Mizrahi Tefahot Reviews

Updated March 16, 2015
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3.0
14 Reviews
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Recommend to a friend
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Eliezer Yones
6 Ratings

Employee Reviews

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  1. Good way to start your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Analyst in Tel Aviv-Yafo (Israel)
    Current Employee - Credit Analyst in Tel Aviv-Yafo (Israel)

    I have been working at Mizrahi Tefahot full-time (more than a year)

    Pros

    I loved to worked at this bank because I had the ability to learn and the managers are trying to help you get better in what you are doing, the hard work is recognized by them too.

    Cons

    Plenty opportunities to learn and get experience in the financial industry. There are some promotion opportunities. Great work life balance.

    Advice to ManagementAdvice

    Overall I think that the management is pretty fine, there are a lot of departments and I guess that any of my suggestions wont fit every department. The only thing that I can say is that the employers are one if not the most valuable asset of the bank and the management must understand that (I don't say they don't).

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2. Huge gap between seniors and juniors in compensatipon

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

    I have been working at Mizrahi Tefahot full-time (more than 3 years)

    Pros

    Jobs for students, over timer wages, good work/life balance, conservitive banking allows for good judgement and not jumping into risks for goals.

    Cons

    in a word -money, little wage for the bankers in the branches , small salaries for economists while the division heads and higher each earn more than the team below them.

    Advice to ManagementAdvice

    Higher salaries and better bonus packages

    Recommends
    Positive Outlook
    No opinion of CEO
  3. Conservative Bank with lots of internal politics and ego

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Pmm in Ramat Gan (Israel)
    Current Employee - Pmm in Ramat Gan (Israel)

    I have been working at Mizrahi Tefahot full-time (more than 3 years)

    Pros

    Lots of good people are working there.
    Tries to give the best service to his clients

    Cons

    Conservative bank without the will to invest in technological progress as other banks in the world are doing.
    Lots of internal politics and power struggles with very low execution.

    Advice to ManagementAdvice

    Change the way that you see the Internet. this is the future of banking and you should invest your money in been the best at it. If you will not wake up soon you will loose your good standing.

    Doesn't Recommend
    Negative Outlook
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  5. Great workers bad managment

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

    I have been working at Mizrahi Tefahot full-time (more than 3 years)

    Pros

    They succed to recruit very good qualitative employees, unfortunately they dont stay for long. A Chance to do varied assighnments, due to the fact that department is small, and everybody is doing everything.

    Cons

    Hardly any employee development. difficult to move from one unit to another. If a problem arise there is no one to turn to.

    Advice to ManagementAdvice

    HR is for helping workers solve issues, not being againts them. The bank has great workers, tallented hard working with medium salaries, for the least treat them fairly and respectfull.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. Why or why not to work in Mizrahi Tefahot.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Ramat Gan (Israel)
    Current Employee - Business Analyst in Ramat Gan (Israel)

    I have been working at Mizrahi Tefahot full-time (more than 3 years)

    Pros

    -Stability
    -Good experience
    -Top 3 Bank.
    -Good work/life balance.

    Cons

    -Not competitive salary.
    -Old hardware and software.
    -Very conservative thinking

    Advice to ManagementAdvice

    Invest in your people

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. Solid bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT-IS in Tel Aviv-Yafo (Israel)
    Current Employee - IT-IS in Tel Aviv-Yafo (Israel)

    I have been working at Mizrahi Tefahot full-time (more than 5 years)

    Pros

    innovative, good food at new data center'.

    Cons

    Should improve employer - employee relationships

    Advice to ManagementAdvice

    The human resource is your most valuable asset

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. Good organization in general, but low salaries and very intensive work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Securities Operation in Ramat Gan (Israel)
    Former Employee - Securities Operation in Ramat Gan (Israel)

    I worked at Mizrahi Tefahot full-time (less than a year)

    Pros

    Promotion opportunities, varies positions for long term carrer, good place for working mothers

    Cons

    Very intense work, low salary

    Advice to ManagementAdvice

    low alittle bit the dividends paid for the managment and raise the salaries of the foundation workers of the bank.

    Recommends
    Positive Outlook
    No opinion of CEO
  9. good learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Economist in Ramat Gan (Israel)
    Current Employee - Economist in Ramat Gan (Israel)

    I have been working at Mizrahi Tefahot full-time (more than a year)

    Pros

    Nice opportunities for the future

    Cons

    I've seen better salaries at other banks

    Recommends
    Positive Outlook
  10. It was a good workplace and my bosses were always nice and caring.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mortgage Consultant in Jerusalem (Israel)
    Current Employee - Mortgage Consultant in Jerusalem (Israel)

    I have been working at Mizrahi Tefahot part-time (more than a year)

    Pros

    I loved the fact that they train you from the ground up and keep doing it throught the years. If you work hard you will get promoted. The work enviroment is good and department heads rty to include social events with everyday work.

    Cons

    starting pay is low and they consider benefits and bonuses as part of your salary.

    Advice to ManagementAdvice

    Cherish your empoyees, they are your greatest asset. Get to know them and they will be happy.

    Recommends
    Neutral Outlook
  11. suffering with benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Economist in Jerusalem (Israel)
    Current Employee - Economist in Jerusalem (Israel)

    I have been working at Mizrahi Tefahot full-time (less than a year)

    Pros

    nice bonuses, good people, challenging, fair ,good hours

    Cons

    low salary
    bad infastructure
    selfish top managment
    no food service
    religious oriented

    Advice to ManagementAdvice

    better website will attract much more people

    Recommends
    Neutral Outlook
    Disapproves of CEO

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