Bank of America

Item: Bank of America
Rating: 3.4
Author: RepVue

107 Employee Ratings

107 Ratings

64% Verified

3.4

Rate this Company

RepVue Score

0

Bank of America

107 Employee Ratings

64% Verified

3.4

78.32

RepVue Score

Home CompaniesBank of America

Profile Highlights

High Quota Attainment

Bank of America quota attainment far exceeds the industry average

Performance Category Ratings

See how employees rated Bank of America in RepVue’s key performance categories

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

3.2

35th%of Finance orgs

# 170of 261 Finance orgs

Base Compensation

3.4

50th%of Finance orgs

# 132of 261 Finance orgs

Incentive Compensation Structure

2.7

10th%of Finance orgs

# 236of 261 Finance orgs

Product - Market Fit

3.5

28th%of Finance orgs

# 190of 261 Finance orgs

Professional Development and Training

3.2

51st%of Finance orgs

# 127of 261 Finance orgs

Inbound Lead / Opportunity Flow

3.6

72nd%of Finance orgs

# 73of 261 Finance orgs

Diversity and Inclusion

4.0

55th%of Finance orgs

# 115of 261 Finance orgs

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About Bank of America

Charlotte, NC

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking,...More

Percent that Attain Quota?

Excellent!of team members typically hit their quota

Finance Industry Average

48%

Global Average

42%

Quota Attainment at Bank of America

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Sales Development RepresentativeSalary data from 5 ratings

Base Pay$52.5k

OTE$75k

Top Performers$76k

Mid Market Account ExecutiveSalary data from 5 ratings

Base Pay$95k

OTE$125k

Top Performers$216k

Account ManagerSalary data from 5 ratings

Salaries at Bank of America

Reviews

Current Employee

1.1

May 11, 2024

Bank of America recently took away our sells commission and made us hourly due to them being fined for improper sales practices by other agents

Useful

Current Employee

3.7

Apr 7, 2024

Generally compensation for long term employees is not at market level. Generous bonus incentive is talked about but typically not given. Great company for culture, investment in technology, and community involvement. Not a place to look if you want to work remotely or in a suburban area.

Useful

View All Reviews

Reviews at Bank of America

Anonymous Q&A

Anonymous Sales ProJan 11, 2024

How challenging is the transition from SDR to AE at Bank of America?

0 Answers

Anonymous Sales ProNov 10, 2023

Do you anticipate an expansion or reduction in the size of the sales team at Bank of America in the upcoming year?

0 Answers

View all Q&A

Anonymous Q&A at Bank of America

Employee Ratings

Total Employee Ratings

Total Ratings

107

Ratings Verified by RepVue

Verified Ratings

64%

Job Categories

Account Executive

57%

Account Management

14%

Customer Success

11%

SDR / BDR

Other

Leadership Roles

Employee Status

Ratings submitted by current employees

54%

Ratings submitted by former employees

46%

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Frequently Asked Questions

Bank of America has an overall employee rating of 3.4 out of 5 and a RepVue score of 78.32. They are ranked #153 out of all Finance organizations.

Currently it is reported that 62.3% of the reps at Bank of America are hitting quota.

Bank of America has a rating of 3.2 out of 5 for culture and leadership. They are ranked #2191 in this category out of 5696 companies.

Bank of America has a rating of 3.5 out of 5 for Product - Market Fit and is ranked #190 out of 261 Finance companies.