things were much better then. i only make 15.00 per hour now. i haven't had a pay raise in 2 years. You are crazy to work there for that long, only making $15 an hr, and no raise in 2 years! I am not sure what you do but I would think your job stability and skills could get you a job with more pay! - Was this comment helpful? Yes (27) / No (14) Reply - Report abuse
Looking To Do Better, Atlanta, GA in Decatur, Georgia 64 months ago	Harriet said: Unless you are in an executive/coporate/administrative position, the starting salaries are low at BOA considering that it's a multi-billion dollar company. Depending on the position, salaries average 21k-35k. The fraud dept is the worst - extremely high turnover, a pathetic management staff that wouldn't know organized if it bit them in the face, ridiculous work schedules, and advancement based on favoritism. The benefits are excellent! The associate discount program is worthless. And bonuses?...what's that?These criticisms are just the tip of the iceberg. Bank of America...(lol) don't let the famous name fool you. - Was this comment helpful? Yes (74) / No (19) Reply - Report abuse
Dana in Charlotte, North Carolina 64 months ago	Dana said: I agree 100% with this. I was at Bank of America for 4 years and barely got a raise and never got a bonus. I worked as an Investment Analyst and was laid off with notice, just came to work that day and was told I was being laid-off the same day. It is so true, don't let the "famous name" fool you. Bank of America treats their associate like CRAP. CORRECTION....... I was laid-off with NO notice. - Was this comment helpful? Yes (34) / No (8) Reply - Report abuse
Edward in Raleigh, North Carolina 64 months ago	Dose anyone have an idea of what a Treasury Management Sales Analyst (TMSA) salary is? - Was this comment helpful? Yes (47) / No (8) Reply - Report abuse
b in Hayward, California 64 months ago	i work for b of a in san jose and they start at $11 now. - Was this comment helpful? Yes (10) / No (6) Reply - Report abuse
old employee 64 months ago	Hi Edward, Instead of looking on all of these web sites go to www.BankofAmerica.com. Their might be another job that catches your eye better. You can call or better yet go to a local branch. Ask your question. They will not know if your a secret shopper or not. If they want a bonus they will try to get your answer in a very fast and proffesional way. Don't go dressed up. Go in casual clothes. Ask a few questions. Like I said then they will all get suspecious. They want to make sure they have a great review so they have the chance to get a high score and bonus - Was this comment helpful? Yes (15) / No (9) Reply - Report abuse
Out of Raleight 64 months ago	Hi Edward, Instead of looking on all of these web sites go to www.BankofAmerica.com. Their might be another job that catches your eye better. You can call or better yet go to a local branch. Ask your question. They will not know if your a secret shopper or not. If they want a bonus they will try to get your answer in a very fast and proffesional way. Don't go dressed up. Go in casual clothes. Ask a few questions. Like I said then they will all get suspecious. They want to make sure they have a great review so they have the chance to get a high score and bonus. If it's meant to be you will get a job with them. Did you try Fidelity Bank? I heard that they are awesome to work for. Open the phone book, just go directly to the banks web sites. Did you try the credit unions's? - Was this comment helpful? Yes (7) / No (4) Reply - Report abuse
bestserviceueverhad 61 months ago	okay,how much do customer service reps at BOA get in east providence?? - Was this comment helpful? Yes (38) / No (9) Reply - Report abuse
b in Irving, Texas 61 months ago	Does anyone know the starting salary for the BoA Personal Banker position? - Was this comment helpful? Yes (140) / No (19) Reply - Report abuse
Looking To Do Better, Atlanta, GA in Decatur, Georgia 61 months ago	The last time I checked the starting salary for a personal banker at B OF A is roughly anywhere from 25K to 28K (give or take) plus bonuses. - Was this comment helpful? Yes (15) / No (4) Reply - Report abuse
MH in Hillsboro, Oregon 61 months ago	BofARookie in Concord, California said: What would a college graduate who currwntly works at BofA make as an assistant branch manager? If you currently work at BofA, call the HR department and ask them! The salary ranges for a job description are not confidential. The salaries of individuals are. - Was this comment helpful? Yes (23) / No (7) Reply - Report abuse
Rick in Jamaica, New York 59 months ago	I'm thinking of applying for a job at BOA as a branch manager with over 14 yrs of experience. Does anyone know much the starting salary is for this position? - Was this comment helpful? Yes (85) / No (19) Reply - Report abuse
MH in Hillsboro, Oregon 59 months ago	Same response as a month ago - cal the HR department of BofA and ask them what the salary range is. It's partly dependent on geography, part of branch size/profit goal. Contact them and ask. - Was this comment helpful? Yes (8) / No (1) Reply - Report abuse
