Average Hourly Rate for Bank of America Corp. (BOFA) Employees

$24.41
Avg. Base Hourly Rate (USD)
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FAQs About Bank of America Corp. (BOFA)

How much does Bank of America Corp. (BOFA) pay?

Bank of America Corp. (BOFA) pays its employees an average of $24.41 an hour. Hourly pay at Bank of America Corp. (BOFA) ranges from an average of $19.02 to $39.81 an hour. Bank of America Corp. (BOFA) employees with the job title Loan Underwriter, Mortgage make the most with an average hourly rate of $27.99, while employees with the title Customer Service Representative (CSR) make the least with an average hourly rate of $18.73.

Are Bank of America Corp. (BOFA) employees satisfied with their compensation?

Our Fair Pay score for Bank of America Corp. (BOFA) is 2.59. Read reviews from current employees that include compensation and culture insights.

What is the highest salary at Bank of America Corp. (BOFA)?

The highest reported salary for an employee at Bank of America Corp. (BOFA) is currently $39.81 / hour

Bank of America Corp. (BOFA) Reviews

Overall Satisfaction
3.5 out of 5
Ratings
Appreciation
3.3
Company Outlook
3.9
Fair Pay
2.6
Learning and Development
3.6
Customer Relations Manager (CRM) in Buffalo:
Pros: Benefits, work schedule, corporate atmosphere.
Cons: Pay, stress level, favoritism, lack of opportunity for advancement.
Senior Teller in Davenport:
Pros: 1. Meeting interesting people. 2. Predictable good schedule. 3. Countrywide company with option to transfer to other states. 4. Offers tuition and child care reimbursement. 5. Employee programs that offer support in emotional, legal and even health issues.
Cons: 1. Very brain-numbing repetitive transactions that become extremely annoying after doing them so long. I need more intellectual challenges. 2. Annoying, rude and crazy customers. 3. Standing up the whole entire time. 4. Very difficult to climb up the ladder outside of retail banking. 5. Crazy referral and sales pressure expectations. 6. Knowing that any little mistake could cost you your job. 7. Working with lazy people. 8. I hate being on the floor while wearing a suit. Because of change orders, night drops etc... I'm constantly on the floor arranging, lifting and opening boxes of coins. Yet I'm expected to wear a suit.
Read More Reviews

Most Common Benefits at Bank of America Corp. (BOFA)

Retirement & Financial Benefits
Defined Benefit Pension Plan

About Bank of America

Address: 100 North Tryon Street Charlotte, North Carolina 28202
Industries: Asset Management, Banking, Finance, Financial Services, FinTech
Founded on: January 1st, 2007
Also known as: Bank of America NA, Bank of America National Association
"About This Company" data & logos provided by

Years of Experience

Entry Level
6.2%
Early Career
41.9%
Mid Career
24.4%
Late Career
10.4%
Experienced
17.1%
This data is based on 356 survey responses.

Gender Breakdown for Bank of America Corp. (BOFA)

Female
55.8%
Avg. Hourly Rate: $19 - $34
Male
43.5%
Avg. Hourly Rate: $19 - $44
This data is based on 269 survey responses. Learn more about the gender pay gap.

Popular Locations for Bank of America Corp. (BOFA)

Bank of America Corp. (BOFA) Job Listings

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