Bank of America – Plenty of good people, but the company is a slow moving beast with top down management that is failing employees. | Comparably

Bank of America – Plenty of good people, but the company is a slow moving beast with top down management that is failing employees.

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Plenty of good people, but the company is a slow moving beast with top down management that is failing employees.

What does the leadership team need to get better at?

The leadership appears totally out of touch with its employees. There is a lot of lip service, but no action.

What needs to change to make the company culture better?

Show that employees are valued, increase the decision making ability of managers and reduce the ultimate authority of the HR department.

What's going wrong and how can it be improved?

The HR department is ineffective, often incorrect and does not have the goal of employee retention or satisfaction in mind.

Why do you feel undervalued and what would make you feel better about your compensation?

The company spends insane amounts on outside contractors, but is not generous when it comes to the salaries of employees or individual contractors.

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