Rick in Flushing, New York 59 months ago	I dont work for BOA. I'm interested. Can you provide me with some contact numbers and names. I'm in New York City. I'm currently a manager with a commercial bank. I appreciate anything you can do for me. - Was this comment helpful? Yes (4) / No (4) Reply - Report abuse
Chandra in Miami, Florida 59 months ago	I want to know how is the bonues earned as a Personal Banker in Bank of America? they count individual or as a team for the whole branch reps. Please let me know, I applied and I am in the next step wich is the personal interview, any tips that you can share with me for the interview please? Also, how is the job is so stressful or not. Bye - Was this comment helpful? Yes (18) / No (3) Reply - Report abuse
MH in Cornelius, Oregon 59 months ago	Chandra - use this question in your interview. You have every right to ask about how compensation is calculated, including what is the potential maximum bonus you can earn relative to your base salary, You need to clarify your English - does the last sentence as: 1. How stressful is the job? or 2. How is it that the job is so stressful? I don't think anyone can answer that. Stress is based on what you find stressful. Again, ask in the interview what specifically the job entails so you can see if those activities are stressful for you. Also, for most people, stress comes from your immediate supervisor. Make sure you talk one on one with that person to see how well you relate. Good luck. - Was this comment helpful? Yes (6) / No (4) Reply - Report abuse
Paul in Saint Petersburg, Florida 59 months ago	Chandra the personal banker is given goals to meet with minimum qualifiers...the bank also gets similar goals just larger...if you make your goals you bonus even if the bank does not. I worked as a PB for a long time and know all about the position. - Was this comment helpful? Yes (13) / No (3) Reply - Report abuse
Cesar in Houston, Texas 59 months ago	Paul in Saint Petersburg, Florida said: Chandra the personal banker is given goals to meet with minimum qualifiers...the bank also gets similar goals just larger...if you make your goals you bonus even if the bank does not. I worked as a PB for a long time and know all about the position. Hi, Paul I am a Realtor here in Houston getting out of the buisness . Do I have to give up my Real Estate Lic ? Do I have to be a Mortgage Loan officer ? - Was this comment helpful? Yes (13) / No (4) Reply - Report abuse
James in Casselberry, Florida 59 months ago	How do you find salary information if you DO NOT work for BofA. I am interviewing soon and would like to have a base knowledge of pay. - Was this comment helpful? Yes (10) / No (3) Reply - Report abuse
MH in Hillsboro, Oregon 59 months ago	Talk with the HR department. They should be willing to give you the salary range for positions you are interested in. - Was this comment helpful? Yes (1) / No (5) Reply - Report abuse
A in Elmhurst, New York 59 months ago	They told me the salary very openly before I applied. It's one of the ways the screen out applicants. Unlike other companies, I don't think it's a problem if you ask. - Was this comment helpful? Yes (8) / No (1) Reply - Report abuse
James in Orlando, Florida 59 months ago	Do you have a number for HR - Was this comment helpful? Yes (3) / No (3) Reply - Report abuse
MH in Hillsboro, Oregon 59 months ago	If it's not on the website, look in the local newspaper, or ask at a local banking center. - Was this comment helpful? Yes / No (2) Reply - Report abuse
Veronica L in Oakland, California 59 months ago	It really does depend on what you do. For example a customer service rep I (call center-prime/model) makes about 12.30hour, but if you work an evening shift you get a 10% pay differential, if you speak another language fluently (with professionalism) add another 10% on top of that. Customer service rep II makes about 16 to 17 an hour (like the cd/ira dept and online banking), some customer service repII positions pay only 13-14 an hour. If you have previous customer service experience in financial services, negotiate with them, if you are working in northern california you should at least be making 29,000 a year with 1-2 years experience! Also, BOA look great on your resume, I worked there for one year with no prior banking experience, and was hired at (that's confidential), but I am still a call center rep II but I make a lot more (21.62 to be exact). Get experience and excell within the company or move on to a better position! Good luck! Hope I was helpful. - Was this comment helpful? Yes (15) / No Reply - Report abuse
Veronica L in Oakland, California 59 months ago	MH in Hillsboro, Oregon said: Same response as a month ago - cal the HR department of BofA and ask them what the salary range is. It's partly dependent on geography, part of branch size/profit goal. Contact them and ask. You can contact HR but honestly you would be wasting your time. HR reps are so tight lipped about salaries you will be lucky if they don't disconnect you when you call. As a general rule of thumb an hr recruiter will never tell you a specific salary (NOT EVEN A RANGE) unless they are prepared to make a job offer to you. Your best bet is to use reliable resources such as employees of the bank, payscale.com, or vault.com. Again, I can't stress enough that asking for a salary range for any position from an HR rep (who is not making a job offer to you) is a bad idea. - Was this comment helpful? Yes (8) / No (3) Reply - Report abuse
