Bank of Ireland Reviews

Updated June 25, 2015
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Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher
Richie Boucher
7 Ratings

Pros
  • It is possible to maintain a work - life balance (in 5 reviews)

Cons
  • alot of old school dead weight in senior management (in 3 reviews)

More Pros and Cons

13 Employee Reviews

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  1. Fantastic colleagues and line management, terrible culture

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Colleagues are almost universally enjoyable to work with. Fun, hard working and helpful, and I was astonished to see the level of talent and creativity. I can't certainly complain about (nearly) any of my direct managers either. Options to move around branches and departments fairly easily, which keeps the work fresh and interesting. Good social culture.

    Cons

    The absolute stereotype of an old-school, hierarchical, rigid organisation, motivated by and managing through fear. There are small change initiatives, but they are tiny drops in a culture that needs to change from the top down. There is no room for employee empowerment or new ideas. I have heard fantastic ideas and suggestions from those "in the field", starting with the cashiers, but the suggestions are either not listened to at all, or die somewhere along the escalation hierarchy. Executive management are also making severely unintelligent, illogical business decisions, changing the things that are actually working well, and leaving issues affecting productivity to fester. The extremely late "upgrade" of the IT systems is a great example...

    Advice to Management

    Don't be so afraid to think outside the box. You have an absolute wealth of talent and creativity in your loyal work force, who would happily help the Bank into the 21st century (or even the 20th). You cannot be everywhere at once, so set up a good process for both receiving and acting on employee feedback (something better than the silly, nondescript Gallup polls). Those doing the core jobs have tons of suggestions for improving productivity.


  2. Good people, no so good leadership

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

    I have been working at Bank of Ireland full-time (Less than a year)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Good base salary and benefits if you are joining from externally

    Cons

    Team I was in - did not have a good leadership

    Advice to Management

    Work on the culture and tone from the top


  3. Helpful (1)

    Stifles people who have ability to bring about real change

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

    I worked at Bank of Ireland (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Interesting work and gained huge experience in the area of my expertise. Met some lovely people who just wanted the job done the right way.

    Cons

    Management not interested in real change; No real strategy that I could see and all decisions were made on the basis of what management wanted, not what was right for the Company; in fact line management never communicated with the department and never met face to face.

    Advice to Management

    Get out of your ivory towers and go and meet the staff. Encourage them to be open and honest about what needs to change. Otherwise the Bank will languish in mediocrity.


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  5. Cronyism still around

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

    I have been working at Bank of Ireland full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Some nice people, well known around Ireland and UK. Getting better at listening to staff.

    Cons

    Low pay, expected too much for what we are able to do. Massively under staffed.Not much scope for career progression or development unless you want to be a manager. Outdated systems which affects both staff and customers. Management pat each other on the back while the lower staff do all the hard work.

    Advice to Management

    Recognise the hard workers more, they take the brunt of the complaints from customers and public.


  6. Career building.

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

    I worked at Bank of Ireland full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    In the early years of my time with bank of ireland there were plenty of opportunity for personal growth and development, but as the economic climate changed this changed also.

    Cons

    Personally for me the location of the IT Department where I worked did not suit as it was not on a main public transport link.


  7. Improving the way they do business

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

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

    Cons

    Progression 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 Management

    promote talent not time served


  8. Slow paced and unsatisfying work envoirnment

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

    I have been working at Bank of Ireland full-time (More than 3 years)

    Doesn't Recommend
    Doesn't Recommend

    Pros

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

    Cons

    There 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.


  9. Pretty Good

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

    I worked at Bank of Ireland

    Approves of CEO
    Approves of CEO

    Pros

    Satisfactory Benifits and good workforce

    Cons

    Too much politics in the workplace


  10. Helpful (1)

    Your average bank

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

    I worked at Bank of Ireland full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Motivated workforce, collaborative environment, flat hierarchies

    Cons

    slow decision making; high on politics; senior management lacks courage to make decisions, likes to run the shop 'cloak and dagger style'; aged, very complex and risky technology mix

    Advice to Management

    Simplify your products, take out complexity, streamline your operation, realise you are a small bank, and root out the arrogance sometimes displayed towards shareholders and customers.


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

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

    I have been working at Bank of Ireland

    No opinion of CEO
    No opinion of CEO

    Pros

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

    Cons

    Management 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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