Average Bank of America Corp. (BOFA) Salary in 2024 (2024)

United States

Employer

Bank of America Corp. (BOFA)

Salary

Average Bank of America Corp. (BOFA) Salary in 2024 (1)

$94k

/ hour

Avg. Base Salary (USD)

$7k

Avg. Bonus

3.5

Reviews

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Currency: USD

Updated: Mar 20 2024

Individuals Reporting: 774

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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 $94,127 a year. Salaries at Bank of America Corp. (BOFA) range from an average of $58,890 to $148,235 a year. Bank of America Corp. (BOFA) employees with the job title Senior Software Engineer make the most with an average annual salary of $132,470, while employees with the title Relationship Banker make the least with an average annual salary of $45,455.

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 $148k / year

Bank of America Corp. (BOFA) Reviews

Overall Satisfaction

3.5

out of 5

Ratings

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 reimbursem*nt.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

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

Bank of America Corp. (BOFA) offers pension plans. To help guarantee a stable income flow later in life, countless employees enroll in employer-provided pension plans. Bank of America Corp. (BOFA) provides defined benefit …Read more

Retirement & Financial Benefits

Defined Benefit Pension Plan

View more benefits

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

3.0

%

Early Career

27.3

%

Mid Career

23.2

%

Late Career

18.9

%

Experienced

27.6

%

This data is based on

768

survey responses.

Gender Breakdown for Bank of America Corp. (BOFA)

Male

51.3

%

Avg.

Salary

:

$61k - $154k

Female

48.2

%

Avg.

Salary

:

$54k - $142k

This data is based on

571

survey responses. Learn more about

the gender pay gap.

Popular Degrees Held By Employees at Bank of America Corp. (BOFA)

Pay ranges for employees at

Bank of America Corp. (BOFA)

by degree.

Bachelor of Science (BS / BSc), FinanceAvg. Salary $56k — $139kMaster of Business Administration (MBA), FinanceAvg. Salary $77k — $210kBachelor of Business Administration (BBA), FinanceAvg. Salary $68k — $129kBachelor of Science (BS / BSc), Computer Science (CS)Avg. Salary $87k — $145kBachelor of Science (BS / BSc), Business ManagementAvg. Salary $57k — $155kBachelor of Arts (BA), EconomicsAvg. Salary $71k — $118kBachelor of Business Administration (BBA)Avg. Salary $62k — $86kBachelor of Arts (BA), PsychologyAvg. Salary $72k — $114kBachelor of Science (BS / BSc), Business AdministrationAvg. Salary $79k — $106k

Popular Locations for Bank of America Corp. (BOFA)

  1. Charlotte, North Carolina
  2. New York, New York
  3. Jacksonville, Florida
  4. Chicago, Illinois
  5. Dallas, Texas
  6. Boston, Massachusetts
  7. Atlanta, Georgia
  8. Los Angeles, California
  9. Jersey City, New Jersey
  10. Phoenix, Arizona

View more locations

Bank of America Corp. (BOFA) Job Listings

Search

Companies Related to Bank of America Corp. (BOFA)

Companies in the same industry as

Bank of America Corp. (BOFA)

, ranked by

salary

.

Investment Technology GroupAvg. Salary: $93,933The World Bank GroupAvg. Salary: $94,289Omidyar NetworkAvg. Salary: $93,975MoneyAvg. Salary: $94,000Man FinancialAvg. Salary: $94,000Delaware InvestmentsAvg. Salary: $94,000The Jewish Guild for the BlindAvg. Salary: $94,000World Economic ForumAvg. Salary: $94,006Abc BankAvg. Salary: $94,066Fiserv HealthAvg. Salary: $94,100Webster BankAvg. Salary: $93,960Argus Information and Advisory ServicesAvg. Salary: $94,176Kaufman Financial GroupAvg. Salary: $94,177The Guardian Life, WROAvg. Salary: $94,192Alliant Credit UnionAvg. Salary: $94,195AssetmarkAvg. Salary: $94,282Summit State BankAvg. Salary: $94,286Tave Risk ManagementAvg. Salary: $94,286Experian LimitedAvg. Salary: $94,155

Compare Bank of America Corp. (BOFA) to Similar Companies

Compare the work satisfaction, stress and gender at Bank of America Corp. (BOFA) with similar employers

Satisfaction

Stress

Gender

Average Bank of America Corp. (BOFA) Salary in 2024 (2)

Bank of America Corp. (BOFA)

3.6

Bank of America Corporation

3.9

Chase Bank

3.7

Wells Fargo Bank

3.4

Average Bank of America Corp. (BOFA) Salary in 2024 (2024)
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