Allied Irish Banks Reviews
Updated Jun 2, 2012 – Reviews are posted anonymously by employees.
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www.aibgroup.com
Company Rating Based on 8 ratings Employees say it's “OK” |
CEO Rating
Based on 2 ratings
Chairman |
Allied Irish Banks has 886 connections on Glassdoor
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Pros
Great location and salary. Relaxed athmosphere
Cons
Bank crisis means lots of redundencies
Advice to Senior Management
Over lent during the boom means bank is now no life support
Pros
There is a good work ethic and the people around you tend to be friendly, smart and eager to help you learn.
If you wish to advance yourself, at least in terms of knowledge and experience, you have every opportunity with a wide array of courses available both externally and from within.
The pay is reasonable but can be described as nothing more. If you are working in the Corporate Banking department as I was you would be better off in a similar department in a better bank but the amount of learning available more than compensates for the first year or so.
Cons
There is no opportunity for young people now (at least there wasn't when I left in 2011) and the senior management have played a game of musical chairs, simply moving from department to department at no reduction in their salary when many of these people (and I'm not discussing board members here) should have been shipped out long ago.
I would venture to say that certain members of this ilk could not explain the difference between a debtor and a creditor. I can only assume they still have jobs due to the photos of members of certain political parties with goats that are in their posession, however this is unfortunately not going to be true.
When you have no shot at an increase in remuneration and look up the ladder to see these clowns sitting at the top, you have no option but to be critical of their management, which has created a posionous atmosphere within the bank. However having discussing with ex colleagues, I'm under the impression that things are beginning to look up. But only a little.
Advice to Senior Management
Take a long hard look at some of the people below (expecially middle management) who have genuine talent and knowledge. If you want to do the honorable thing in the long run, treat these people well, take care of them and don't let them be victims of politics within the organisation. I have seen talented people suffer first hand because of some idiots superiority of titleand it is criminal. I'd like to name names to be honest but I've seen the person mentioned in a defamation case before so I'll hold off.
Further than that, I really feel management just need to keeptrying to control the costs and get the bank back on it's feet, but this will all be worthless if the same behaviour as before starts up again.
Pros
Good environment before the company started failing.
Cons
Pay is lower than market
Pros
Relaxed environment
Free Banking
Staff Loans/Insurance/Mortgage
Good Training
Subsidized Canteen
Club Subs
Extra 5 days off for your wedding day
Cons
Hierarchical Management Structure
Career progressions halted
Change Control is very frustrating
Too much red tape
Compulsory Gratuity Fee for Canteen Staff
Advice to Senior Management
Try to do more to improve morale among staff. The Bank is losing a huge amount of skillful and valuable employees on a weekly basis though attrition. Consider staff as an important asset.
Pros
reasonable hours, great people, open communication, good benefits
Cons
progression freeze at the moment
Advice to Senior Management
resume progression
Pros
Friendly people to work with and plenty of social events organised and paid by staff themselves.
Cons
After the withdrawel of Orlacles multimillion Flexicuble proj our technology is behind the times for years to come. With the debt the bank is currently in, the solution is minimising staff, including areas crucial for these times. Dedication is at a minimum with nothing to work for.
Advice to Senior Management
Bring back promotions/bonus's once redundancys are complete.
Pros
Flexibility, nice people and many opportunities to learn a lot. Some good benefits such as mortgage still, however no longer pay increases or bonuses due to freeze.
Cons
People don' t tend to leave until now cos of crisis, no promotions, no internal vacancies on intranet etc. Too much uncertainty
Advice to Senior Management
Better salaries, ensure all vanancies are on intranet rather than word of mouth. Make drastic changes now so employees know where they stand.
Pros
Work/life balance. Close contact with management.
Cons
Government control. Limited pay structure.
Advice to Senior Management
Ensure they hold on to young talent.



