Bank of Ireland

  www.bankofireland.com
  www.bankofireland.com

Bank of Ireland Reviews

Updated August 26, 2014
Updated August 26, 2014
42 Reviews
3.4
42 Reviews
Rating Trends

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
25 Ratings

9 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    A false promise

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

    I worked at Bank of Ireland full-time (more than 8 years)

    Pros

    There are some decent people to work with (not work for).

    Cons

    Where do I start? crap wages, nepotism, overpaid (and far too many) managers, useless union, no perks, limited opportunities to move on or upwards etc.

    Advice to ManagementAdvice

    Most of the management at this stage should be shown the door and replaced by mid-level staff who are working their bollox off and spending a large chunk of their time studying and challenging themselves.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Don't bother

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Advisor in Tallagh (Ireland)
    Current Employee - Customer Advisor in Tallagh (Ireland)

    I have been working at Bank of Ireland full-time (less than an year)

    Pros

    Some nice people in the office

    Cons

    They 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 ManagementAdvice

    Be more interested in your employees opinions.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    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 (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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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 (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
  6.  

    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 (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
  7.  

    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 (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
  8.  

    Good place to work

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

    I have been working at Bank of Ireland as a contractor (less than an year)

    Pros

    Good scope of work.
    Better learning environment.

    Cons

    Work 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 ManagementAdvice

    Keep 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.

  9. 2 people found this helpful  

    Blech

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

    I worked at Bank of Ireland

    Pros

    Good pay, reasonable time off.

    Cons

    Senior 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 ManagementAdvice

    Take a good hard look at HR practices!

    Doesn't Recommend
    Disapproves of CEO
  10. 2 people found this helpful  

    Proceed with caution

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in Stamford, CT
    Current Employee - Director in Stamford, CT

    I have been working at Bank of Ireland

    Pros

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

    Cons

    No bonuses awarded, nationalization risk and downward pressure on compensation beyond that seen at competitors;

    Advice to ManagementAdvice

    Communication with employees has been poor.

    No opinion of CEO

Work at Bank of Ireland? Share Your Experiences

Bank of Ireland

 
Click to Rate
or

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