Aldermore Bank Reviews | Glassdoor

Aldermore Bank Reviews

Updated Sep 6, 2019

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Found 79 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
71%
Recommend to a Friend
87%
Approve of CEO
Aldermore Bank CEO Phillip Monks
Phillip Monks
54 Ratings
Pros
  • "Aldermore has a great people first view of work(in 8 reviews)

  • "Great people - subject matter experts, trying to do the right thing(in 7 reviews)

Cons
  • "I've worked really hard in other company's and often feel its been for nothing so at least in Aldermore my hard work is valued and means something(in 7 reviews)

  • "Team structure is always changing, big senior management turnover doesn(in 6 reviews)

More Pros and Cons
  1. "Forward-thinking and modern approach to working"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Relationship Manager in Bristol, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Not having worked in a corporate environment before, it was nowhere near as restrictive as I had expected. I am trusted to get on with my work and am not micro-managed. There is always help from colleagues or management. Flat management structure.

    Cons

    Feels like it is getting more corporate since take -over by First Rand.

    Aldermore Bank2019-09-06
  2. "Great company, people & culture, but progression overpromised and underdelivered."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Relationship Manager 
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Aldermore Bank full-time for more than 3 years

    Pros

    - Great offices now refurbishments have taken place - Culture focused - Great people and atmosphere - Salary is good in comparison to other competitors - Good training programmes run by 3rd party companies meaning the knowledge gained is not just suitable to Aldermore.

    Cons

    - Moving towards a culture where younger people are being overlooked for promotions to promote people with experience. This can be quite demoralising and means Aldemore are running the risk of losing young talent who ideally would like a future with the bank. - Workload is high with no option to work outside of normal hours unless you travel to the office. - Workload means development can be hard to work on. -... Senior Management not very visible in certain areas of the business. - Recognition of individuals often goes a miss.

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    Advice to Management

    - More focus on young people who want to build a career in Aldermore and be a cornerstone of the company going forward, or risk losing talent to competitors. - More visibility on a regular basis when it comes to the Senior Leadership team.

    Aldermore Bank2019-08-19
  3. Helpful (1)

    "Great organisation that lets individuals contribute and make a difference"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Head of IT Transformation in Manchester, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Aldermore Bank full-time for more than 3 years

    Pros

    Allows good people to be their best. Great leadership in the area I work in and lots of job opportunities.

    Cons

    Still growing up into a bigger organisation, so some processes coudl be better

    Aldermore Bank2019-07-15

    Aldermore Bank Response

    August 19, 2019

    Thank you for taking the time to provide feedback. Good to hear about the area you work in. We are keen to hear from employees through our Big conversation programme on ways to improve processes and procedures.

  4. Helpful (3)

    "If you enjoy being bullied & harassed, then you should definitely join the bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Reading, England
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Aldermore Bank

    Pros

    Kitchen in the Reading office looks nice...

    Cons

    Bullying Harassment Performance Improvement Plan is being used to dismiss good employees. HR should spend more time dealing with bullying & harassment, rather than wrinting fake reviews on Glassdoor....

    Advice to Management

    Attend an elementary management course

    Aldermore Bank2019-07-24

    Aldermore Bank Response

    July 31, 2019

    We were sorry to see this review, as the well-being of our colleagues is important to us. Our annual review of colleague sentiment has improved again this year, and our results benchmark very favourably with the industry. However, we will continue to strive for improvement and will ...

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  5. "Enjoyable place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Business Associate in Peterborough, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Aldermore Bank full-time for more than a year

    Pros

    Supportive management and inclusive culture.

    Cons

    None, the reason for my leaving was entirely out of their control.

    Advice to Management

    Continue with what you're doing.

    Aldermore Bank2019-06-04

    Aldermore Bank Response

    August 19, 2019

    Thank you for taking the time to provide feedback. We wish you well with your future plans.

  6. "Amazing, rewarding place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Aldermore Bank full-time

    Pros

    Since joining Aldermore I have nothing but positive things to say! Everybody in the office is fully inclusive of everybody which makes for a wonderful working environment, the work/life balance you are given is incredible and the backing from the bank you are given to go further is second to none. The senior management teams are all absolutely wonderful and you can see how much they care about the business which is... refreshing to see! I have been supported from the moment I applied for my job by Aldermore and it’s meant that I really want to go the extra mile for Aldermore and continue to help it grow! The senior managers are all so approachable and are really personable people and so when you’re at work you feel as though you are valued and that you’re not just a number which is honestly such a fantastic aspect of this business that you don’t get at other places! The Bank hosts so many events and training opportunities to help you go further which shows they care about developing staff which is such a good thing for any employee. As soon as I walked in the door I was given a detailed development plan to show me what was expected of me and how I can reach my potential which is amazing. I couldn’t imagine working anywhere else!

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    Cons

    Absolutely nothing! Faultless company in every sense.

    Advice to Management

    Keep doing what you’re doing! what a fantastic company

    Aldermore Bank2019-05-22

    Aldermore Bank Response

    August 21, 2019

    Thank you for taking the time to provide feedback. It is great to hear this feedback as we have focused on making Aldermore a more inclusive place to work by creating an Inclusion network with a plan of activities. Training and development is important to us and we look to provide ...

    Show More
  7. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits, salaries can be higher than competitors, good work atmosphere

    Cons

    workload is not steady. Bank is not well known

    Aldermore Bank2019-05-16
  8. "Great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - FP&A Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fantastic work colleagues and exposure to senior management

    Cons

    Dreadful systems. Strategic plans still produced in excel.

    Advice to Management

    Improve systems

    Aldermore Bank2019-05-01
  9. Helpful (4)

    "Not living up to original vision"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Reading, England
    Doesn't Recommend
    Approves of CEO

    I have been working at Aldermore Bank full-time for more than a year

    Pros

    CEO and many of the staff

    Cons

    Too many senior managers focussed on the short term.

    Aldermore Bank2019-05-08
  10. Helpful (1)

    "Challenger"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Aldermore Bank full-time

    Pros

    - Good investment in IT, people - Nice London office

    Cons

    - Little exposure to other parts of the business

    Aldermore Bank2019-03-25
Found 79 reviews