Bank of Ireland Reviews

Updated June 26, 2015
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Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher
Richie Boucher
28 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

49 Employee Reviews

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  1. Good company benefits, nice employees

    • Work/Life Balance
    • Culture & Values
    • 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

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

    Pros

    Great work life balance, good location

    Cons

    Salaries not in line with some positions


  2. Analyst

    • 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 full-time

    Pros

    Friendly atmosphere. Supportive of your professional development. Sensitive to work-life balance.

    Cons

    Projects can take some time to complete.


  3. Helpful (1)

    Bank of Ireland is changing for the better.

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

    I have been working at Bank of Ireland full-time (More than 8 years)

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

    Pros

    Significant & 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

    Cons

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

    Advice to Management

    Keep up the change agenda


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  5. Great Learning Experience

    • 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

    Pros

    Did my internship there so teaching was very prevalent. All departments I worked taught me a lot. Moving around was encouraged.

    Cons

    I cannot think of any cons of working at this company. The weather in Ireland is very cold so that is why I decided to leave the country and therefore the company.


  6. 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.


  7. Not happy with experience at Bank of Ireland.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager
    Current Employee - Operations Manager

    I have been working at Bank of Ireland

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

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

    Cons

    Lack 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 Management

    Work towards recognizing opportunities and taking calculated risks for greater rewards


  8. Helpful (2)

    Proceed with caution

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

    I have been working at Bank of Ireland

    No opinion of CEO
    No opinion of CEO

    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 Management

    Communication with employees has been poor.


  9. Fantastic Company

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

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

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

    Pros

    Independence. People have good amount of space to work and generally a nice environment. Top company all round and cannot do enough for people.

    Cons

    None at all. Keep up the good work.

    Advice to Management

    None keep up the good work.


  10. 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.


  11. Good culture

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

    I have been working at Bank of Ireland full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Strong culture, good work-life balance

    Cons

    Decision making can be slow



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