There are newer employer reviews for Bank of the Philippine Islands

Stable company with good benefits, but lower base salary and slow promotion system

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Assistant Manager in Makati, Rizal (Philippines)
Former Employee - Assistant Manager in Makati, Rizal (Philippines)

I worked at Bank of the Philippine Islands

Pros

Great benefits, such as unlimited healthcare, car plan, housing plan, steady bonuses, etc.
Also good location in the center of the Philippines' main financial district
Good opportunities to experience the full range of banking

Cons

Very slow promotion system - takes an average of 3-5 years to be promoted
Lower base salary compared with the industry
Not a lot of young people - young people tend to spend 3-5 years then move on

Advice to ManagementAdvice

Hire more young people. Make the promotion system faster and provide more benefits that younger employees would appreciate - such as higher base salaries, more opportunity for movement (remove 12 month residency), and remove officership training program bond

Recommends
No opinion of CEO
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  1. Its just the name which is big

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst in Manila, Manila (Philippines)
    Former Employee - Analyst in Manila, Manila (Philippines)

    I worked at Bank of the Philippine Islands

    Pros

    You will acquire new skills and knowledge. People in the IS Division are mostly fresh graduates. Expect a young crowd. Managers and Supervisors are very approachable and down to earth.

    Cons

    You work on your own. They don't give much attention to new employees. Sources of information are weak. The company is also very conservative. No fashionable clothes or they will send you a memo. Even their computers are 10years old! Except for managers, they have LCD screens.

    Advice to ManagementAdvice

    Invest on updated pcs and machines. Give trainings and recognize those people who work hard and gets the job done (specially with minimal supervision)

    Doesn't Recommend
    No opinion of CEO
  2. Good foundation for banking career

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

    I worked at Bank of the Philippine Islands

    Pros

    Great exposure in SAS Banking Solution.

    Cons

    salary wise not very good, sometimes not motivational environment

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Bank of the Philippine Islands

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