Bank Hapoalim Reviews

Pros

You can take ownership of your own work.

Cons

A lot of multitasking. Too many different functions being perforned in different areas that don't relate to each other in Compliance.

Advice to Senior Management

More staffing.

Pros

great training, good compensation, nice people to work with, challenging tasks, and environment that cultivates learning

Cons

more responsibilities would be great, difficult to move up if not in a network, sometimes work long hours, can be stressful

Advice to Senior Management

have an open door policy so employees can feel like they are providing input that results in positive changes everywhere.

Pros

It has the best investment supporting systems, as I know.
Also, It has a portal with open discussion boards on many issues - both business and personal.

Cons

I think the bank doesn't REALLY care about it's clients or its employees. The management always talks about "helping the clients", but they usually come with a way to help the costumers get rid of their money.
The senior management teams in the past 3-4 years had many mistakes, some say the bank could've get bankrupt - investing in sub-prime loans, giving loans to big businesses that could pay, etc. They are still doing these mistakes.
As an employee, mostly it's terrible. Since the bank wittingly destroyed the employee union (today, the union does nothing more than arranging trips and holidays), if you have a problem or you feel you have been treated unfair - there's no one to talk to.

Advice to Senior Management

Satisfied employees will make satisfied customers.
You have employees all over Israel - give them a chance to develop, too. The bank doesn't begin or ends in the state of Tel Aviv.
And for god's sake, think CAREFULLY before loaning these would-be bankrupt firms.

Pros

it is a good place to learn about banking and investments in Israel. the course was very good and i learned a lot

Cons

the job in call center is very demanding and the salary is very low because you are employed through employment agency. there are no opportunities for personal growth

Advice to Senior Management

to provide employees with more opportunities for personal growth and better salary so they could feel a part of this institution

Pros

It is very employee friendly.

Cons

It is not challenging enough.

Advice to Senior Management

Focus more on efficiency and effectiveness

Pros

nice people, laid back attitude with good work life balance. Support professional qualifications if pushed. Small company so get chance to do lots of different things

Cons

Not enough drive, poor communication and no coordinated vision. Promotions seem to based on nepotism rather than meritocracy. Poor leadership from the very top

Advice to Senior Management

Don't let the best people leave without replacing them. Utilise your workforce better, there are some very gifted people here that are completely underworked and not appreciated

Pros

Laissez-faire type of mgmt and good culture within Equities.

Cons

No clear strategy and sr mgmt has no background in the business for US Sales and Trading

Advice to Senior Management

Learn more about the business and trust the heads of equities and fixed-income that they know what they're doing.