Raises at Bank of America | Comparably
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Bank of America Claimed Company
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EMPLOYEE
PARTICIPANTS
737
TOTAL
RATINGS
10488
...
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Raises at Bank of America

Based on feedback from 89 Bank of America employees, the majority of them reported they received a raise Every year. Compared to all the departments at Bank of America, the Finance team received a raise Every year, while the Sales team answered that they received a raise Every 2 years. Lastly, employees who have a Master's degree or have 6 to 10 Years work experience received a raise Every year.

Q: How often do you get a raise?

Answered by 89 Bank of America employees

Gender

Male

Every 6 months or less
7%
Every year
46%
Every 2 years
16%
Every 3 years or more
11%
Never
20%

Female

Every 6 months or less
9%
Every year
53%
Every 2 years
13%
Every 3 years or more
12%
Never
13%

Ethnicity

61%
Every year

Caucasian employees at Bank of America answered Every year the most among all other ethnicities.

  • Caucasian
  • Hispanic or Latino
  • African American/Black
  • Other
  • Asian or Pacific Islander
Every 6 months or less
4%
Every year
61%
Every 2 years
13%
Every 3 years or more
13%
Never
9%
Every 6 months or less
8%
Every year
26%
Every 2 years
8%
Every 3 years or more
33%
Never
25%
Every 6 months or less
37%
Every year
25%
Every 2 years
13%
Every 3 years or more
0%
Never
25%
Every 6 months or less
17%
Every year
33%
Every 2 years
33%
Every 3 years or more
0%
Never
17%
Every 6 months or less
0%
Every year
53%
Every 2 years
20%
Every 3 years or more
0%
Never
27%

Department

67%
Every year

Bank of America employees in Product answered Every year the most among all other departments.

Bank of America employees in Operations answered Every 6 months or less the least among all other departments.

  • Operations
  • Finance
  • Customer Support
  • Engineering
  • Product
  • Design
  • IT
  • Sales
Every 6 months or less
11%
Every year
23%
Every 2 years
22%
Every 3 years or more
11%
Never
33%
Every 6 months or less
11%
Every year
63%
Every 2 years
13%
Every 3 years or more
0%
Never
13%
Every 6 months or less
17%
Every year
50%
Every 2 years
0%
Every 3 years or more
16%
Never
17%
Every 6 months or less
0%
Every year
56%
Every 2 years
22%
Every 3 years or more
0%
Never
22%
Every 6 months or less
0%
Every year
67%
Every 2 years
0%
Every 3 years or more
0%
Never
33%
Every 6 months or less
0%
Every year
67%
Every 2 years
0%
Every 3 years or more
0%
Never
33%
Every 6 months or less
0%
Every year
40%
Every 2 years
20%
Every 3 years or more
40%
Never
0%
Every 6 months or less
0%
Every year
0%
Every 2 years
67%
Every 3 years or more
0%
Never
33%

Age

81%
Every year

Bank of America employees aged 36-40 answered Every year the most among all other ethnicities.

  • 18-25
  • 26-30
  • 31-35
  • 36-40
  • 41-45
  • 46-50
  • 51-55
Every 6 months or less
20%
Every year
20%
Every 2 years
0%
Every 3 years or more
0%
Never
60%
Every 6 months or less
0%
Every year
33%
Every 2 years
17%
Every 3 years or more
33%
Never
17%
Every 6 months or less
0%
Every year
29%
Every 2 years
14%
Every 3 years or more
14%
Never
43%
Every 6 months or less
6%
Every year
81%
Every 2 years
13%
Every 3 years or more
0%
Never
0%
Every 6 months or less
0%
Every year
50%
Every 2 years
17%
Every 3 years or more
16%
Never
17%
Every 6 months or less
11%
Every year
56%
Every 2 years
22%
Every 3 years or more
11%
Never
0%
Every 6 months or less
0%
Every year
34%
Every 2 years
0%
Every 3 years or more
33%
Never
33%

Education

73%
Every year

Bank of America employees with a Master's answered Every year the most among all other education levels.

Bank of America employees with a Bachelor's degree answered Every 6 months or less the least among all other education levels.

  • High school
  • Some college
  • Bachelor's
  • Associate's
  • Master's
Every 6 months or less
14%
Every year
43%
Every 2 years
29%
Every 3 years or more
0%
Never
14%
Every 6 months or less
9%
Every year
55%
Every 2 years
0%
Every 3 years or more
27%
Never
9%
Every 6 months or less
3%
Every year
45%
Every 2 years
14%
Every 3 years or more
14%
Never
24%
Every 6 months or less
0%
Every year
40%
Every 2 years
20%
Every 3 years or more
0%
Never
40%
Every 6 months or less
0%
Every year
73%
Every 2 years
18%
Every 3 years or more
9%
Never
0%

Experience

64%
Every year

Bank of America employees with 6 to 10 Years experience answered Every year the most among all other segments.

Bank of America employees with 1 to 3 Years experience answered Every 2 years the least among all other segments.

  • 1 to 3 Years
  • Over 10 Years
  • 3 to 6 Years
  • 6 to 10 Years
Every 6 months or less
19%
Every year
25%
Every 2 years
6%
Every 3 years or more
25%
Never
25%
Every 6 months or less
9%
Every year
51%
Every 2 years
11%
Every 3 years or more
11%
Never
18%
Every 6 months or less
0%
Every year
46%
Every 2 years
27%
Every 3 years or more
9%
Never
18%
Every 6 months or less
0%
Every year
64%
Every 2 years
29%
Every 3 years or more
0%
Never
7%

Location

80%
Every year

Bank of America employees in Dallas answered Every year the most among all other locations.

Bank of America employees in New York answered Every 3 years or more the least among all other locations.

  • Atlanta
  • Charlotte, NC
  • Chicago
  • Dallas
  • Los Angeles
  • New York
  • Phoenix
  • San Francisco
Every 6 months or less
0%
Every year
34%
Every 2 years
0%
Every 3 years or more
33%
Never
33%
Every 6 months or less
8%
Every year
58%
Every 2 years
26%
Every 3 years or more
0%
Never
8%
Every 6 months or less
0%
Every year
67%
Every 2 years
33%
Every 3 years or more
0%
Never
0%
Every 6 months or less
0%
Every year
80%
Every 2 years
0%
Every 3 years or more
0%
Never
20%
Every 6 months or less
0%
Every year
50%
Every 2 years
0%
Every 3 years or more
17%
Never
33%
Every 6 months or less
7%
Every year
47%
Every 2 years
20%
Every 3 years or more
6%
Never
20%
Every 6 months or less
29%
Every year
57%
Every 2 years
0%
Every 3 years or more
0%
Never
14%
Every 6 months or less
17%
Every year
33%
Every 2 years
17%
Every 3 years or more
16%
Never
17%

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