Veronica L in Oakland, California 59 months ago	Host said: What are the average starting salaries, bonuses, benefits and travel requirements like at Bank Of America? What do you like best about working at Bank Of America? Are there any great perks or special treats for employees? Bank of America has excellent benefits. They have tuition reimbursement, adoption reimbursement, flexible time off, paid holidays, and they still offer a PENSION PLAN: but it has been reduced significantly. There is also reimburesment for childcare if you meet the income guidelines, an annual bonus if the company meets or exceed its goals. Also, you don't have to be a full time employee to reap the benefits for medical, vision, and all that I named above. Part time associates are eligible for benefits as well( but they must work at least 20 hours per week). They have a commuter benefit (allows you to deduct transportaion costs to/from work from your paycheck PRETAX! The amount of vacation you are entitled to depend on your position (band), many entry level positions have 2 weeks vacation while advanced postions have a maimum of 4-5 weeks paid vacation. You also get 10 sick days to use (not abuse) in a calender year. There are also many discounts such as 20-25% off of your monthly cell phone bill (must be a participating company such as t-mobile, verizon, etc. But wait, there's more but I really am tired of typing. - Was this comment helpful? Yes (57) / No (2) Reply - Report abuse
S T in Portland, Oregon 59 months ago	I am interviewing for a Financial Advisor with B of A. Does anyone know the salary range for this? This would be for a level 1. Also, does anyone know if this is a good job with b of a. thanks! - Was this comment helpful? Yes / No (1) Reply - Report abuse
MH in Hillsboro, Oregon 59 months ago	I retired from BofA in Portland, albeit 5 years ago. The company is a rewarding place to work, but be aware that the pressue on customer-facing people to produce sales is pretty intense. When you make your goals and the banking center makes its goals, the avaialble pay and bonusare (well, used to be) pretty good. Alas I cannot tell you what current salaries are, but the HR deparment should be able to give you the salary range for a particular job you are applying for. I noticed a sign on my local branch last night that there is a career fair coming up on, I think, the 25th and 26th at the 1001 SW 5th location. Go to a banking center to check it out, and then go to the career fair to get as much info as you can. Employee benefits at the bank are very good. Good luck. - Was this comment helpful? Yes (1) / No (4) Reply - Report abuse
Gee in Los Angeles, California 58 months ago	Former BofA Recruiter in Los Angeles, California said: Bank Tellers in the Los Angeles area make $9.00 an hour, work part time, are expected to be available Monday-Saturday any schedule, and must wear a suit to work every day. But hey, it was $8.50 an hour when I first started there. Hi, how to get bank teller job? will they give any Bank teller trianing? I would like go to bank teller job. Please help me about bank teller job. I am living in los angeles. thanks, Gee - Was this comment helpful? Yes (4) / No (5) Reply - Report abuse
mike in Jersey City, New Jersey 58 months ago	Does anyone know what a sales and service specialist position is about? It sounds like a fancy teller position. Any information would be helpful - Was this comment helpful? Yes / No (2) Reply - Report abuse
M in Portland, Oregon 58 months ago	Contact HR and ask for a job description. - Was this comment helpful? Yes (1) / No (3) Reply - Report abuse
M in Novato, California 58 months ago	BofARookie in Concord, California said: What would a college graduate who currwntly works at BofA make as an assistant branch manager? I'd say it depends on how well you negotiate for yourself, never take the first offer. - Was this comment helpful? Yes (2) / No (2) Reply - Report abuse
Anonymous in Enterprise, Alabama 58 months ago	I have been applying at BOA for over a month and still have not received a call back....I was a teller at Wachovia for over three years and I am currently a Collections/Branch Manager. I am applying for a PB position or Mgr position in the Atlanta area. I am 3 classes shy from receiving my BS in Psychology and minor in Bus. Admin. What am I doing wrong?? My back ground check is on point as well as my credit. - Was this comment helpful? Yes (4) / No (2) Reply - Report abuse
MH in Hillsboro, Oregon 58 months ago	Is there an HR department in Atlanta where you can actually talk with the recruiter who handles the positions you are looking for? Perhaps you an get info talking with them. - Was this comment helpful? Yes / No (1) Reply - Report abuse
Anonymous in Enterprise, Alabama 58 months ago	mike in Jersey City, New Jersey said: Does anyone know what a sales and service specialist position is about? It sounds like a fancy teller position. Any information would be helpful I don't think they have the service transaction specialist anymore... - Was this comment helpful? Yes (1) / No (1) Reply - Report abuse
