Bank of Ireland

  www.bankofireland.com
  www.bankofireland.com
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Bank of Ireland Reviews

Updated 26 August 2014
Updated 26 August 2014
38 Reviews
3.2
38 Reviews
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Recommend to a friend
Approve of CEO
Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher
Richie Boucher
22 Ratings

Employee Reviews

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  1.  

    Disappointing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

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

    Cons

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

    Doesn't Recommend
    No opinion of CEO
  2.  

    Nice place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Official  in  Dublin, Dublin (Ireland)
    Former Employee - Official in Dublin, Dublin (Ireland)

    I worked at Bank of Ireland as a contractor for more than 3 years

    Pros

    Friendly colleagues, good conditions, good benefits including canteen with reduced prices, decent social life, lack of nasty competition between staff, management were generally approachable.

    Cons

    Work was not particularly stimulating, lots of older staff who don't contribute much and are paid better with better conditions than younger, harder working colleagues, pay not great by standards of competitors

    Advice to ManagementAdvice

    More promotional opportunities for younger, ambitious staff

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Partner  in  Dublin, Dublin (Ireland)
    Former Employee - Business Partner in Dublin, Dublin (Ireland)

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

    Pros

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

    Cons

    Unbelievably 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 ManagementAdvice

    Pick 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.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    Fantastic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Security Compliance Officer  in  Dublin, Dublin (Ireland)
    Former Employee - Security Compliance Officer in Dublin, Dublin (Ireland)

    I worked at Bank of Ireland full-time for more than 10 years

    Pros

    First if all, the environment is vey conducive and pleasant to work in. The managers, although very strict but very caring. Management try as much as possible to be very flexible with work times in order to put a balance between work and home front. The staff in Bank of Ireland are very friendly and accommodating.

    Cons

    There isn't any downside really, all you need to know as a staff is just try as much as possible to be hardworking , punctual, give it your all and you will be happy. And maybe in recent times, there has not been career progression.

    Advice to ManagementAdvice

    What I would say really is keep up the good work.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great Learning Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of Ireland

    Pros

    Did my internship there so teaching was very prevalent. All departments I worked taught me a lot. Moving around was encouraged.

    Cons

    I cannot think of any cons of working at this company. The weather in Ireland is very cold so that is why I decided to leave the country and therefore the company.

  7.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Test Analyst  in  Dublin, Dublin (Ireland)
    Current Employee - Test Analyst in Dublin, Dublin (Ireland)

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

    Pros

    Flexible 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.

    Cons

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Great Work Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  Dublin, Dublin (Ireland)
    Former Employee - Analyst in Dublin, Dublin (Ireland)

    I worked at Bank of Ireland as an intern for less than a year

    Pros

    Great working environment, superior are approachable and has no airs

    Cons

    Company seems to be downsizing, as seen in public news

    Advice to ManagementAdvice

    Don't forget to recruit talent at times like this

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Get in at the right level and salary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Manager  in  Dublin, Dublin (Ireland)
    Current Employee - Relationship Manager in Dublin, Dublin (Ireland)

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

    Pros

    Very 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.

    Cons

    No 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 ManagementAdvice

    In 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Quite a decent experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Bank Assistant  in  Galway (Ireland)
    Former Employee - Bank Assistant in Galway (Ireland)

    I worked at Bank of Ireland full-time for more than 10 years

    Pros

    Friendly workmates and good customer relations. Reasonable salary and time off. All in all quite a decent company to work for.

    Cons

    The last few years have been in a very difficult economic climate. A lot of customers are very disgruntled with the reduction in personal service and in some cases are taking it out on frontline staff.

    Advice to ManagementAdvice

    Some of the management seem to be too far removed from the customer base and only think in terms of targets.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    stable conservative traditional old school

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager  in  Dublin, Dublin (Ireland)
    Current Employee - Senior Manager in Dublin, Dublin (Ireland)

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

    Pros

    Staff enjoy great supports due to the company's legacy and union involvement. Training and development are supported and encouraged.

    Cons

    The culture is resistant to change, resistant to challenge and resistant to new ideas. Once decisions are made they are stuck too rigidly rather then being continually assessed.

    Advice to ManagementAdvice

    Be mindful of the consequences of actions.
    The Bank is hundreds of years old, long term planning is required
    Resist the urge to focus solely on quick wins

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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