Bank of Ireland
3.1 of 5 34 reviews
www.bankofireland.com Dublin, Ireland 5000+ Employees

Bank of Ireland Reviews

Updated Mar 30, 2014

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3.1 34 reviews

                             

42% Approve of the CEO

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

Richie Boucher

(19 ratings)

42% of employees recommend this company to a friend
17 Employee Reviews Back to all reviews
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    Bank of Ireland is changing for the better.

    Anonymous Employee (Current Employee)
    Dublin, AR

    ProsSignificant & exciting change agenda
    Exciting times ahead for the business
    Interesting mix of new technology driving how the bank does its business
    Bank very supportive of staff doing further education & upskilling

    ConsSome resisters still have influence, especially some of the longer serving staff
    Middle managers need to up their game & change management abilities

    Advice to Senior ManagementKeep up the change agenda

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Management in Ireland not great in communicating the truth to their employees.

    Anonymous Employee (Current Employee)
    Stamford, CT

    ProsGreat benefits, friendly people - really do try to make sure that you understand what you are doing and help you along the way.

    ConsManagement in Ireland not great in communicating the truth to their employees. Mislead in where the company is going and their compensation to their employees.

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    Not happy with experience at Bank of Ireland.

    Operations Manager (Current Employee)

    ProsVery Casual Environment. Easy to communicate on a personal level with management.

    ConsLack of Strategic vision of management that limits future growth of busines. Due to this lack of vision, I feel that the company long term success has been greatly compromised and therefore the future growth of the employees (raises, training, learning, etc.) has been reduced much lower than it should have been.

    Advice to Senior ManagementWork towards recognizing opportunities and taking calculated risks for greater rewards

    No, I would not recommend this company to a friend

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    Proceed with caution

    Director (Current Employee)
    Stamford, CT

    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.

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    Improving the way they do business

    Anonymous Employee (Current Employee)

    ProsImproving out dated and redundant processes, embracing technology, 9 - 5 hours, positive atmosphere.

    ConsProgression is about time served not about talent. career model seriously needs to be looked at. alot of old school dead weight in senior management

    Advice to Senior Managementpromote talent not time served

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Don't bother

    Customer Advisor (Current Employee)
    Tallagh (Ireland)

    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

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

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

    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

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    Get in at the right level and salary

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

    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

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    stable conservative traditional old school

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

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

    ConsThe 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 Senior ManagementBe 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

    No, I would not recommend this company to a friend

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    Slow paced and unsatisfying work envoirnment

    Anonymous Employee (Current Employee)

    ProsQuality people, good business structure and exceptional exposure and experience. Good work life balance

    ConsThere is a high resistant to change, new ideas and innovative people. There is little opportunity to develop your career. Frustrating systems. Too much red tape.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Bank of Ireland reviews and ratings — including employee satisfaction and approval rating for Bank of Ireland CEO Richie Boucher. All 17 reviews posted anonymously by Bank of Ireland employees.