B in East Elmhurst, New York 58 months ago	Anonymous in Enterprise, Alabama said: I have been applying at BOA for over a month and still have not received a call back....I was a teller at Wachovia for over three years and I am currently a Collections/Branch Manager. I am applying for a PB position or Mgr position in the Atlanta area. I am 3 classes shy from receiving my BS in Psychology and minor in Bus. Admin. What am I doing wrong?? My back ground check is on point as well as my credit. I got the PB job as an entry level; I just graduated in May. So, I can tell you that as long as you have a Bachelor's degree, they don't care. In terms of experience, I know that they stress on sales experience greatly - esp. on experience that dealt with meeting goals. I was probably hired because I had a number notable achievements in sales. Before the entire process for me took place, I had to fill out a screening survey. One of the question was salary expectation. Could they have screened you out from that? - Was this comment helpful? Yes (3) / No (2) Reply - Report abuse
B in Brooklyn, New York 58 months ago	In New York, the cut off was at $36k. And, I assume that the salary for NY will generally be higher than other states. - Was this comment helpful? Yes (7) / No (2) Reply - Report abuse
H 58 months ago	Does anyone know what the pay is for a customer service rep. in their call center? - Was this comment helpful? Yes (33) / No (8) Reply - Report abuse
Jock in Mebane, North Carolina 58 months ago	How Long Does It Take For Your Medical Benefits To Kick In At B.O.A. - Was this comment helpful? Yes (15) / No (3) Reply - Report abuse
B in Brooklyn, New York 58 months ago	Jock in Mebane, North Carolina said: How Long Does It Take For Your Medical Benefits To Kick In At B.O.A. I was told after 60 work days. You get all of the applications after your second week of work. - Was this comment helpful? Yes (3) / No (1) Reply - Report abuse
H 58 months ago	Does anyone know what the pay is for a customer service rep in their call center? - Was this comment helpful? Yes (1) / No (2) Reply - Report abuse
P in Dallas, Texas 57 months ago	B of A just called me and told me they would be interested in me for the Sales and Service position. I applied for the PB positon because that is what I have been doing for a while, I started out as the Sales and Service role a long time ago, the only difference was pay. When I started in the banking field the small bank I was with paid me 29,500 a year, my friend makes that as a teller at another bank but bank of america told me they could only pay 22-26K for the sales and service position. I told them thanks but no thanks, anyone interested in this rold should try a small bank or credit union they'll pay alot more and you'll get the same experience. The guy who called me to talk from HR didn't even know I was already licensed!!! Even though it says it clearly under licenses on my resume, when I told him what I had been doing and what licenses I have he seemed shocked like he heard it for the first time. He tried to back pedal and sell me on the position, then he tried to say that I don't have the experience they require allthough my experience matched perfectly and I have more than enough educational background. What a douche bag. I am not impressed at all by the b of a hiring practices seems liks no one gives a damn about their job so far. - Was this comment helpful? Yes (5) / No (8) Reply - Report abuse
P in Dallas, Texas 57 months ago	mike in Jersey City, New Jersey said: Does anyone know what a sales and service specialist position is about? It sounds like a fancy teller position. Any information would be helpful They pay less than a teller at other banks for this position. I was told it is the assistant to the PB, Loan officer etc and a teller. I did this for a smaller bank a while back and was paid about 30K year plus incentive about 400 month and 1000 a quarter, B of A pays low 20's for this with about 2K year incentive. - Was this comment helpful? Yes (1) / No (1) Reply - Report abuse
jock in Orlando, Florida 57 months ago	Does Bank Of America Offer Benefits And Bonuses If Your Working Part Time Teller? - Was this comment helpful? Yes (12) / No (2) Reply - Report abuse
some one in Dallas, Texas 57 months ago	So now I think I pissed B of A off some how. I exceed every qualification for the PB position but cannot get a single call back. Since they last called me for the other position. I just couldn't take it because it would be dropping my income in half and I would honestly be go in the hole by taking that position. I would take it if I could afford to and promote later but I can't. I keep applying but nothing... wtf! I have gotten calls from other banks no problem been to interviews and have good prospects what is wrong with the recruiters at B of A? - Was this comment helpful? Yes (2) / No (1) Reply - Report abuse
sammy in Renton, Washington 57 months ago	What's the hourly wage for the SSS position? Are there are alot of potential for advancement working for B of A? - Was this comment helpful? Yes (15) / No Reply - Report abuse

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