Bank of Ireland
3.2 of 5 31 reviews
www.bankofireland.com Dublin, Ireland 5000+ Employees

Bank of Ireland Reviews

Updated Mar 30, 2014

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3.2 31 reviews

                             

47% Approve of the CEO

Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher

Richie Boucher

(17 ratings)

45% of employees recommend this company to a friend
31 Employee Reviews
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Bank of Ireland is changing for the better.

Anonymous Employee (Current Employee)
Dublin, AR

I have been working at Bank of Ireland full-time for more than 8 years

ProsSignificant & 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

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

Advice to Senior ManagementKeep up the change agenda

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great Learning Experience

Anonymous Employee (Former Employee)

I worked at Bank of Ireland

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

ConsI 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.

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

Anonymous Employee (Current Employee)
Stamford, CT

I have been working at Bank of Ireland

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

ConsManagement 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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Not happy with experience at Bank of Ireland.

Operations Manager (Current Employee)

I have been working at Bank of Ireland

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

ConsLack 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 Senior ManagementWork towards recognizing opportunities and taking calculated risks for greater rewards

No, I would not recommend this company to a friend

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2 people found this helpful  

Proceed with caution

Director (Current Employee)
Stamford, CT

I have been working at Bank of Ireland

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

ConsNo bonuses awarded, nationalization risk and downward pressure on compensation beyond that seen at competitors;

Advice to Senior ManagementCommunication with employees has been poor.

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Improving the way they do business

Anonymous Employee (Current Employee)

I have been working at Bank of Ireland as a contractor for less than a year

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

ConsProgression 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 Senior Managementpromote talent not time served

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Don't bother

Customer Advisor (Current Employee)
Tallagh (Ireland)

I have been working at Bank of Ireland full-time for less than a year

ProsSome nice people in the office

ConsThey 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 Senior ManagementBe more interested in your employees opinions.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Disappointing

Anonymous Employee (Former Employee)

I worked at Bank of Ireland full-time for more than 5 years

Prosnice colleagues, benefits (except for pay) are ok, studies paid for but only if qualification required for role

Consvery political. management do not seek staffs input regularly. poor communication across various levels of management to staff. poor work atmosphere.

No, I would not recommend this company to a friend

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Nice place to work

Official (Former Employee)
Dublin, Dublin (Ireland)

I worked at Bank of Ireland as a contractor for more than 3 years

ProsFriendly colleagues, good conditions, good benefits including canteen with reduced prices, decent social life, lack of nasty competition between staff, management were generally approachable.

ConsWork was not particularly stimulating, lots of older staff who don't contribute much and are paid better with better conditions than younger, harder working colleagues, pay not great by standards of competitors

Advice to Senior ManagementMore promotional opportunities for younger, ambitious staff

Yes, I would recommend this company to a friend

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Like a public sector dinosaur, acting as Individual business units not a company.

Business Partner (Former Employee)
Dublin, Dublin (Ireland)

I worked at Bank of Ireland full-time for more than 5 years

ProsGood salary package and benefits, great pension and lots of holidays. Get to work with some really knowledgeable people

ConsUnbelievably 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 Senior ManagementPick 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.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Bank of Ireland reviews and ratings — including employee satisfaction and approval rating for Bank of Ireland CEO Richie Boucher. All 31 reviews posted anonymously by Bank of Ireland employees.