Bank of Ireland
3.2 of 5 31 reviews
www.bankofireland.com Dublin, Ireland 5000+ Employees

Bank of Ireland Reviews

Updated Mar 27, 2014

Be The First To
Add Photos

All Employees Current Employees Only

3.2 31 reviews

                             

47% Approve of the CEO

Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher

Richie Boucher

(17 ratings)

45% of employees recommend this company to a friend
8 Employee Reviews Back to all reviews
Relevance Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Don't bother

Customer Advisor (Current Employee)
Tallagh (Ireland)

I have been working at Bank of Ireland full-time for less than a year

ProsSome nice people in the office

ConsThey tried to introduce themselves like a really friendly company that will help you in case of confusions and will take you to the stars. It's not true- after your training no one really cares about you. There is no career opportunities and salary is VERY low. Management doesnt know as to what is going on in the office. Atmosphere is a bit stressful, they really try to push you down sometimes. I dont look forward to go there everyday

Advice to Senior ManagementBe more interested in your employees opinions.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Disappointing

Anonymous Employee (Former Employee)

I worked at Bank of Ireland full-time for more than 5 years

Prosnice colleagues, benefits (except for pay) are ok, studies paid for but only if qualification required for role

Consvery political. management do not seek staffs input regularly. poor communication across various levels of management to staff. poor work atmosphere.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Like a public sector dinosaur, acting as Individual business units not a company.

Business Partner (Former Employee)
Dublin, Dublin (Ireland)

I worked at Bank of Ireland full-time for more than 5 years

ProsGood salary package and benefits, great pension and lots of holidays. Get to work with some really knowledgeable people

ConsUnbelievably slow to make decisions, some can literally take years. More politics than your average parliament.Way too many meetings wasting peoples time, lowers productivity . No trust in employee skill sets. Every consulting organisation in the country has been through the place on a regular basis, "writing strategy papers, advising on change, reviewing decisions. You can't make a decision without some consultant being paid too much for their uniformed opinion on it. No open communication and a culture of shoot the messenger. Executive management have no acccountability for poor decisions made. You'd be sacked in most other companies for the millions of euros of wasted company funds.

Advice to Senior ManagementPick a strategy, tell your staff clearly where the company needs to go. Get rid of all the consultants and trust your staff. Invest more in training them on hard skills. Make decisions faster and hold senior execs acccountable for their decisions.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

It was nice to work with BOI. Not any more.

Test Analyst (Current Employee)
Dublin, Dublin (Ireland)

I have been working at Bank of Ireland full-time for more than 10 years

ProsFlexible with working hours. There is a good mix of people to interact with. Free tea and coffee facilities. It used to be a very nice place to work.

ConsThey don't look after their staff. The morale is very low. All the good experience is being lost due to outsourcing.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Get in at the right level and salary

Relationship Manager (Current Employee)
Dublin, Dublin (Ireland)

I have been working at Bank of Ireland full-time for more than 5 years

ProsVery few.
A few years ago when the banking system was functioning properly my division (Private Banking) was actually a good place to work. There were social events, bonuses and scope to progress.

ConsNo attempt to boost staff morale, depleting numbers and a general lack of direction for the business. There is a lot of pressure being applied to sales staff which is inceasing every year. It's not the worst place to work in but be sure to negotiate hard for a salary and level you are happy with because you'll be stuck there until you leave.

Advice to Senior ManagementIn the absence of any big changes happening in the way the bank is run, they should try to do what they can to boost morale, which was being done even up to quite recently. Banks can't be seen to be looking after their staff! That's just the small stuff at the surface. Generally speaking Irish banks are just not a good environment to work in.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Good place to work

Designer SOA (Current Employee)
Dublin, Dublin (Ireland)

I have been working at Bank of Ireland as a contractor for less than a year

ProsGood scope of work.
Better learning environment.

ConsWork culture is very wired.
So many managers with less or no output giving huge overhead.
Many vendors and chaos work environment.
Needs effective leadership.

Advice to Senior ManagementKeep eye on quality output of your employees rather than going through words and statements.
If there is cost overhead then you being leader is responsible rather than your employees since you could not able to identify the gap at right moment as well the right resource and show him/her the right track.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

1 person found this helpful  

Blech

Auditor (Former Employee)
Dublin, Dublin (Ireland)

I worked at Bank of Ireland

ProsGood pay, reasonable time off.

ConsSenior management is a joke and unless you are a favorite, you do not get promoted. All hiring is based on who likes who best, not about competencies.

Advice to Senior ManagementTake a good hard look at HR practices!

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

2 people found this helpful  

Proceed with caution

Director (Current Employee)
Stamford, CT (US)

I have been working at Bank of Ireland

ProsComprehensive Benefits and less prone to lay-offs; Work life balance respected;

ConsNo bonuses awarded, nationalization risk and downward pressure on compensation beyond that seen at competitors;

Advice to Senior ManagementCommunication with employees has been poor.

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Bank of Ireland? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Bank of Ireland reviews and ratings - including employee satisfaction and approval ratings for Bank of Ireland CEO Richie Boucher. All 8 reviews are posted anonymously by Bank of Ireland employees.